Cerebras Systems reported core revenue of approximately $210 million in Q2 2026, representing over 100% year-over-year growth. CEO Andrew Feldman told investors that core revenue should more than triple by 2027, backed by $25.4 billion in performance obligations already on the books. The company has also signed a multi-year agreement with OpenAI valued at more than $20 billion to deliver 750 megawatts of inference compute. Cerebras went public in May 2026, raising $6.4 billion in gross proceeds, and raised its full-year 2026 revenue guidance to a range of $880 million to $890 million. The group plans to unveil the CS-4, its next-generation system, next week.
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