Cerebras reported record quarterly revenue of $210.8 million, up 55% year over year, driven by strong demand for AI inference infrastructure. Cloud and other services revenue surged 265%, while core revenue reached $230.9 million. Despite the growth, the company posted a net loss of $161.2 million, compared with $22.2 million a year earlier. Cerebras raised its full-year core revenue outlook to $940 million-$960 million and reiterated expectations for revenue to triple in 2027, prompting shares to rise about 10% in after-hours trading.
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