archivetech funding news

Cerebras AI chip systems with investors including 1789 Capital
AIArtificial IntelligenceIn the News

Cerebras Lands $1.1 Billion in Fresh Round, Joins Trump-Linked 1789 Capital

In what appears to be a glowing endorsement for AI hardware, Silicon Valley startup Cerebras Systems has raised $1.1 billion in new funding. The investment raises the company’s valuation to $8.1 billion and brings 1789 Capital — a venture fund linked to Donald Trump Jr. — into the fold as...