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Cerebras posts rise in quarterly revenue in first report post-IPO

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Cerebras posts rise in quarterly revenue in first report post-IPO

Jun 23, 2026 2:17 PM

June 23 (Reuters) - Cerebras Systems ( CBRS ) posted a 94%

increase in first-quarter revenue on Tuesday in its first

financial update since going public, benefiting from robust

enterprise demand for its specialized AI chips.

The company reported revenue of $193.4 million for the

quarter, compared with $99.5 million reported in the same period

a year ago.

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