Cerebras Systems Secures $1.1 Billion Series G, Welcomes Trump-Linked 1789 Capital as Investor

Cerebras Systems, a leading Silicon Valley AI chip company, has announced the close of a massive $1.1 billion Series G funding round—a move that now values the firm at $8.1 billion. The round was co-led by Fidelity Management & Research Co and Atreides Management. Other participants include Tiger Global, Valor Equity Partners, and notably, 1789 Capital, an investment firm linked to former President Donald Trump.

Funding Details and Strategic Intent

This latest injection of capital comes after Cerebras’ earlier plans for an IPO were delayed, largely due to regulatory reviews and unfilled government positions during the early Trump administration. The company remains committed to going public in the future, but is currently focused on leveraging these new funds to expand its data center and manufacturing footprint—especially within the United States.

• Series G round: $1.1 billion
• Current valuation: $8.1 billion
• Key investors: Fidelity, Atreides Management, Tiger Global, Valor Equity Partners, 1789 Capital

1789 Capital’s Political Connection Draws Attention

1789 Capital’s participation has ignited widespread media interest, not only due to the scale of the investment, but also its political associations. The firm is linked to President Trump, and its involvement is being closely watched by both tech and financial analysts for potential implications in regulatory and market dynamics. Coverage is rapidly spreading across major outlets, underscoring both the business and political dimensions of Cerebras’ latest move. As of this publication, no notable public X (Twitter) posts have been cited in news reports.

Growth Trajectory: Data Centers and AI Hardware

Cerebras will channel this capital into scaling up its U.S.-based data centers and advancing its proprietary AI hardware technology. The company is known as a formidable rival to Nvidia, focusing on specialized chips designed to handle large-scale artificial intelligence workloads. This expansion is poised to bolster domestic manufacturing and innovation at a time when demand for AI infrastructure is surging globally.

IPO Plans on Hold, But Future Still Bright

After initially filing to go public, Cerebras remains private, having postponed its IPO due to regulatory hurdles. The firm has signaled ongoing intent to pursue a public offering once market and policy conditions stabilize, indicating confidence in its long-term growth strategy.

Industry Impact and Next Steps

This funding round positions Cerebras as a central player in the race for advanced AI hardware, with a reinforced commitment to U.S. manufacturing. The blend of private equity and political connections is likely to keep the company in the spotlight as it continues to shape the future of artificial intelligence.

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