Benchmark Raises $225M In Special Funds To Double Down On Cerebras
Cerebras funding surges as Benchmark commits $225M through special vehicles to back the $23B AI chip innovator reshaping compute infrastructure.
Matilda
Benchmark Raises $225M In Special Funds To Double Down On Cerebras
Why Benchmark Just Made Its Largest-Ever Bet on One Startup Silicon Valley firm Benchmark Capital has quietly rewritten its own playbook to double down on Cerebras Systems, pouring at least $225 million into the AI chipmaker's recent $1 billion funding round. The move comes as Cerebras' valuation skyrocketed to $23 billion—nearly triple its $8.1 billion valuation from just six months ago—signaling extraordinary confidence in a company challenging Nvidia's dominance with radically different silicon architecture. For investors and enterprise buyers watching the AI infrastructure arms race, this isn't just another funding headline; it's a validation of wafer-scale computing as a viable path beyond traditional GPU clusters. Credit: Pavlo Gonchar/SOPA Images/LightRocket / Getty Images Breaking Its Own Rules to Back a Vision Benchmark has long operated with disciplined constraints, deliberately capping its venture funds at under $450 million to maintain focus and agility. Ye…
