AI chip firm Cerebras raises $1.1 billion, adds Trump-linked 1789 Capital as investor
PositiveFinancial Markets

Cerebras, a leading AI chip manufacturer, has successfully raised $1.1 billion in funding, marking a significant milestone for the company. This round of investment includes participation from 1789 Capital, a firm linked to former President Donald Trump. This influx of capital not only strengthens Cerebras' position in the competitive AI market but also highlights the growing interest and investment in AI technologies, which are expected to play a crucial role in various industries moving forward.
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