TNW | Finance
Cerebras raises its 2026 forecast and signs Microsoft as a cloud customer
Cerebras expects up to $960m in core revenue this year, and its CEO says the Microsoft deal was signed in October. Its loss under standard accounting grew more than sevenfold.
By TNW | Finance
Excerpt shared by Lazyfounder
·Excerpt
Cerebras shares rose about 17% in after-hours trading on Thursday. The AI chipmaker posted third-quarter results that beat analysts’ estimates, lifted its outlook for the year and added a new cloud customer.
The company now expects core revenue of $940m to $960m this year, Reuters reported. In August it had…
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