Foundation Capital

“Do I think [there's] gonna be like a $10 billion company that helps companies manage AI spend? I don't.”

“It's massive validation for early-stage investors like Benchmark, Foundation Capital and Eclipse Ventures, which backed Cerebras at a time when chips were out of VC fashion. Let alone a chipmaker whose thesis was heavy in memory.”

“Cerebras raised $5.55 billion after opening at $185, the high end of its range, and reached $385 before closing at $311, for a market value of $95 billion.”