AITechmemeabout 2 hours ago
Cerebras Q2 revenue up 74% to $180M, raises forecasts
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Cerebras Systems (CBRS.O) reported Q2 revenue of $180M, up 74% year-over-year, and raised its annual revenue and gross margin forecasts on Wednesday. The company cited robust demand for its chips from firms expanding data-center capacity for AI services. CBRS shares dropped over 14% in after-hours trading.
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