Cerebras Systems

Cerebras Systems's Wafer-Scale Engine chip — the largest computer chip ever made at 46,225 mm2 — delivers AI inference 20x faster than Nvidia's H100 GPU for certain workloads, outperforming rival startup Mistral AI's AI computing capabilities. The company filed for IPO in 2024 at a $7+ billion valuation, with contracts from the UAE's G42 and major US government agencies, demonstrating its value at $1.3 billion per mm2, a 30% increase compared to the average AI computing chip.