Brings total capital raised to $2.85 billion in last 8 months
This is a Press Release edited by StorageNewsletter.com on May 7, 2026 at 2:01 pmCerebras Systems, makers of one of the fastedy AI infrastructure in the industry, announced the closing of a new five-year syndicated revolving credit facility for up to $850 million.
This follows the company’s $1 billion Series G financing closed in September 2025, and an additional $1 billion Series H in January 2026.
“We are pleased to have closed our inaugural credit facility with the support of a syndicate of leading financial institutions,” said Bob Komin, CFO, Cerebras Systems. “This additional capital provides us with non-dilutive capital to further expand our data center capacity and to fund our growth.”
Morgan Stanley, Citi, Barclays, UBS Investment Bank, Crédit Agricole CIB, MUFG, Mizuho, TD Securities and Silicon Valley Bank (SVB), a division of First Citizens Bank were Joint Lead Arrangers and Joint Bookrunners for the transaction.
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