New money follows Cerebras's expansion from a single system to a portfolio of products and cloud partnerships. : New money follows Cerebras's expansion from a single system to a portfolio of products and cloud partnerships. Cerebras Systems, the five-year-old AI chip startup that has created the world's largest computer chip, on Wednesday announced it has received a Series F round of $250 million led by venture capital firms Edge Capital via its Alpha Wave Ventures and Abu Dhabi Growth Fund.