For Eclipse, the $2.5B Cerebras win is just the start of realizing its physical-world thesis

For Eclipse, the .5B Cerebras win is just the start of realizing its physical-world thesis

For Eclipse, the $2.5B Cerebras win is just the start of realizing its physical-world thesis

Admin1 month ago07 mins

When Lior Susan started Eclipse Ventures in 2015, the firm’s thesis of digitizing the physical world wasn’t particularly popular in Silicon Valley. “It was the era of enterprise software and SaaS, and it felt fairly lonely the first couple of years,” Susan said on stage at a recent StrictlyVC event in San Francisco. More than…

Benchmark raises 5M in special funds to double down on Cerebras

Benchmark raises $225M in special funds to double down on Cerebras

Admin4 months ago05 mins

This week, AI chipmaker Cerebras Systems announced that it raised $1 billion in fresh capital at a valuation of $23 billion — a nearly threefold increase from the $8.1 billion valuation the Nvidia rival had reached just six months earlier. While the round was led by Tiger Global, a huge part of the new capital…