Newshot
Account

Cerebras Announces Microsoft Deal, $26.1 Billion in Remaining Performance Obligations at End of 2026Q3

Source: IT之家 Published: Business & Funding 中文
AI summary

Cerebras announced at its 2026Q3 earnings call that it has signed an agreement with Microsoft, gaining its third hyperscale cloud customer after AWS and Oracle. The company posted about $230 million in core total revenue in 2026Q3, up 20% year over year, of which cloud services and other accounted for $145 million, up 272% year over year. As of September 30, 2026, its remaining performance obligations stood at $26.1 billion. Cerebras expects full-year 2026 core revenue of $940 million to $960 million, a core gross margin of 42–44%, and a core operating margin of 8–10%. It has secured 700MW of data center capacity for delivery by 2027 and is expanding capacity through multiple partnerships.

Translation(model translation, not the source's own text)

Cerebras announces Microsoft deal, $26.1 billion in remaining performance obligations at the end of 2026Q3

IT之家 November 13 news: wafer-scale AI chip company Cerebras announced yesterday at its 2026Q3 earnings call that it has successfully signed an agreement with Microsoft, securing its third hyperscale cloud customer after AWS and Oracle.

The company achieved approximately $230 million in core total revenue in 2026Q3, up 20% year-over-year; of that, cloud services and others accounted for $145 million, up 272% year-over-year. As of September 30, 2026, the company's remaining performance obligations stood at $26.1 billion.

Cerebras expects full-year 2026 core revenue of $940 million to $960 million, a core gross margin of 42% to 44%, and a core operating margin of 8% to 10%. It has secured 700MW of data center capacity for delivery through 2027 and is increasing production capacity through several partnerships.

Related articles

  • AI chip company Cerebras CEO predicts: the era of home AI is coming, AI agents will handle life's chores for you
  • Cerebras reveals the CS-6 wafer-scale evolution: disruptive 3D stacking, first vertical integration of DRAM
  • 10x token capacity: Cerebras launches the WSE-3 Turbo chip and CS-4 system
  • Partnering with AMD to advance AI inference hardware is a positive, Cerebras Systems shares rose 11% intraday today
  • AI chipmaker Cerebras announces European compute expansion plan, capacity to reach 200 megawatts by the end of 2027
  • Reportedly, AI chip company Cerebras once rejected acquisition interest from Arm and SoftBank

The translation is machine-generated and individual terms may be off. Nothing is rewritten or cut; the original is authoritative.

Published by IT之家
This site only summarises and aggregates; copyright stays with the original author. Headlines and summaries follow the source — where they differ, the original wins.
Read the original ↗