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The Manila Times

Cerebras says Q2 2026 fast-inference cloud revenue nearly quadrupled

AI Market Summary
Cerebras reported a sharp acceleration in cloud services, with GAAP cloud revenue up 281% YoY and core revenue more than doubling, alongside higher core gross margin and raised full-year guidance. Large remaining performance obligations ($25.4B), contracted 600MW data-center capacity, and plans to scale manufacturing 10x reinforce visibility for AI inference demand. Partnerships with OpenAI, AMD, and AWS add credibility to execution and ecosystem positioning.
Impact level
● Medium
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NCSKCBRS2USD/USDT-6.44%
AI Insight · NCSKCBRS2USD/USDTAI Insight
▲ Bullish
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Cerebras Systems reported results for the second quarter of 2026, saying GAAP cloud services revenue rose 281% year over year to $126 million and core cloud services revenue climbed 287% to $127.7 million. GAAP total revenue increased 74% to $180.1 million, while core total revenue rose 103% to $209.9 million. The company said remaining performance obligations stood at $25.4 billion at quarter-end. It also said it plans to more than triple revenue in 2027, with the CEO citing rapid progress in key areas.
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