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Cerebras holds $25.4 billion backlog, with 22% due as revenue by June 2028

Verifying
  • Cerebras Systems holds $25.4 billion in remaining performance obligations.
  • Cerebras expects 22% of the backlog to convert into revenue by June 2028.
  • Cerebras’ cloud and services revenue rose 287% year over year to $127.7 million.
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