Cerebras said during its third-quarter 2026 earnings call that it had signed an agreement with Microsoft, adding a third hyperscale cloud customer after AWS and Oracle, according to an IT Home report published November 13, 2026.
The wafer-scale AI chip company reported approximately $230 million in core revenue for the quarter, up 20% year over year. Cloud services and other revenue accounted for $145 million, up 272%. As of September 30, 2026, Cerebras had $26.1 billion in remaining performance obligations.
Cerebras projected 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%. The company said it had secured 700 MW of data-center capacity for delivery by 2027 and was working with partners to expand capacity.
Source: ithome.com (originally published 2026-11-13 14:41 UTC+8)