Benchmark Capital invested at least $225 million in AI chipmaker Cerebras Systems' latest funding round, according to a person familiar with the deal, as the company secured $1 billion in fresh capital at a $23 billion valuation. The investment, which came as the company's valuation nearly tripled in six months, was made through two separate funds called Benchmark Infrastructure.
The funding round was led by Tiger Global, but a significant portion of the new capital came from Benchmark Capital, one of Cerebras' earliest backers. Benchmark first invested in the company in 2016, leading its $27 million Series A round. The firm, known for keeping its funds under $450 million, raised the two separate vehicles to accommodate the investment.
In other tech news, Anthropic researchers utilized 16 instances of the company's Claude Opus 4.6 AI model to create a new C compiler. The project, which took two weeks and cost approximately $20,000 in API fees, involved the AI agents working on a shared codebase with minimal supervision. The result was a 10,000-line compiler.
Meanwhile, a New York federal judge took the rare step of terminating a case due to a lawyer's repeated misuse of AI when drafting filings. District Judge Katherine Polk Failla ruled that extraordinary sanctions were warranted after attorney Steven Feldman repeatedly submitted documents with fake citations. One of Feldman's filings was noted for its "conspicuously florid prose," according to the judge.
In the consumer electronics market, Sony's Bravia 9 Series QLED screens are seeing significant discounts this weekend. The 75-inch model is available with a $900 discount, while the 85-inch version has a massive $1,800 markdown. These large screens, which can reach a peak brightness of 3,000 nits, are designed to provide an immersive viewing experience.
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