Early Cerebras investor Adit Singh joins Mayfield as infrastructure partner

Adit Singh was a partner at Foundation Capital when he helped source and co-lead the first funding round into then-obscure chip startup Cerebras. By the time Cerebras held its blockbuster IPO in May, Foundation Capital held a roughly 7% stake , making it the third-largest shareholder in the company, which now trades at a valuation of nearly $50 billion.