Which Foundation Models AI tool is better in 2026?
Wafer-scale AI chips for unprecedented speed
Building frontier code models to automate software engineering and research.
| Cerebras Systems | Magic | |
|---|---|---|
| Tagline | Wafer-scale AI chips for unprecedented speed | Building frontier code models to automate software engineering and research. |
| Founded | 2016 | — |
| HQ | Sunnyvale, US | San Francisco, US |
| Employees | 500-1000 | 11-50 |
| Total funding | $2.5B | Undisclosed |
| Latest round | series-g · Sep 2025 | growth |
| Valuation | $8.1B | — |
| Cheapest paid plan | Cerebras Code Pro · $50/mo | Pricing not disclosed |
| Free plan | ✓ Free | ✗ |
| Free trial | ✗ | ✗ |
| Top tier price | Cerebras Code Max · $200/mo | Pricing not disclosed |
| Pricing summary | 5 published plans | Enterprise · Contact sales |
| Categories |
Developer-facing capabilities and access signals for Cerebras Systems and Magic.
| Capability | Cerebras Systems | Magic |
|---|---|---|
| MCP support | ✗ | ✗ |
| Public API | ✓ | ✗ |
| Webhooks | ✗ | ✗ |
| OAuth 2.0 | ✗ | ✗ |
| SDK languages | 2 (Python, Node.js) | — |
| Free plan | ✓ | ✗ |
| Free trial | ✗ | ✗ |
| Verified | ✓ | ✗ |
| Active deal | ✗ | ✗ |
Choose Cerebras Systems if price matters most — it starts at Freemium · From $50/mo, which is friendlier for teams watching burn. Both Foundation Models tools ship core features, so the cost delta often decides it for small teams and solo operators.
Choose Cerebras Systems if you want the most established option — it has raised $2.5B, suggesting more runway for enterprise features, support, and long-term roadmap. For mission-critical workflows or larger teams, that stability often outweighs a lower monthly price.
It depends on your priority. Cerebras Systems has raised more capital and is the more established option; Magic has broader feature depth. See the side-by-side table above.
Yes — Cerebras Systems's cheapest paid plan is Cerebras Code Pro · $50/mo, while Magic's is Enterprise · Contact sales.
Cerebras Systems: Yes, has a free plan. Magic: Paid only.
Contextual paths to related AI startups, deals and rankings.