AI & Tech
Cerebras Burned $8 Million Monthly for Two Years Before First Working Chip
No Priors Podcast
The Story Behind Cerebras’ $63 Billion IPO with Founder and CEO Andrew Feldman
"We had a period between about 2017, middle of 2017 and middle of 2019 where we couldn't build it. We were spending about $8 million a month. You're having board meetings every 6 weeks saying, I, I can't build it. No, it's still not working."
Feldman revealed Cerebras spent approximately $200 million over two years trying to build the first wafer-scale chip before achieving success in summer 2019. The company was attempting to solve a problem that had defeated the entire computer industry for 70 years, including legendary computer architect Gene Amdahl. The first successful boot left the team speechless for half an hour.
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No Priors Podcast