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
What was said
"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.
Verification status
Attributed speaker claim
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Source and context
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- Programme
- No Priors Podcast
- Episode
- The Story Behind Cerebras’ $63 Billion IPO with Founder and CEO Andrew Feldman
- Clip time
- 7:09
- Original source
- Watch the source segment →
From this episode
No Priors Podcast