Keep pulling the thread on Andrew Feldman.
Following its recent IPO, Cerebras has a market capitalization of approximately $60 billion to $63 billion.
Cerebras claims its AI computers are 15 to 20 times faster at inference than GPUs.
Cerebras signed a deal with OpenAI valued at over $20 billion.
In March, Cerebras signed an agreement with AWS to have its hardware deployed in Amazon's data centers.
The Abu Dhabi-based holding company G42 became a strategic partner for Cerebras and placed a billion-dollar order for its systems.
Cerebras aims to increase its manufacturing output by 10x in the current year.
The deal between Cerebras and OpenAI was finalized in approximately 4.5 weeks, with a term sheet signed the night before Thanksgiving and the master agreement signed on December 24th.
Andrew Feldman predicts that fast AI will enable the creation of entirely new business models and cause fundamental jumps in productivity, rather than just incrementally improving existing tools.
Cerebras's core technology is a wafer-scale chip measuring 46,000 square millimeters, the size of a dinner plate.
Andrew Feldman predicts the market for slow AI inference will eventually become zero.
Between mid-2017 and mid-2019, Cerebras spent approximately $8 million per month while being unable to successfully manufacture its wafer-scale chip.
Cerebras sold approximately 12 first-generation units, 300 second-generation units, and is now selling tens of thousands of its third-generation systems.