Cerebras CEO recounts burning $8M a month for 18 months on a chip that didn't work yet

rohanpaul_ai · x · 2026-10-18

Cerebras founder and CEO Andrew Feldman shared his deep-tech startup journey on TechCrunch, laying out the chain of hurdles in chip startups: first it's "impossible," then impossible to manufacture, then no customers, then no frontier lab, then no hyperscaler.

At the hardest stretch, Cerebras spent roughly $8M a month for 18 months on a chip it couldn't yet make work, while reporting to worried investors at a board meeting every six weeks.

The full video is available on TechCrunch's YouTube channel.

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