Andrew Feldman
Co-founder and CEO of Cerebras Systems, known for pioneering wafer-scale computing.
“AI chipmaker Cerebras Systems closed its first day on the Nasdaq up 68% from its $185 IPO price, giving the chipmaker a market cap of roughly $67 billion — the largest U.S. tech IPO since Snowflake's 2020 debut. By the close, co-founders Andrew Feldman and Sean Lie were billionaires.”
Source→“Andrew could not only make the vision clear, he could explain each risk point one by one from first principles. For investors, investing in deep tech is not just investing in a grand vision — we need to know exactly what risk we are taking on.”
Source→“Share changed when the rise of graphics emerged and you got the dedicated GPU — that's how NVIDIA was born. Share changed when cell phone compute emerged and Intel and AMD... got zero share. And it all moved to ARM.”
Source→“Recently IPO'd, priced at $185, opened at $320, currently ~$230/share with ~$50-60B market cap. Mentioned as the AI IPO of the year”
Source→“The next morning, you've sold no more stuff. Your engineering projects have made no progress since the day you weren't public. And you go back to work.”
Source→“Andrew is just one of these people, let's get back to work and build shit. — Brad Gerstner”
Source→“When OpenAI uses us, we're 15 or 18 times faster than a GPU. That means your answers are delivered more quickly.”
Source→“The hard part is moving data from memory to compute. This is the fundamental problem in AI. And we solved it with a way that very few others had even attempted, which was to build a very big chip and to put memory right next to compute.”
Source→“I'm a professional David. This is my fifth startup. I compete against Goliath. That is what I do for a living.”
Source→“We're the fastest at inference, not by a little bit, but by a lot. 15, 18, 20X faster than GPUs.”
Source→“I spoke to Sam in sort of middle of the summer in 25. And he said for the first time, he said, we've been trying so hard just to keep up with demand. And we now see the importance of fast inference.”
Source→“Andrew Feldman, the CEO, you can just see how hard it was what he did and that whole team did to get where they are today.”
Source→“What Cerebrus has done is something hard and fundamentally different. Way for scale computing. It comes with a set of trade-offs, but that architectural decision they made was hard and lets them do something that no one else can do.”
Source→“Cerebras raised $5.55 billion after opening at $185, the high end of its range, and reached $385 before closing at $311, for a market value of $95 billion.”
Source→“Feldman and CTO Lie are set to enter the billionaires club.”
Source→“GP Peter Fenton had been business school classmates with Feldman at Stanford, and he forwarded his colleague Vishria the pitch for a new kind of chip architecture... Eric Vishria and Benchmark (stake valued at $5.5 billion based on Thursday's close).”
Source→“Together with Gary Lauterbach, Michael James, Sean Lie, and Jean-Philippe Fricker, Feldman had built the server company SeaMicro in 2007 and sold it to AMD after five years for $334 million.”
Source→AI-extracted from podcast / newsletter / paper summaries. May contain errors.