The Story Behind Cerebras’ $63 Billion IPO with Founder and CEO Andrew Feldman

The Story Behind Cerebras’ $63 Billion IPO with Founder and CEO Andrew Feldman

Author: Conviction May 21, 2026 Duration: 30:33
Companies in Silicon Valley from Nvidia to AMD are racing to fuel the AI revolution with postage stamp-sized AI chips. Meanwhile, a chip the size of a dinner plate just fueled a $63 billion IPO for Cerebras. Elad Gil and Sarah Guo sit down with Cerebras founder and CEO Andrew Feldman to discuss the company’s journey to making one of the largest tech go-publics in history. Andrew details the multi-year journey of pioneering wafer-scale AI computing, including surviving a brutal period of being ahead of market demand. He also explains the engineering breakthroughs that led to delivering inference speeds at 20x that of standard GPUs. Andrew then shares how a remarkable $20 billion deal with OpenAI came together in only four weeks. Plus, Andrew’s thoughts on why architecting the future of AI requires the fortitude to be a “professional David” against the Goliaths of tech. Sign up for new podcasts every week. Email feedback to show@no-priors.com Follow us on Twitter: @NoPriorsPod | @Saranormous | @EladGil | @andrewdfeldman | @Cerebras Chapters: 00:00 – Cold Open 00:36 – Andrew Feldman Introduction 01:19 – Cerebras’ Evolution 02:48 – Wafer-Scale Bet Pays Off 06:38 – Challenges and Breakthroughs 08:37 – Crossing the Market Chasm 10:38 – Scaling Software and Hardware 12:03 – Relevance of AI-Generated Coding 13:31 – Leadership and Hiring Culture 17:16 – When to Quit vs. Persist 19:40 – Why Cerebras Went Public 22:57 – The OpenAI Deal 25:54 – Open Source and Post-Trained Workloads 27:37 – How Speed Opens Up New Business 30:33 – Conclusion

Elad Gil and Sarah Guo guide conversations in No Priors: Artificial Intelligence | Technology | Startups that cut straight to the core of what's happening now. This isn't about abstract futures; it's grounded in dialogues with the very people building and shaping the field-leading AI engineers, pioneering researchers, and the founders turning theory into reality. Each episode tackles the pressing, often daunting questions that define this technological inflection point. You'll hear them explore the practical pathways and hurdles toward AGI, debate which industries are genuinely poised for transformation, and examine how the state-of-the-art in research translates into real-world products and societal shifts. The discussions naturally span the impact on commerce, culture, and the very structure of how we live and work. Produced by Conviction, this podcast serves as an essential, clear-eyed resource for anyone looking to move beyond the hype and understand the forces driving the AI revolution. Sarah Guo, a startup investor, and Elad Gil bring their direct experience to these conversations, ensuring every interview provides substantive insight you can use.
Author: Language: English Episodes: 100

No Priors: Artificial Intelligence | Technology | Startups
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