Cerebras reportedly spent about $8M a month for 18 months on a chip it couldn't yet make work

A post recounting Cerebras founder Andrew Feldman's startup story says the company spent about $8M a month for 18 months on a chip it couldn't yet make work, while reporting to worried investors at board meetings every six weeks. It lists successive hurdles: doubts that the chip was possible or manufacturable, followed by no customers, frontier lab or hyperscaler.