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latchkey • yesterday at 9:17 PM • 1 reply • view on HN

Cerebras is an 11 year old unprofitable company with a stock that is down 30% since the IPO, in the hottest market ever.

They've pivoted many times over the years trying to make "wafer scale" work in a variety of use cases, and they still haven't gotten it right.

By the way, the CTO is dumping stock left and right and the stock is down nearly 5% today alone...

https://www.marketbeat.com/instant-alerts/insider-cerebras-s...


Replies

gfody • yesterday at 9:54 PM

that's an automatic, prenegotiated sell off - calling that dumping is worse than calling the ceo a felon (at least one is technically true). are any of the big ai companies actually profitable? how has cerebras not gotten their chip right? they're the only company shipping wafer scale inference hardware, and they're shipping to the largest labs in the world. and it works - I use cerebras.ai the token rate is amazing

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