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Home » AI » Andrew Feldman Net Worth – Cerebras Systems CEO and Co-founder

Andrew Feldman Net Worth – Cerebras Systems CEO and Co-founder

Andrew Feldman is an entrepreneur and chip design expert, known for his expertise in computer architecture and deep learning. He is the founder and Chief Executive Officer (CEO) of Cerebras Systems, an American artificial intelligence (AI) company renowned for developing cutting-edge computer systems.

raya-author-image by Raya
Thursday, 8 August 2024, 4:17 AM
in AI
andrew feldman net worth

Andrew Feldman Net Worth

Andrew Feldman is an entrepreneur and chip design expert, known for his expertise in computer architecture and deep learning. He has a wealth of experience in the semiconductor industry, having previously worked at Intel and AMD, where he played a key role in developing several breakthrough technologies. 

Feldman is the founder and Chief Executive Officer (CEO) of Cerebras Systems, an American artificial intelligence (AI) company renowned for developing cutting-edge computer systems. Before Cerebras, he co-founded and serves as the CEO of SeaMicro, a pioneer in the development of high-bandwidth, energy-efficient microservers. 

In 2024, the company was listed in Time Magazine’s “TIME100 Most Influential Companies 2024.” Today, Cerebras Systems’s revenue is close to $1 billion. 

This article will look at Andrew Feldman’s net worth, education, career, and more. 

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Andrew Feldman Net Worth

Unfortunately, there is no credible information available on Andrew Feldman’s net worth. We will update this section, as soon as we come across any reliable information.

However, it should be worth mentioning that Feldman is an established entrepreneur and his startups have been pretty successful. His startup SeaMicro was acquired by AMD for $335 million, and Cerebras Systems is very close to reaching a billion-dollar revenue. 

So, it is safe to assume that Andrew Feldman must have accumulated significant wealth by now. 

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Education

Andrew Feldman earned his Bachelor of Arts in Economics and Political Science from Stanford University, in 1991. Following his undergraduate education, he continued his studies at Stanford University Graduate School of Business, completing his Master of Business Administration (MBA) between 1995 and 1997.

Career

Andrew Feldman began his career as Vice President of Sales and Marketing at Molecular Applications Group in 1991. He then moved on to serve as Sr. Director of Marketing at Cabletron Systems from 1998 to 2000. 

From 2000 to 2003, he held the position of Vice President of Corporate Marketing and Corporate Development at Riverstone Networks.

Following that, he became Vice President of Marketing and Product Management at Force10 Networks, where he worked from 2003 to 2006. The next year, Andrew Feldman moved on to become an Entrepreneur in Residence at both Crosslink Capital and U.S. Venture Partners, with stints lasting from March to November at Crosslink and from May to October at U.S. Venture Partners.

In November 2007, Feldman co-founded SeaMicro with Gary Lauterbach, and Anil Rao, where he served as CEO until February 2012. Under his leadership, SeaMicro was acquired by AMD for $355 million.  

After SeaMicro’s acquisition, he transitioned to the role of Corporate Vice President and General Manager at AMD, overseeing the Data Center Server Solutions and Server CPU business units until 2014. 

Finally, in March 2016, Feldman founded Cerebras Systems, where he continues to serve as CEO, leading the company in developing the fastest AI accelerators in the industry, based on their pioneering Wafer Scale Engine.

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Latest Updates

Cerebras Systems recently announced new appointments to its leadership team.

Glenda Dorchak, a former executive at IBM, Intel, and Spansion, and Paul Auvil, former CFO of VMWare and Proofpoint, have joined as independent Board members. Dorchak will chair the Compensation Committee, while Auvil will chair the Audit Committee. 

In addition, Bob Komin has been appointed as Senior Vice President and Chief Financial Officer (CFO). With over 30 years of experience in high-growth technology companies, Komin has previously held significant roles at Sunrun, Flurry, and Tellme Networks. 

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FREQUENTLY ASKED QUESTIONS

Who is the CEO of Cerebras Systems?

The CEO of Cerebras Systems is Andrew Feldman. Feldman is an entrepreneur and chip design expert who founded Cerebras Systems in 2016. 

How much does a Cerebras chip cost?

According to a source, it is estimated that the Cerebras Systems’ chips cost somewhere between $2 and $3 million, although they have never been made public.

What is the revenue of Cerebras?

According to Forbes, the revenue of Cerebras Systems is not closer to reaching $1 billion. The exact revenue is unknown. 

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Raya

Raya is a tech enthusiast diving deep into New-Age technology, especially Artificial Intelligence (AI) and Machine Learning (ML). She is passionate about decoding the complexities and uses of new-age tech. Raya is on a mission to write articles that bridge the gap between technical jargon and everyday understanding, making AI and ML accessible to a wider audience.

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