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So out of all AI chip startups, Cerebras is probably the real deal

Groq is legitimate. Cerebras so far doesn't scale (wide) nearly as good as Groq. We'll see how it goes.

Google TPUs, Amazon, a YC funded ASIC/FPGA company, a Chinese Co. all have custom hardware too that might scale well.

How exactly does groq scale wide well? Last I heard it was 9 racks!! to run llama-2 70b

Which is why they throttle your requests

Well, Cerebras pretty much needs a data center to simply fit the 405B model for inference.

I guess this just shows the insanity of venture led AI hardware hype and shady startup messaging practices

just in time for their ipo

It got cancelled/postponed.