Cerebras remains a revenue-durability question, not a place to invent unsupported multiples. The prior article treated the IPO story as a hard question about customer concentration and repeatable revenue, not a license to round up valuation chatter. [1]\n\nThat makes the responsible update a source boundary. The paper can carry forward the revenue-durability caution; it should not build a fresh Cerebras claim without a new readable receipt. [1]

-- THEO KAPLAN, San Francisco