Claimant scorecard · AERS v2.1 · Calibrating
Cerebras Systems
1 claim tracked in the Responsibility Ledger. 1 pending grade.
AERS
—
Insufficient closed grades
Pending
1
Open horizons
Closed
0
Graded outcomes
First tracked
May 6, 2026
Open horizons
Cerebras Systems: $3.5B IPO targeting $26.6B valuation on May 13, 2026
Invalidator — Cerebras withdraws IPO, prices below $100/share, or stock closes >30% below IPO price within 90 days. OpenAI contract delayed or reduced in scope by >25% as disclosed in Cerebras Q3/Q4 2026 earnings.
Grade by Aug 31, 2026· 3 months for IPO pricing; extended to year-end for contract delivery·Entry 012·Materiality 5/5
About this scorecard
The AI Execution Risk Score (AERS) is a 0-100 metric quantifying the gap between Cerebras Systems’s public AI claims and demonstrated delivery. Higher AERS = stronger track record. Each claim above is drawn from a primary source linked in the original Ledger entry; the horizon date is when the claim becomes graded under the published methodology. Materiality is the editor’s assessment of the claim’s formality from 1 (PR statement) to 5 (earnings call or SEC filing).
AERS v2.1 · Methodology in active calibration · Not investment advice.