<ul data-eligibleForWebStory="true"><li>The AI chip maker Cerebras had its official X account hacked to promote a fake cryptocurrency scam involving a coin named $CEREBRAS.</li><li>Despite suspicions from industry experts and the public, Cerebras confirmed the scam and clarified that it did not launch any token.</li><li>Cerebras regained control over its X account and warned people to be cautious of cryptocurrency scams.</li><li>Cerebras recently achieved record-breaking LLM inference speeds with the Llama 4 Maverick 400B model, outperforming Nvidia.</li><li>CEO Andrew Feldman denied involvement in the scam and reiterated that Cerebras does not endorse any cryptocurrency or token.</li><li>Director James Wang also confirmed that Cerebras is not launching a token and urged people not to click on any suspicious links.</li><li>The company's objective is to reclaim control of the account and prevent further fraudulent activities.</li><li>Cerebras secured a $45 million US government contract with Ranovus to enhance inter-chip connections.</li></ul>

World's largest AI chip maker hit by crypto scam - Cerebras says token isn't real, so don't fall for it

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