Cerebras Systems, a Silicon Valley-based company, has struck a significant deal worth around $100 million with UAE's technology group, G42. As part of the agreement, Cerebras will deliver an initial installation of AI supercomputers, and there is potential for up to nine more installations in the future. The deal includes three of Cerebras' Condor Galaxy systems, a network of interconnected supercomputers. The first supercomputer in this network, called CG-1, boasts a performance of 4 exaflops and contains 54 million cores.
To expedite deployment, the systems will be manufactured in the United States. The first system, CG-1, is expected to be operational later this year, while CG-2 and CG-3 will come online in early 2024. This partnership comes at a time when cloud computing providers are searching for alternatives to Nvidia chips, the current leader in AI computing. Due to increased demand for AI services like ChatGPT, Nvidia's products are facing shortages. As a result, companies like Cerebras are emerging as challengers to Nvidia's dominance in AI computing.
Cerebras CEO Andrew Feldman revealed discussions about the potential acquisition of six more supercomputers by the end of 2024. Cerebras also plans to expand the supercomputer network, aiming to build 36 exaflops of AI computing power in the coming year. Significant commitment to advancing computing services, Feldman announced that he will move to the UAE for three months to collaborate closely with G42. The UAE-based technology group, G42, plans to utilize the Cerebras systems to offer AI computing services to health care and energy companies, signaling its interest in harnessing the power of AI for these sectors.
