Big Money Moves in AI
Cerebras Systems has struck a jaw-dropping deal worth around $100 million with the UAE-based tech group G42. This arrangement isn’t just pocket change; it involves delivering an AI supercomputer, or as they say in Silicon Valley, the kind of tech that makes your computer’s processor look like a glorified calculator. The agreement, announced on July 20, comes with the tantalizing possibility of introducing up to nine more units down the line.
The Superiority of the Condor Galaxy
Headquartered in Silicon Valley, Cerebras is sending its Condor Galaxy systems to G42, with a commitment for three of these beasts — think nine interconnected supercomputers working shoulder to shoulder. The star of the show, the Condor Galaxy 1 (CG-1), boasts a mind-boggling performance of 4 exaflops and is powered by a whopping 54 million cores. Yes, you read that right. If this supercomputer were a living being, it would be the brainiac kid in the back of your high school class.
Fast-Track Manufacturing in the USA
To ensure these tech marvels hit the ground running, the systems will be manufactured in the United States. The first of the bunch is expected to be operational by the end of this year, while CG-2 and CG-3 are slated to join the club in early 2024. Talk about an expedited delivery!
Nvidia Watch Out
This deal isn’t happening in a vacuum, folks. The world is on a quest for alternatives to Nvidia chips, which currently rule the roost in AI technologies. Thanks to soaring demand from AI services like ChatGPT, these chips are facing shortages. Enter Cerebras and its competitors, who are none too pleased with Nvidia’s stranglehold on AI computing.
Expansion Plans and Relocation Adventures
According to Cerebras CEO Andrew Feldman, there’s chit-chat about acquiring up to six additional supercomputers by the end of 2024. The plan is to ramp up AI computing power to a staggering 36 exaflops next year. But wait, there’s more! Feldman is even thinking of packing his bags and heading to the UAE for three months, keen on collaborating with G42 to enhance computing services using these systems. He refers to this amazing opportunity as a chance to revolutionize a massive market. So, if you see him at a local falafel stand, don’t forget to say hi!
G42’s Ambitious Plans
G42, based in Abu Dhabi, is not about to sit idly by. They plan to utilize Cerebras systems to boost AI computing services for sectors like healthcare and energy. The tech revolution is alive and well in the UAE, and it looks like G42 is ready to jump in.
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