Cerebras Systems signs $100 million AI supercomputer deal with UAE's G42


A view of Condor Galaxy supercomputing systems for artificial intelligence work made by Cerebras Systems, in Santa Clara, California, U.S., in this undated handout photo received on July 19, 2023. Courtesy of Rebecca Lewington of Cerebras Systems/Handout via REUTERS

(Reuters) -Cerebras Systems on Thursday said that it has signed an approximately $100 million deal to deliver the first of what could be up to nine artificial intelligence (AI) supercomputers in a partnership with United Arab Emirates-based technology group G42.

The deal comes as cloud computing providers around the world are searching for alternatives to chips from Nvidia Corp, the market leader in AI computing whose products are in short supply, thanks to the surging popularity of ChatGPT and other services. Cerebras is one of several startups looking to challenge Nvidia.

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