Startup chipmaker Cerebras Systems Inc. has built the first of nine artificial intelligence supercomputers, Condor Galaxy 1, with funding from Abu Dhabi, aiming to offer alternatives to systems using Nvidia Corp. NVDA technology, Bloomberg reports.
What Happened: The supercomputer, located in Santa Clara, California, cost over $100 million and is set to double in size in the coming weeks, according to Cerebras founder and CEO Andrew Feldman.
More systems are planned in Austin and Asheville, North Carolina, along with launch of overseas sites.
Why It Matters: The project is part of a race to add computing power for AI services, a field dominated by Nvidia. The new supercomputers will be operated by Cerebras and used for projects by the United Arab Emirates firm Group 42, or G42. Any excess capacity will be offered commercially as a service.
Feldman believes his processors, which can handle large data sets in one go, have an advantage over Nvidia’s processors.
Read Next: Trump, DeSantis Unveil Contrasting Military Policies Amid Festering Russia-Ukraine War
Image by Rawpixel.com on Shutterstock
Engineered by Benzinga Neuro, Edited by Pooja Rajkumari
The GPT-4 Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. Learn more.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.