July 20 (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 (NVDA.O), 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.
Silicon Valley-based Cerebras said that G42 has agreed to purchase three of what it calls its Condor Galaxy systems, all of which it will build in the U.S. to speed up the roll out. The first one will come online this year, with two more coming in early 2024.
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