• Market Cap: $2,418,160,157,835.35
  • 24h Vol: $108,433,118,919.67
  • BTC Dominance: 56.67%
XBT.Market
Advertisement
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us
No Result
View All Result
XBT.Market
No Result
View All Result
Home Bitcoin

Cerebras Systems secures $100M AI supercomputer deal with UAE’s G42

Jon Hartney by Jon Hartney
July 21, 2023
in Bitcoin, Blockchain, Business, Market
0
Cerebras Systems secures $100M AI supercomputer deal with UAE’s G42
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Alongside G42, Cerebras aims to expand the supercomputer, with plans to establish 36 exaflops of AI computing in the coming year.

Cerebras Systems has announced a deal worth around $100 million with G42, a technology group based in the United Arab Emirates (UAE). The agreement entails providing the initial installment of an artificial intelligence (AI) supercomputer, with the possibility of delivering up to nine more units, the company said in a statement on July 20.

Cerebras, headquartered in Silicon Valley in the United States, said G42 has committed to acquiring three of its Condor Galaxy systems — an innovative network comprising nine interconnected supercomputers. The first supercomputer in this network, known as Condor Galaxy 1 (CG-1), has a performance of 4 exaflops and comprises 54 million cores.

Related articles

Can Bitcoin Price Cross $200,000? Pundit Reveals 3-Year Roadmap For Success

Can Bitcoin Price Cross $200,000? Pundit Reveals 3-Year Roadmap For Success

May 11, 2026

Solana ETF inflows show demand returning as traders eye SOL rally to $120

May 11, 2026

These systems will be manufactured in the United States to expedite their deployment. The first system is scheduled to be operational this year, while the remaining two, CG-2 and CG-3, are expected to be online in early 2024, the company said.

Visual representation of the supercomputer features. Source: Cerebras

This agreement emerges amid a global quest among cloud computing providers to find alternatives to Nvidia chips, the current market leader in AI computing. Nvidia’s products are facing shortages due to the soaring demand from AI services like ChatGPT and others. In this context, Cerebras and several other startups strive to challenge Nvidia’s dominance in the AI computing sector.

According to Cerebras CEO Andrew Feldman, discussions are underway for the potential acquisition of up to six more supercomputers by late 2024. Alongside G42, the company aims to expand the supercomputer, with plans to establish 36 exaflops of AI computing in the coming year.

Related: OpenAI launches ‘custom instructions’ for ChatGPT so users don’t have to repeat themselves in every prompt

In the announcement, Feldman expressed his intention to relocate to the UAE for three months, collaborating closely with G42 to advance its computing service using the systems. He described the endeavor as a “rare opportunity to revolutionize a massive market.“ G42, headquartered in Abu Dhabi, said it planned to leverage the Cerebras systems to offer AI computing services to healthcare and energy companies.

Cointelegraph reached out to Cerebras for more information on the terms of the deal and its future plans but has not yet received a response.

Collect this article as an NFT to preserve this moment in history and show your support for independent journalism in the crypto space.

Magazine: AI Eye: AI’s trained on AI content go MAD, is Threads a loss leader for AI data?

Read Entire Article
Tags: CointelegraphCryptocurrencyInvestmentMining Bitcoin
Share76Tweet47

Related Posts

Can Bitcoin Price Cross $200,000? Pundit Reveals 3-Year Roadmap For Success

Can Bitcoin Price Cross $200,000? Pundit Reveals 3-Year Roadmap For Success

by Jon Hartney
May 11, 2026
0

A crypto analyst has laid out a bold Bitcoin price forecast for the next three years, predicting an ultimate target...

Solana ETF inflows show demand returning as traders eye SOL rally to $120

by Jon Hartney
May 11, 2026
0

Solana ETFs recorded their strongest weekly inflow since February as SOL futures open interest climbed nearly 30% Is SOL bracing...

Strategy May Be Buying Bitcoin Again Despite Q1 Sell Talk

Strategy May Be Buying Bitcoin Again Despite Q1 Sell Talk

by Jon Hartney
May 11, 2026
0

Strategy CEO Phong Le said last week that Bitcoin’s daily trading volume — averaging more than $60 billion — is...

Bitcoin Price Holds Near $82,000 as ETF Inflows Surge and CLARITY Act Battle Intensifies

Bitcoin Price Holds Near $82,000 as ETF Inflows Surge and CLARITY Act Battle Intensifies

by Jon Hartney
May 11, 2026
0

Bitcoin Magazine Bitcoin Price Holds Near $82,000 as ETF Inflows Surge and CLARITY Act Battle Intensifies Bitcoin price is trading...

Price predictions 5/11: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, HYPE, ADA

by Jon Hartney
May 11, 2026
0

Bitcoin looks set for another blockbuster week, but potential resistance at $84,000 could complicate the rally Will altcoin consolidation continueKey...

Load More
  • Trending
  • Comments
  • Latest
SUI Price Hits All-Time High – But Questions About Valuation Remain

SUI Price Hits All-Time High – But Questions About Valuation Remain

October 17, 2024
Solana Targets $160 Resistance As TVL Hits New Yearly Highs

Solana Targets $160 Resistance As TVL Hits New Yearly Highs

October 17, 2024
Dogecoin Holder Base Falls To 6-Month Low, But Analyst Believes DOGE Price Is Headed To $10

Dogecoin Holder Base Falls To 6-Month Low, But Analyst Believes DOGE Price Is Headed To $10

October 17, 2024
Bitcoin Price Holds Firm: Can It Power Toward New Gains?

Bitcoin Price Holds Firm: Can It Power Toward New Gains?

October 17, 2024
All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

0
Crypto owners banned from working on US Government crypto policies

Crypto owners banned from working on US Government crypto policies

0
Korean startup Uprise lost $20M shorting LUNC

Korean startup Uprise lost $20M shorting LUNC

0
Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

0
Can Bitcoin Price Cross $200,000? Pundit Reveals 3-Year Roadmap For Success

Can Bitcoin Price Cross $200,000? Pundit Reveals 3-Year Roadmap For Success

May 11, 2026

Solana ETF inflows show demand returning as traders eye SOL rally to $120

May 11, 2026
Strategy May Be Buying Bitcoin Again Despite Q1 Sell Talk

Strategy May Be Buying Bitcoin Again Despite Q1 Sell Talk

May 11, 2026
Bitcoin Price Holds Near $82,000 as ETF Inflows Surge and CLARITY Act Battle Intensifies

Bitcoin Price Holds Near $82,000 as ETF Inflows Surge and CLARITY Act Battle Intensifies

May 11, 2026

XBT.Market

This website is an automated news feed powered by the Nebulome cloud system. The site is made possible by YYC TECH Consulting and Alberta Digital Mining Company. As a team with major crypto and bitcoin enthusiasm, we have curated major sources of news, trading and financial data to bring you, our viewer, an unbiased source of truth.

Recent Posts

  • Can Bitcoin Price Cross $200,000? Pundit Reveals 3-Year Roadmap For Success May 11, 2026
  • Solana ETF inflows show demand returning as traders eye SOL rally to $120 May 11, 2026
  • Strategy May Be Buying Bitcoin Again Despite Q1 Sell Talk May 11, 2026
  • Bitcoin Price Holds Near $82,000 as ETF Inflows Surge and CLARITY Act Battle Intensifies May 11, 2026
  • Price predictions 5/11: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, HYPE, ADA May 11, 2026

News Categories

  • Bitcoin
  • Blockchain
  • Business
  • Market
  • Uncategorized

Tags

bitcoinMagzine Cointelegraph Cryptocurrency insidebitcoins Investment Mining Bitcoin NewsBTC

Quicklinks

  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market - Powered by YYC Tech Consulting & ADMCO.

No Result
View All Result
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market by Nebulome.

  • Steakhouse EURCV Morpho VaultSteakhouse EURCV Morpho Vault(STEAKEURCV)$0.000000-100.00%
  • FibSwap DEXFibSwap DEX(FIBO)$0.0084659.90%
  • TruFin Staked APTTruFin Staked APT(TRUAPT)$8.020.00%
  • bitcoinBitcoin(BTC)$84,372.003.58%
  • ethereumEthereum(ETH)$1,885.365.68%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.186.84%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • binancecoinBNB(BNB)$617.995.03%
  • Wrapped SOLWrapped SOL(SOL)$143.66-2.32%
  • solanaSolana(SOL)$128.974.23%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.1736117.78%
  • cardanoCardano(ADA)$0.687.61%
  • tronTRON(TRX)$0.2342340.79%
  • staked-etherLido Staked Ether(STETH)$1,884.065.48%
  • Gaj FinanceGaj Finance(GAJ)$0.0059271.46%
  • Content BitcoinContent Bitcoin(CTB)$24.482.55%
  • USD OneUSD One(USD1)$1.000.11%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$84,309.003.84%
  • ToncoinToncoin(TON)$4.157.66%
  • UGOLD Inc.UGOLD Inc.(UGOLD)$3,042.460.08%
  • ParkcoinParkcoin(KPK)$1.101.76%
  • chainlinkChainlink(LINK)$14.027.76%
  • leo-tokenLEO Token(LEO)$9.211.17%
  • stellarStellar(XLM)$0.2743585.70%
  • avalanche-2Avalanche(AVAX)$19.647.71%
  • Wrapped stETHWrapped stETH(WSTETH)$2,256.395.40%
  • USDSUSDS(USDS)$1.00-0.01%
  • SuiSui(SUI)$2.429.03%
  • shiba-inuShiba Inu(SHIB)$0.0000137.71%
  • hedera-hashgraphHedera(HBAR)$0.17284810.00%
  • Yay StakeStone EtherYay StakeStone Ether(YAYSTONE)$2,671.07-2.84%
  • polkadotPolkadot(DOT)$4.257.34%
  • litecoinLitecoin(LTC)$85.265.04%
  • bitcoin-cashBitcoin Cash(BCH)$314.248.23%
  • mantra-daoMANTRA(OM)$6.301.94%
  • Pundi AIFXPundi AIFX(PUNDIAI)$16.000.00%
  • PengPeng(PENG)$0.60-13.59%
  • Bitget TokenBitget Token(BGB)$4.664.95%
  • wethWETH(WETH)$1,884.285.66%
  • Ethena USDeEthena USDe(USDE)$1.00-0.04%
  • Binance Bridged USDT (BNB Smart Chain)Binance Bridged USDT (BNB Smart Chain)(BSC-USD)$1.00-0.18%
  • MurasakiMurasaki(MURA)$4.23-13.71%
  • Black PhoenixBlack Phoenix(BPX)$3.351,000.00%
  • Pi NetworkPi Network(PI)$0.714.53%
  • HyperliquidHyperliquid(HYPE)$13.729.80%
  • Wrapped eETHWrapped eETH(WEETH)$2,003.675.53%
  • WhiteBIT CoinWhiteBIT Coin(WBT)$28.350.76%
  • moneroMonero(XMR)$217.841.31%
  • Zypto TokenZypto Token(ZYPTO)$0.037139-3.47%
  • uniswapUniswap(UNI)$6.217.66%
  • AptosAptos(APT)$5.395.79%
  • PepePepe(PEPE)$0.00000811.37%
  • daiDai(DAI)$1.00-0.01%
  • nearNEAR Protocol(NEAR)$2.635.26%
  • XT.comXT.com(XT)$3.08-1.65%
  • Layer One XLayer One X(L1X)$23.35454.66%
  • sUSDSsUSDS(SUSDS)$1.050.05%
  • okbOKB(OKB)$48.762.12%
  • gatechain-tokenGate(GT)$22.883.58%
  • crypto-com-chainCronos(CRO)$0.1015853.46%
  • Coinbase Wrapped BTCCoinbase Wrapped BTC(CBBTC)$84,342.003.68%
  • MantleMantle(MNT)$0.814.44%
  • Tokenize XchangeTokenize Xchange(TKX)$33.460.86%
  • internet-computerInternet Computer(ICP)$5.517.85%
  • ethereum-classicEthereum Classic(ETC)$17.074.81%
  • OndoOndo(ONDO)$0.817.47%
  • First Digital USDFirst Digital USD(FDUSD)$1.00-0.12%
  • aaveAave(AAVE)$168.6110.19%
  • Aerarium FiAerarium Fi(AERA)$7.14-13.11%
  • Ethena Staked USDeEthena Staked USDe(SUSDE)$1.170.30%
  • BSCEXBSCEX(BSCX)$237.310.49%
  • Official TrumpOfficial Trump(TRUMP)$10.354.36%
  • vechainVeChain(VET)$0.0233636.04%
  • cosmosCosmos Hub(ATOM)$4.538.09%
  • fantomFantom(FTM)$0.70-1.56%
  • BittensorBittensor(TAO)$231.277.72%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • EthenaEthena(ENA)$0.3616194.37%
  • render-tokenRender(RENDER)$3.6710.91%
  • filecoinFilecoin(FIL)$2.927.72%
  • CelestiaCelestia(TIA)$3.181.75%
  • Black AgnusBlack Agnus(FTW)$0.000183423.46%
  • Lombard Staked BTCLombard Staked BTC(LBTC)$84,465.004.02%
  • POL (ex-MATIC)POL (ex-MATIC)(POL)$0.2063993.13%
  • KaspaKaspa(KAS)$0.0682239.38%
  • STAUSTAU(STAU)$0.17397910.95%
  • FasttokenFasttoken(FTN)$4.020.01%
  • Sonic (prev. FTM)Sonic (prev. FTM)(S)$0.5212.98%
  • algorandAlgorand(ALGO)$0.1896979.65%
  • ORA CoinORA Coin(ORA)$4.885.92%
  • ArbitrumArbitrum(ARB)$0.3397526.22%
  • Arbitrum Bridged USDT (Arbitrum)Arbitrum Bridged USDT (Arbitrum)(USDT)$1.000.07%
  • GGTKNGGTKN(GGTKN)$0.1121180.75%
  • kucoin-sharesKuCoin(KCS)$11.231.19%
  • Solv Protocol SolvBTCSolv Protocol SolvBTC(SOLVBTC)$84,076.003.32%
  • fetch-aiArtificial Superintelligence Alliance(FET)$0.4856098.68%
  • optimismOptimism(OP)$0.776.43%
  • StoryStory(IP)$4.75-2.68%