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<h2 id="header-0">Cerebras and G42 Partner to Revolutionize AI Computing with $100M Deal</h2>
<p>Cerebras Systems, based in <strong><a href="https://www.coingabbar.com/en/crypto-currency-news/the-first-citizens-bank-to-acquire-svb-coingabbar-news" rel="noopener noreferrer nofollow">Silicon Valley</a></strong>, has signed a $100 million deal with UAE's technology group G42 to provide an initial installment of an AI supercomputer, with the possibility of nine more units. G42 will acquire three Condor Galaxy systems, showcasing a performance of 4 exaFLOPs each, and plans to establish 36 exaFLOPs of AI computing in the coming year. The systems will be manufactured in the US, with the first system operational this year and the rest in early 2024. The move aims to challenge Nvidia's dominance in the AI computing sector amid soaring demand for AI services.</p>

Cerebras and G42 Partner to Boost AI Supercomputer with $100M Deal

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