Cerebras Systems and G42 Announce $100M Partnership for AI Supercomputers

9:13 pm
July 23, 2023

California-based artificial intelligence (AI) company, Cerebras Systems, has formed a strategic partnership with technology group G42 in the UAE. The deal involves the supply of three advanced AI supercomputers worth approximately $100 million. This collaboration comes at a time when cloud computing providers are looking for alternatives due to the high demand for AI computing solutions. Cerebras’ Condor Galaxy systems have gained recognition for challenging Nvidia’s dominance in the AI computing market.

G42 plans to acquire three of these systems initially and potentially obtain nine more in the future. The first supercomputer, CG-1, is expected to be operational this year, with CG-2 and CG-3 coming online by early 2024. As part of the partnership, Cerebras CEO Andrew Feldman will relocate to the UAE for three months to collaborate closely with G42 in further developing their computing service using these innovative AI systems.

About G42 and Expansion into Healthcare and Energy Sectors

G42 is a tech conglomerate based in Abu Dhabi, housing multiple companies specializing in data center and cloud service businesses. With the acquisition of Cerebras’ AI supercomputers, G42 aims to provide advanced AI computing services to industries such as healthcare and energy. This collaboration combines G42’s expertise and resources with Cerebras’ cutting-edge technology.

The partnership received significant financial backing, with G42 securing $800 million from US tech investment firm Silver Lake, supported by the UAE’s sovereign wealth fund Mudabala.

“White Glove” Service and Potential Expansion

Cerebras’ “white glove” service, which offers seamless support in building AI systems, played a crucial role in fostering this partnership. G42 Cloud CEO Talal AlKaissi praised Cerebras for their efficient collaboration and expressed the possibility of utilizing excess capacity to provide AI solutions to open-source AI communities worldwide.

“There will be some excess capacity that we hope to wholesale to customers in the open-source AI community from many places around the world, especially in the US ecosystem,” said AlKaissi.

Summary:

Silicon Valley-based AI company Cerebras Systems and UAE’s G42 have partnered to bring cutting-edge AI supercomputers to industries like healthcare and energy. In a deal worth $100 million, G42 will acquire three of Cerebras’ AI systems initially, with the potential for further expansion in the future. Cerebras CEO Andrew Feldman will relocate to the UAE for three months to collaborate closely with G42 in developing their computing service using these advanced AI systems. The partnership combines the expertise and resources of both companies and is backed by significant funding from US tech investment firm Silver Lake.

FAQ:

1. What is Cerebras Systems?

Cerebras Systems is a Silicon Valley-based artificial intelligence (AI) company that develops advanced AI systems, including the Condor Galaxy supercomputers.

2. Who is G42?

G42 is a technology group based in the United Arab Emirates (UAE) with expertise in data center and cloud services. G42 is focused on revolutionizing industries like healthcare and energy through advanced AI computing services.

3. What is the partnership between Cerebras Systems and G42?

Cerebras Systems has partnered with G42 to provide advanced AI supercomputers for industries like healthcare and energy. The partnership involves the supply of three AI systems initially, with the potential for further expansion in the future.

4. How will the partnership benefit both companies?

The collaboration allows Cerebras Systems to further develop their computing service using G42’s expertise and resources. G42, on the other hand, gains access to cutting-edge AI technology and can provide advanced AI computing services to various industries.

5. What is Cerebras’ “white glove” service?

Cerebras’ “white glove” service refers to their seamless support in building AI systems on their machines. This service has been praised by G42 Cloud CEO Talal AlKaissi for its efficiency and has played a significant role in fostering the partnership between the two companies.

6. Where will Cerebras’ CEO relocate to?

Cerebras CEO Andrew Feldman will relocate to the United Arab Emirates (UAE) for three months to collaborate closely with G42 in further developing their computing service using advanced AI systems.


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