Cerebras Launches AI Inference Tool to Challenge Nvidia

Cerebras Systems logo is seen in this illustration taken March 31, 2023. (Reuters)
Cerebras Systems logo is seen in this illustration taken March 31, 2023. (Reuters)
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Cerebras Launches AI Inference Tool to Challenge Nvidia

Cerebras Systems logo is seen in this illustration taken March 31, 2023. (Reuters)
Cerebras Systems logo is seen in this illustration taken March 31, 2023. (Reuters)

Cerebras Systems launched on Tuesday a tool for AI developers that allows them to access the startup's outsized chips to run applications, offering what it says is a much cheaper option than industry-standard Nvidia processors.

Access to Nvidia graphics processing units (GPUs) - often via a cloud computing provider - to train and deploy large artificial intelligence models used for applications such as OpenAI's ChatGPT can be difficult to obtain and expensive to run, a process developers refer to as inference.

"We're delivering performance that cannot be achieved by a GPU," Cerebras CEO Andrew Feldman told Reuters in an interview. "We're doing it at the highest accuracy, and we're offering it at the lowest price."

The inference portion of the AI market is expected to be fast-growing and attractive - ultimately worth tens of billions of dollars if consumers and businesses adopt AI tools.

The Sunnyvale, California-based company plans to offer several types of the inference product via a developer key and its cloud. The company will also sell its AI systems to customers who prefer to operate their own data centers.

Cerebras' chips - each the size of a dinner plate and called Wafer Scale Engines - avoid one of the issues with AI data crunching: the data crunched by large models that power AI applications typically won't fit on a single chip and can require hundreds or thousands of chips strung together.

That means Cerebras' chips can achieve speedier performances, Feldman said.

It plans to charge users as little as 10 cents per million tokens, which are one of the ways companies can measure the amount of output data from a large model.

Cerebras is aiming to go public and filed a confidential prospectus with the Securities and Exchange Commission this month, the company said.



AI Lab Opens in Jeddah to Empower Entrepreneurs

 Participants engage in practical exercises to develop their startups using AI - SPA
 Participants engage in practical exercises to develop their startups using AI - SPA
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AI Lab Opens in Jeddah to Empower Entrepreneurs

 Participants engage in practical exercises to develop their startups using AI - SPA
 Participants engage in practical exercises to develop their startups using AI - SPA

The inaugural AI Lab, a collaboration between the StartSmart Entrepreneurship Center and Community Jameel, has launched in Jeddah, aimed at empowering entrepreneurs and startups to enhance their businesses by exploring smart solutions in an innovative environment.

The program offers a range of activities, including sessions with professionals on implementing AI through real-world applications and expert-led mentorship, SPA reported.

Participants engage in practical exercises to develop their startups using AI.

The lab also provides opportunities for visitors to receive specialized advice and learn from the experiences of seasoned entrepreneurs.

This initiative aligns with the goals of Saudi Vision 2030 to support entrepreneurship, increase the contribution of small and medium enterprises to the national economy, and promote digital transformation.