AI Firm Cerebras Systems Raises $250 Million in New Funding

Cerebras Systems has raised $250 million in a series F funding round, bringing the Sunnyvale, California-based firm’s value to more than $4 billion, according to the company. Cerebras makes what is described as the world’s fastest chip, the Wafer Scale Engine 2 (WSE-2). Investment from Alpha Wave Ventures and Abu Dhabi Growth Fund will allow Cerebras to make the CS-2 AI accelerator compute system designed around the turbo-charged WSE-2 chips available to new customers globally in what co-founder and CEO Andrew Feldman describes as the “democratization of AI.” Continue reading AI Firm Cerebras Systems Raises $250 Million in New Funding

Cerebras Chip Tech to Advance Neural Networks, AI Models

Deep learning requires a complicated neural network composed of computers wired together into clusters at data centers, with cross-chip communication using a lot of energy and slowing down the process. Cerebras has a different approach. Instead of making chips by printing dozens of them onto a large silicon wafer and then cutting them out and wiring them to each other, it is making the largest computer chip in the world, the size of a dinner plate. Texas Instruments tried this approach in the 1960s but ran into problems. Continue reading Cerebras Chip Tech to Advance Neural Networks, AI Models