Cerebras, a U.S.-based artificial intelligence (AI) chip manufacturer often referred to as an "Nvidia rival," is pushing for a multi-trillion won investment in AI infrastructure in Europe.
According to AFP, Cerebras, which currently operates three data centers equipped with its own AI chips in France, Finland, and Norway, plans to expand its total processing capacity to 200 megawatts (MW) by next year.
Andrew Feldman, CEO of Cerebras, met with AFP reporters at the 'Raise Summit' AI event held in Paris, France, on July 9 (local time) and shared plans for a "massive expansion" project worth several billion dollars, or trillions of Korean won, regarding its investment strategy in Europe.
"We believe that by building data centers across Europe, we can meet Europe's specific requirements, such as data sovereignty," he said.
As tensions between the U.S. and Europe rise and European governments and companies become wary of excessive reliance on U.S. suppliers, Cerebras appears to be targeting local demand by prioritizing the expansion of data centers within Europe.
CEO Feldman noted that, just like in the U.S., the "demand for computing for generative AI is growing very rapidly" in Europe, adding that the pace of growth is "hard for us to keep up with."
Founded in 2015, Cerebras has focused on developing chips specialized for "inference" tasks, where AI models generate answers to user questions.
The company is particularly known for its Wafer-Scale Engine (WSE) technology, which creates an AI chip out of an entire wafer.
By designing a large, plate-sized chip instead of using standard stamp-sized chips, the company reduces the speed degradation and errors that occur in existing systems that must connect multiple small chips, thereby increasing AI computational speed.
With the recent proliferation of AI agents that autonomously perform tasks on behalf of users, the demand for inference semiconductors has surged, drawing attention to Cerebras as a major player in the market alongside Nvidia and AMD.
Cerebras went public on the New York Stock Exchange in May, raising 5.55 billion dollars (approximately 8.4 trillion won), which was one of the top 15 initial public offerings (IPOs) in Wall Street history.
Cerebras has secured clients including British pharmaceutical company GSK, as well as various data center and software firms in Europe.
Additionally, in the first quarter of this year, the company signed a contract with OpenAI estimated at 20 billion dollars to supply computing resources through at least 2028.
(Photo: Yonhap News)
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