AI Chipmaker Cerebras Files For IPO To Take On Nvidia (cnbc.com) 24
Cerebras Systems, an AI chip startup, filed (PDF) for an IPO and plans to trade under the ticker "CBRS" on Nasdaq. CNBC reports: Cerebras competes with Nvidia, whose graphics processing units are the industry's choice for training and running AI models. Cerebras says on its website that its WSE-3 chip comes with more cores and memory than Nvidia's popular H100. It's also a physically larger chip. In addition to selling chips, Cerebras offers cloud-based services that rely on its own computing clusters. [...] In addition to Nvidia, Cerebras cites AMD, Intel, Microsoft and Google as competitors, "as well as internally developed custom application-specific integrated circuits and a variety of private companies." Taiwan Semiconductor Manufacturing Company makes the Cerebras chips. Cerebrus warned investors that any possible supply chain disruptions may hurt the company.
Cerebras was founded in 2016 and is based in Sunnyvale, California. Andrew Feldman, the startup's co-founder and CEO, sold server startup SeaMicro to AMD for $355 million in 2012. The company said in 2021 that it was valued at over $4 billion in a $250 million funding round.In May, G42 committed to purchasing $1.43 billion in orders from Cerebras before March 2025, according to the filing. G42 currently owns under 5% of Cerebras' Class A shares, and the firm has an option to purchase more depending on how much Cerebras product it buys.
Cerebras was founded in 2016 and is based in Sunnyvale, California. Andrew Feldman, the startup's co-founder and CEO, sold server startup SeaMicro to AMD for $355 million in 2012. The company said in 2021 that it was valued at over $4 billion in a $250 million funding round.In May, G42 committed to purchasing $1.43 billion in orders from Cerebras before March 2025, according to the filing. G42 currently owns under 5% of Cerebras' Class A shares, and the firm has an option to purchase more depending on how much Cerebras product it buys.
Re: All board the AI Hype Train! (Score:2)
I wish them luck but this is about 5- 10 years too premature to announce.
I wish them the best of luck (Score:3, Interesting)
And I mean without using frame generation and AI upscaling trickery. Not looking for 4K I just want to run 1080p at 60. I miss the days when I could do that for $330 graphics card (inflation adjusted, remember the 1060? The RX 580?)
Re: (Score:2)
I think he's just mad that he can't buy a top line consumer GPU, ignoring that these topline GPUs involve massive amounts of silicon, are the size of a brick, and handle hundreds of watts.
People need to have realistic expectations.
Learn to shop. (Score:2)
It also chokes on modern games (Score:2)
Really I should be able to get a 4060 TI for about 350 and it should have abo
Re: (Score:3)
Because maybe then I can buy a video card that can play modern games at decent frame rates for less than $600.
Then get an Intel GPU.
No, really...I have an Arc A580, and with the graphics set to a combination of medium/medium-high, I get 58fps on Cyberpunk 2077 at 3840x1080. Gamer's Nexus indicates that the A770 gets 116FPS at 1080p playing Resident Evil 4, and at $250-$300 depending on model, it's a solid option.
As an aside, I've found my A580 does video transcoding around 40% faster than my laptop's GTX4050.
So, we completely agree that nVidia has (for now) priced themselves out of the gaming market...but especiall
Re: (Score:2)
As an aside, I've found my A580 does video transcoding around 40% faster than my laptop's GTX4050.
Your desktop GPU does video transcoding faster than your mobile GPU? Wow.
So, we completely agree that nVidia has (for now) priced themselves out of the gaming market
The price difference from AMD is $50-100. For gaming, it might not be worth it; if you are doing video encoding or GPGPU then it absolutely is.
Intel's cards are slower at their primary job than everyone else's, dollar for dollar. If all you want is video encoding, then they offer decent value, but otherwise you're better off with something else.
Intel announced too many layoffs (Score:2)
And Intel is just firing too many people for me to risk buying their products. You can't lay off 15 to 20% of your staff and continue to provide the same level of service
Re: (Score:2)
Plus I hope they release their chip firmware as open source, then we on Linux and the BSDs can get full GPU processing.
Of course with Wall Street involved, we know this will not happen. I will say again, people using Linux and some BSDs should avoid Nvidia like the plague. OpenBSD has it right when they refuse to to support Nvidia and other such companies.
Take... on... me... - Nvidia though?!? Nuts! (Score:2, Interesting)
Nvidia hasn't just been around so long they are the big boys... they ARE the big boys. If you know what a texel is, you know Nvidia was the first chipmaker to create them in hardware, pioneered the triangle method of presentation of texels, and made video gaming framerates skyrocket. They have been innovators. You can "IPO" all you want, just like DJT stock, but raw money doesn't equal success, particularly in a free and open market.
Second, AI means nothing except for the media hype, the politician hyste
Re: (Score:3)
Yeah, Cerebras and Groq are both great products.
It couldn't be more obvious that we're going to need to move from general purpose GPUs to AI-specified hardware. I know people worry about the hardware locking them into architectures that may become obsolete, but the rate of performance improvement is too good to ignore.
Re: Take... on... me... - Nvidia though?!? Nuts! (Score:3)
They are competing for some of the same customers in AI training and inference. They are not trying to produce a gpgpu
Global warming friendly GPU? (Score:1)
The new intel GPUs are going to be 700W? We're firing up coal and nuclear power plants to feed the computers. What happened to global warming?
Re: (Score:2)
Global warming doesn't matter in metaverse. Get your VR goggles on and leave them on.
$4 billion value? (Score:2)
NVidia's market capitalization is $3 *trillion*. It's going to be a long, steep hike.
Taking on NVidia? (Score:2)
I mean, every startup has big dreams. Been there, done that. I've owned plenty of stock options that are now worth $0, including from a company that raised $300 million in funding.
They're "taking on" NVidia like a 2-year-old "takes on" his dad in a wrestling match.