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Europe strategy to reduce reliance on the US…expanding local data centers
Cerebras, the US artificial intelligence (AI) chip manufacturer known as 'Nvidia's rival', is pushing for multi-trillion won investment in AI infrastructure in Europe.
According to AFP on the 9th (local time), Cerebras, which currently operates three data centers equipped with its AI chips in France, Finland, and Norway, plans to expand its processing capacity to a total of 200 megawatts (MW) by next year.
Andrew Feldman, CEO of Cerebras, met with AFP at the 'RAISE Summit' AI event held in Paris, France, and described the European investment plan as a "large-scale expansion project" worth billions of dollars. This amounts to trillions of won in Korean currency.
He said, "By building data centers throughout Europe, we believe we can meet Europe's unique demands, such as data control."
As tensions between the US and Europe escalate and European governments and companies are wary of excessive reliance on US suppliers, Cerebras appears to be targeting local demand by expanding its data centers in Europe.
CEO Feldman said that in Europe, as in the US, "the demand for computing for generative AI is growing very rapidly," and described the pace of growth as "difficult for us to keep up with."
Founded in 2015, Cerebras has focused on developing chips specialized in 'inference' tasks, where AI models generate answers to user questions.
In particular, it is promoting its Wafer-Scale Engine (WSE) technology, which makes a single AI chip from a single wafer.
Instead of typical stamp-sized chips, it designs large, plate-sized chips, reducing speed degradation and errors that occur in existing systems that require connecting multiple small chips, and increasing AI computing speed.
With the recent spread of AI agents that autonomously perform tasks on behalf of users, the demand for inference semiconductors has surged, and Cerebras is attracting attention as a major player in the relevant market, along with Nvidia and AMD.
Cerebras also went public on the New York Stock Exchange in May, raising $5.55 billion (approximately 8.4 trillion won). This was among the top 15 initial public offerings (IPOs) in Wall Street history.
Cerebras has secured European data centers and software companies, including the British pharmaceutical company GSK, as customers.
In the first quarter of this year, it also signed an estimated $20 billion contract with OpenAI to supply computing resources until at least 2028.
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