AI company Cerebras Systems signs $100 million supercomputer deal with UAE’s G42

US-headquartered artificial intelligence (AI) Cerebras Systems on Thursday said it has signed an approximately $100 million deal to deliver the first of what could be up to nine artificial intelligence (AI) supercomputers in a partnership with United Arab Emirates-based technology group G42.

The deal comes as cloud computing providers around the world are searching for alternatives to chips from Nvidia Corp, the market leader in AI computing whose products are in short supply, thanks to the surging popularity of ChatGPT and other services. Cerebras is one of several startups looking to challenge Nvidia.