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Cerebras has released the CS-4, a new AI computer that is multiple times faster than its predecessor, claiming a speed advantage over Nvidia systems, with wider availability in the third quarter.
Etched, an AI chip startup, announced $1B in contract orders and a $5B valuation, positioning itself as a competitor to Nvidia in inference chips.
Cerebras Systems raised $5.5B in its IPO, with shares surging 108% on the first day, valuing the company at $66 billion. The AI chip maker, a competitor to Nvidia, overcame regulatory hurdles and reported strong financials.