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Nvidia Corp. has another challenger in the AI chip space: Startup Cerebras Systems is launching a cloud-based AI service based on its chip system this week.
On Tuesday, the Sunnyvale-based company unveiled a cloud-based service focused on inference. Cerebras already has a chip and a system for training AI. Inference is what AI systems do after they’ve been trained with massive amounts of data: the systems then draw conclusions based on that data. This market is expected to become larger than the market for training systems.
“We are the fastest in the industry and the cheapest,” Andrew Feldman, co-founder and CEO of Cerebras, told MarketWatch.
He said the Cerebras cloud service, called Cerebras Inference, is 20 times faster than Nvidia GPU-based solutions in hyperscale clouds. Cerebras offers pay-as-you-go pricing to developers and enterprises. Companies can use the service through a private cloud managed by Cerebras or on-premises at the customer’s site.
There is also a free tier with access to the application programming interface (API) and generous usage limits for anyone who signs up.
Its service is powered by the Cerebras CS-3 system and its AI processor – its Wafer Scale Engine 3 (WSE-3), which is said to be the world’s largest chip dedicated exclusively to AI.
The company recently filed confidentially for an initial public offering. Feldman declined to comment on the IPO.
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