Cerebras Stock Opened Trading with a Wild Rally. It Still Has a Lot of Runway Before It Catches Up with Nvidia and AMD.

AI computing systems builder Cerebras Systems  (CBRS) went public on May 14 following a highly successful IPO. The company is already being touted as a rival to AI giant Nvidia Corporation (NVDA). Cerebras came up with the idea of making the “GPU” the entire wafer, meaning that instead of tying multiple GPU chips together, the company’s technology enables similar or higher aggregate compute and memory bandwidth with a single wafer-scale engine. 

Cerebras also claims that its Wafer-Scale Engine 3 offering is the fastest commercialized AI processor in the world, with an inference up to 15 times faster than leading GPU-based solutions from Nvidia. The technology shows promise, and becoming a public entity indicates that it’s now ready to show the world.