American artificial intelligence chip startup Cerebras is accelerating its expansion in Europe, planning to significantly increase its computing capacity across the region as it seeks to challenge AI hardware leader Nvidia. According to Reuters, the company is responding to rapidly rising demand for AI computing while addressing Europe's growing emphasis on data sovereignty.
The California-based company currently operates three AI data centres powered by its proprietary chips in France, Finland and Norway. It plans to expand its European infrastructure to 200 megawatts of computing capacity by next year, representing investments worth several billion dollars, Reuters reported, citing comments from Chief Executive Andrew Feldman at the Raise Summit AI conference in Paris.
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