Cerebras says it will invest billions in Europe

Cerebras, a US chip maker that competes with Nvidia, said July 9 it will invest “several billion dollars” in Europe to expand the computing capacity of its AI data centres.

Chief executive Andrew Feldman told AFP at a Paris artificial intelligence conference that the expansion was aimed at meeting growing demand from European customers.

The California company operates data centres in France, Finland and Norway. It said the three sites are due to be expanded to reach 200MW of computing capacity by 2027.