Artificial intelligence startup Cerebras Systems announced a new version of its dinner-plate-sized chips on Wednesday, claiming the hardware will offer twice the performance for the same price as its predecessor. Santa Clara, California-based Cerebras' AI chips compete with the advanced hardware produced by Nvidia that help OpenAI develop the underlying software that powers apps such as ChatGPT. Instead of stitching together thousands of chips to build and run AI applications, Cerebras has bet that its roughly foot-wide chip can outperform Nvidia's clusters of chips.
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