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Nvidia's moat will be tested by a potential AI chip IPO [Business Insider]
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Cerebras is reportedly headed toward IPO at the end of this year. How wide is Nvidia 's moat? This is the $3 trillion question on the minds of investors these days. At least part of the answer could come in the form of an IPO later this year. Cerebras Systems, a startup trying to challenge Nvidia on the AI chip battlefield, is reportedly headed for an IPO toward the end of 2024. Lior Susan, founder and managing partner of Eclipse Ventures, first backed Cerebras in 2015 when the company had five presentation slides and a theoretical plan for a new computer architecture. Eight years later, the startup offers special, large chips with huge amounts of memory that are suited to generative AI workloads such as model training and inference. These go up against Nvidia chips, including B100s and H100s. CUDA = annoying But the most "annoying" thing about competing against Nvidia is CUDA , according to Susan. CUDA is a software layer built by Nvidia to help developers wrangle and
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