Connect with us

News

UAE-Based G42 Partners On World’s Fastest AI Supercomputer

The machine, named Condor Galaxy, has been built to assist with generative AI projects and is over 20 times faster than its predecessor.

Published

on

uae-based g42 partners on world's fastest ai supercomputer
G42

Condor Galaxy, the world’s “fastest AI training supercomputer”, has been built with assistance from G42, a UAE-based technology holding group. The machine is actually a network of nine interconnected AI supercomputers developed by US-based AI company Cerebras Systems.

Located in Santa Clara, California, the massive machine boasts 4 exaFLOPs of power and a staggering 54 million cores that will significantly reduce AI processing times.

G42 will use Condor Galaxy to train AI models across a variety of data sets and has already created and tested Arabic bilingual chat, healthcare, and climate study applications.

“Collaborating with Cerebras to rapidly deliver the world’s fastest AI training supercomputer and laying the foundation for interconnecting a constellation of these supercomputers across the world has been enormously exciting,” said Talal Alkaissi, CEO of G42 Cloud. “The partnership brings together Cerebras’ extraordinary compute capabilities, together with G42’s multi-industry AI expertise,” he added.

talal alkaissi ceo of g42 with andrew feldman ceo of cerebras systems

Training the latest AI models requires enormous computing power and specialized programming skills. ChatGPT, for example, relies on 175 billion parameters and uses 10,000 Nvidia GPUs to train its AI algorithms.

Condor Galaxy brings genuine innovation to these kinds of processes, as all computing is performed entirely without complex distributed programming languages. This means that large projects no longer require weeks or even months spent distributing work over thousands of GPUs.

Also Read: Best Web Hosting Providers In The Middle East

“Many cloud companies have announced massive GPU clusters that cost billions of dollars to build but are extremely difficult to use. Distributing a single model over thousands of tiny GPUs takes months from dozens of people with rare expertise,” noted Andrew Feldman, CEO of Cerebras Systems. “CG-1 eliminates this challenge. Setting up a generative AI model takes minutes, not months, and can be done by a single person” he added.

The G42 and Cerebras partnership marks another step toward the democratization of AI. The combination of massive computing power and unique AI data sets should produce groundbreaking results and turbocharge hundreds of AI projects around the world.

Advertisement

📢 Get Exclusive Monthly Articles, Updates & Tech Tips Right In Your Inbox!

JOIN 17K+ SUBSCRIBERS

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Mamo Completes $3.4M Funding Round To Enhance Fintech Services

The startup will use the influx of cash to expand into Saudi Arabia and across the wider GCC while improving its product offering.

Published

on

mamo completes $3.4 million funding round to enhance fintech services
Mamo

UAE-based fintech Mamo has announced the completion of a $3.4 million funding round that will help the startup extend its market presence and improve its product offering. Investors included 4DX Ventures, the Dubai Future District Fund and Cyfr Capital.

Mamo’s platform offers “payment collection, corporate cards and expense management” to help small and medium-sized businesses consolidate and streamline their operations. With the latest influx of capital, Mamo will further develop its comprehensive suite of services and begin testing its product lines in Saudi Arabia, further extending its footprint across the GCC.

Imad Gharazeddine, co-founder and CEO of Mamo, stated: “We’ve been in the market for a while now and are incredibly proud of what our team has achieved. The holistic and expansive nature of our product offering has helped us continue to grow sustainably. This additional funding will allow us to reach our medium-term goals even faster. The support from new and existing investors is a testament to our strong expertise and the ability to deliver on our customer promise”.

Daniel Marlo, General Partner of lead investor 4DX Ventures, added: “We have immense trust in Imad’s vision, leadership and Mamo’s innovative approach to provide a user-friendly and comprehensive financial solution for SMEs that makes financial management more accessible and efficient. We are proud to partner with them and support their mission”.

Also Read: A Guide To Digital Payment Methods In The Middle East

Amer Fatayer, Managing Director of Dubai Future District Fund’s investment team, also commented: “Mamo’s localized product lines serve as an infrastructure for SME payments and spend management in UAE, a segment that is underserved by the country’s current banking infrastructure. The team has taken a product-first approach to consolidating SMEs’ financial journeys and building a fintech solution deeply embedded in a business’s core operations”.

To date, Mamo has raised around $13 million in investment funding and now boasts a team of 30 people. The company’s intuitive financial services platform has allowed over 1,000 businesses to consolidate their financial operations and significantly reduce payment fees.

Continue Reading

#Trending