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Chip challengers try to break Nvidia’s grip on AI market

Companies such as Cerebras, d-Matrix and Groq are focusing on cheaper, more specialised products
Cerebras’s CS-3 chip, which is the size of a dinner plate, comes with memory built directly into the wafer

Nvidia’s rivals are mobilising in an effort to break the company’s stranglehold on the AI chip market, raising hundreds of millions of dollars and rolling out new products as they look to share the spoils of a boom in artificial intelligence technology.

Cerebras, d-Matrix and Groq are among a group of smaller companies aiming to take a slice of the multibillion-dollar AI chip market from Nvidia, which has so far dominated the first wave of investment with its graphics processing units, or GPUs.

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