Cerebras (CBRS.US) plans to invest billions of dollars to establish a computing power center in Europe, challenging NVIDIA's dominance and accelerating global competition.

According to the financial news app, Cerebras Systems (CBRS.US), a company specializing in artificial intelligence infrastructure, is significantly expanding its business in Europe and plans to launch its first regional data center in the region by the end of 2026. According to reports citing the company's statement, Cerebras plans to invest billions of dollars in Europe as part of this expansion plan.