US chip maker Cerebras, a US rival of Nvidia, told AFP on Thursday it will invest "several billion dollars" in Europe to boost the computing capacity of its AI data centers on the continent. "This is a massive expansion" to meet the "rapidly growing" needs of European customers, chief executive Andrew Feldman told AFP in an interview on the sidelines of a Paris artificial intelligence conference. The Californian company operates three data centers in France, Finland and Norway, which are to be expanded to reach 200MW of computing capacity by 2027.
