Blockchain Press Releases
Cerebras and G42 Unveil World’s Largest Supercomputer for AI Training with 4 exaFLOPs to Fuel a New Era of Innovation
Launching today with its first of nine interconnected AI supercomputers, the Condor Galaxy system will reach a combined AI training capacity of 36 exaFLOPs
SUNNYVALE, Calif., July 20, 2023 /PRNewswire/ — Cerebras Systems, the pioneer in accelerating generative AI, and G42, the UAE-based technology holding group, today announced Condor Galaxy, a network of nine interconnected supercomputers, offering a new approach to AI compute that promises to significantly reduce AI model training time. The first AI supercomputer on this network, Condor Galaxy 1 (CG-1), has 4 exaFLOPs and 54 million cores. Cerebras and G42 are planning to deploy two more such supercomputers, CG-2 and CG-3, in the U.S. in early 2024. With a planned capacity of 36 exaFLOPs in total, this unprecedented supercomputing network will revolutionize the advancement of AI globally.
“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. This partnership brings together Cerebras’ extraordinary compute capabilities, together with G42’s multi-industry AI expertise. G42 and Cerebras’ shared vision is that Condor Galaxy will be used to address society’s most pressing challenges across healthcare, energy, climate action and more,” said Talal Alkaissi, CEO of G42 Cloud, a subsidiary of G42.
Located in Santa Clara, California, CG-1 links 64 Cerebras CS-2 systems together into a single, easy-to-use AI supercomputer, with an AI training capacity of 4 exaFLOPs. Cerebras and G42 offer CG-1 as a cloud service, allowing customers to enjoy the performance of an AI supercomputer without having to manage or distribute models over physical systems.
CG-1 is the first time Cerebras has partnered not only to build a dedicated AI supercomputer but also to manage and operate it. CG-1 is designed to enable G42 and its cloud customers to train large, ground-breaking models quickly and easily, thereby accelerating innovation. The Cerebras-G42 strategic partnership has already advanced state-of-the-art AI models in Arabic bilingual chat, healthcare and climate studies.
“Delivering 4 exaFLOPs of AI compute at FP 16, CG-1 dramatically reduces AI training timelines while eliminating the pain of distributed compute,” said Andrew Feldman, CEO of Cerebras Systems. “Many cloud companies have announced massive GPU clusters that cost billions of dollars to build, but that are extremely difficult to use. Distributing a single model over thousands of tiny GPUs takes months of time from dozens of people with rare expertise. CG-1 eliminates this challenge. Setting up a generative AI model takes minutes, not months and can be done by a single person. CG-1 is the first of three 4 exaFLOP AI supercomputers to be deployed across the U.S. Over the next year, together with G42, we plan to expand this deployment and stand up a staggering 36 exaFLOPs of efficient, purpose-built AI compute.”
A leading AI and cloud computing company based in the UAE, G42 is driving large-scale digital transformation initiatives globally. The UAE was the first nation to appoint a Minister for AI in their federal government, followed by massive investments, including the establishment of G42 research partner, Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), the first post-graduate university in the world focused entirely on AI.
Training large models requires huge amounts of compute, vast datasets, and specialized AI expertise. The partnership between G42 and Cerebras delivers on all three of these elements. With the Condor Galaxy supercomputing network, the two companies are democratizing AI, enabling simple and easy access to the industry’s leading AI compute. G42’s work with diverse datasets across healthcare, energy and climate studies will enable users of the systems to train new cutting-edge foundational models. These models and derived applications are a powerful force for good. Finally, Cerebras and G42 bring together a team of hardware engineers, data engineers, AI scientists, and industry specialists to deliver a full-service AI offering to solve customers’ problems. This combination will produce ground-breaking results and turbo charge hundreds of AI projects globally.
About Condor Galaxy 1 (CG-1)
Optimized for Large Language Models and Generative AI, CG-1 delivers 4 exaFLOPs of 16 bit AI compute, with standard support for up to 600 billion parameter models and extendable configurations that support up to 100 trillion parameter models. With 54 million AI-optimized compute cores, 388 terabits per second of fabric bandwidth, and fed by 72,704 AMD EPYC processor cores, unlike any known GPU cluster, CG-1 delivers near-linear performance scaling from 1 to 64 CS-2 systems using simple data parallelism.
“AMD is committed to accelerating AI with cutting edge high-performance computing processors and adaptive computing products as well as through collaborations with innovative companies like Cerebras that share our vision of pervasive AI,” said Forrest Norrod, executive vice president and general manager, Data Center Solutions Business Group, AMD. “Driven by more than 70,000 AMD EPYC processor cores, Cerebras’ Condor Galaxy 1 will make accessible vast computational resources for researchers and enterprises as they push AI forward.”
CG-1 offers native support for training with long sequence lengths, up to 50,000 tokens out of the box, without any special software libraries. Programing CG-1 is done entirely without complex distributed programming languages, meaning even the largest models can be run without weeks or months spent distributing work over thousands of GPUs.
Located at Colovore, a high-performance colocation facility in Santa Clara, California, CG-1 is operated by Cerebras under U.S. laws, ensuring state of the art AI systems are not used by adversary states. Each Cerebras CS-2 system is designed, packaged, manufactured, tested, and integrated in the U.S.; Cerebras is the only AI hardware company to package processors and manufacture AI systems in the U.S.
CG-1 is the first of three 4 exaFLOP AI supercomputers (CG-1, CG-2, and CG-3), built and located in the U.S. by Cerebras and G42 in partnership. These three AI supercomputers will be interconnected in a 12 exaFLOP, 162 million core distributed AI supercomputer consisting of 192 Cerebras CS-2s and fed by more than 218,000 high performance AMD EPYC CPU cores. G42 and Cerebras plan to bring online six additional Condor Galaxy supercomputers in 2024, bringing the total compute power to 36 exaFLOPs.
Access to CG-1 is available now. For more information, please visit www.condorgalaxy.ai.
Condor Galaxy Brand Inspiration
The Condor Galaxy, also known as NGC 6872, stretches 522,000 light years from tip to tip, which is about 5 times larger than the Milky Way. The galaxy is visible in the southern skies as part of the Pavo constellation and is 212 million light-years from Earth.
About Cerebras Systems
Cerebras Systems is a team of pioneering computer architects, computer scientists, deep learning researchers, and engineers of all types. We have come together to build a new class of computer system, designed for the singular purpose of accelerating generative AI work. Our flagship product, the CS-2 system, powered by the world’s largest and fastest AI processor, makes training large models simple and easy, by avoiding the complexity of distributed computing. Cerebras solutions are available in the cloud, through the Cerebras AI Model Studio or on premises. For further information, visit https://www.cerebras.net.
About G42
G42 is a global leader in creating visionary artificial intelligence capabilities for a better tomorrow. Born in Abu Dhabi and operating around the world, G42 champions AI as a powerful force for good. Its people are constantly reimagining what technology can do, applying advanced thinking and innovation to accelerate progress and tackle society’s most pressing problems. G42 is joining forces with nations, corporations, and individuals to create the infrastructure for tomorrow’s world. From molecular biology to space exploration and everything in between, G42 realizes exponential possibilities, today. For further information, visit www.g42.ai.
Contact:
Giacomo Ziani
[email protected]
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Blockchain Press Releases
MEXC Announces Listing of Hyperlane (HYPER) with a 165,000 HYPER and 50,000 USDT Prize Pool
VICTORIA, Seychelles, April 21, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, announced the Hyperlane (HYPER) listing on April 22, 2025(UTC).To celebrate this significant addition to the exchange, MEXC is launching a special event with a prize pool of 165,000 HYPER and 50,000 USDT for new and existing users.
Hyperlane is the first permissionless, universal interoperability protocol dedicated to building a truly open and decentralized cross-chain communication infrastructure. As “The Open Interoperability Framework,” it enables anyone to freely expand, utilize, and customize the network, allowing developers to easily and securely build cross-chain applications and token bridges. To date, Hyperlane has connected over 140 blockchains, processed nearly 9 million cross-chain messages, and bridged more than $6 billion in volume through its Warp Routes.
$HYPER is the native token of the Hyperlane ecosystem, with an initial total supply of 1 billion tokens. It plays a critical role in securing the protocol through staking, rewarding validators for verifying cross-chain messages, incentivizing user-driven activity, and enabling community governance over protocol development.
To celebrate the listing, MEXC will launch an Airdrop+ event with substantial rewards for users:
Event Period: April 21, 2025, 10:00 – May 01, 2025, 10:00 (UTC)
Benefit 1: Deposit and share 120,000 HYPER (New user exclusive)
Benefit 2: Spot Challenge — Trade to share 15,000 HYPER (For all users)
Benefit 3: Futures Challenge — Trade to share 50,000 USDT in Futures bonus (For all users)
Benefit 4: Invite new users and share 30,000 HYPER (For all users)
MEXC has established itself as a leading exchange by consistently offering users early access to high-potential crypto assets. In 2024 alone, the platform listed 2,376 new tokens, including 1,716 initial listings. According to the latest TokenInsight report, MEXC led the industry with 461 spot listings between November 1, 2024, and February 15, 2025. During this period, the exchange maintained a high listing frequency, consistently ranking among the top six platforms, demonstrating its agility in capturing emerging market trends. MEXC will continue to expand its asset offerings and help users seize timely opportunities in the fast-moving crypto market.
For full event details and participation rules, please visit here.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
Risk Disclaimer:
The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.
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Blockchain Press Releases
Introducing Clementine Bridge: Citrea Deploys First Complete BitVM Bridge Design on Testnet
Citrea’s Clementine Bridge marks the first time that a fully programmable layer is tested for settling on Bitcoin.
GEORGE TOWN, Cayman Islands, April 21, 2025 /PRNewswire/ — Citrea, the first ZK rollup to enhance capabilities of Bitcoin blockspace and enable Bitcoin applications (₿apps), has successfully deployed its Clementine Bridge, the first complete BitVM bridge design on Bitcoin Testnet. Citrea has also recently revealed Clementine’s whitepaper, marking the first real-world implementation of a BitVM-based bridge which extends BTC’s utility to decentralized finance in the most Bitcoin-secured and native way possible. With Clementine’s testnet deployment, Bitcoin is for the first time tested for optimistically verifying a fully programmable layer. The Clementine whitepaper is currently the only documentation of how to use BitVM in a bridge design with clear solutions toward a secure and efficient bridge implementation.
Despite being the world’s largest digital asset, BTC has struggled to build relevance in decentralized finance. A secure bridge between Bitcoin and a secondary layer has always been a bottleneck for using BTC in a programmable environment. This problem has forced users to either keep Bitcoin as a passive store of value or rely on custodians for using BTC in financial activities. Citrea’s BitVM-based Bitcoin bridge Clementine solves this by enabling the safest and most trust-minimized way to bridge BTC and extend its utility to decentralized finance.
Citrea’s Clementine bridge marks a historic moment for Bitcoin and a new beginning for BTC’s utility. “It felt like magic when we saw all the bridge components work smoothly in our internal tests and that any malicious act is stopped by a single honest actor,” said Ekrem Bal, Co-Creator of Citrea. “We’re now ready to test Clementine in a real Bitcoin Testnet environment and make it more battle-tested for Citrea mainnet.”
With the introduction of BitVM by a Bitcoin developer Robin Linus, verifying computations on Bitcoin and building Bitcoin-secured bridges became a possibility. Very soon after its introduction, Citrea team became a core contributor of BitVM and later a founding member of BitVM alliance, where BitVM’s fundamental technology of executing a fraud proof of a zero-knowledge (ZK) proof on Bitcoin was developed collaboratively. Although accomplishing a ZK proof verification on Bitcoin was a prerequisite, there were still critical problems to address to implement this fundamental technology securely and efficiently into a Bitcoin bridge design. A detailed breakdown of this can be found in Clementine’s whitepaper.
Clementine’s design and whitepaper introduce novel solutions to two main research topics in BitVM-based bridge implementation, namely Bitcoin chain fork selection and capital efficiency of operators. These topics have been critical to solve as they ensure both the bridge’s security and efficiency. Citrea’s Clementine bridge offers clear solutions to both of these problems:
- Bitcoin Chain Fork Selection: This is related to ensuring that the bridge follows the longest Bitcoin chain. It has been an open research topic where the BitVM creator introduced superblocks approach but its security was later found to be broken. Citrea introduces a new Bitcoin Light Client design that uses succinct Header Chain Proofs of Bitcoin. These proofs are aggregated by operators into a single BitVM proof.
- Capital Efficiency of Operators: This has been another limitation of implementing BitVM efficiently into a bridge design. With Citrea’s approach to non-standard Bitcoin transactions, operators can now process hundreds of withdrawals in parallel with a single collateral. Disproving only one withdrawal is enough to stop other malicious withdrawal processes.
Clementine’s design relies on zero-knowledge proofs, Bitcoin data availability, a novel Bitcoin Light Client design and BitVM. In the case of a malicious act, an honest watchtower provides a proof of the longest Bitcoin chain. Then the operator generates a proof verifying Citrea’s state, watchtowers’ challenges and payout for the withdrawal. If the operator is malicious, it won’t be able to generate such proof, resulting in slashing the operator. Clementine has three main bridge actors to ensure the system’s integrity:
- Signers enforce BitVM spendings by managing peg-ins through presign transactions
- Watchtowers are tasked with monitoring operators and challenging any malicious behavior by sending a proof of longest Bitcoin chain
- Operators, a group of profit-seeking entities, temporarily cover users’ withdrawals and are later reimbursed with presigned transactions.
Citrea: Bitcoin’s Application (₿app) Layer
Citrea extends Bitcoin’s utility without sacrificing its security. With zero-knowledge technology, Citrea enables Bitcoin to function as a fully programmable layer. With its Bitcoin bridge Clementine, Citrea offers the safest and most trust-minimized way to bridge BTC to a fully programmable secondary layer.
For the first time in its history, Bitcoin Network will be able to support diverse on-chain applications and its utility will be extended to decentralized finance.
Apply to Citrea’s unique incubation program ‘Citrea Origins‘ to build ₿apps.
For more information, please visit: Citrea website | Citrea X Account
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PANAMA CITY, April 21, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, announces the listing of EPT, the native token for Balance.fun, for both spot trading and also on the BingX Xpool. The spot listing will commence on April 21 at 12:00 (UTC) while the Xpool launch will start on April 22 at 10:00 (UTC). BingX users can stake BTC and EPT in Xpool, though new users will have an additional option to stake USDT to win a bigger share of the reward pool that includes 2,000,000 EPT Points. The first 1000 new users who stake a minimum of 100 USDT will also be able to earn an additional bonus voucher worth 100 USDT.
EPT is the governance token of Balance, an AI-powered web3 experience infrastructure designed for the masses. This new digital asset will fuel the new Balance Platform to create an open and inclusive gaming ecosystem for both gamers and developers with fairness at its core. With the integration of AI and blockchain technology, games can be built and marketed more easily while allowing players to benefit from the enhanced and diversified gaming experience.
Users of the existing Epal platform can transfer their EPT tokens to BingX, enabling a reliable method to trade EPT or, alternatively, purchase EPT for governance purposes. Having a solid exchange to further explore the vast world of cryptocurrencies, this new listing further empowers both Epal and Balance users in the process.
Vivien Lin, Chief Product Officer of BingX, shared her thoughts on the new trading option and Xpool listing: “I think providing users with these new trading and early investment options is our responsibility as a responsible cryptocurrency exchange since some of our users rely on us to introduce such projects with such numerous functions across multiple subcategories”.
Visit bingx.com to join the Xpool starting April 22 and start trading EPT on spot from April 21. Whether you’re a gamer, builder, or crypto enthusiast, this is your chance to be part of a new decentralized chapter in entertainment.
About BingX
Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.
For more information, please visit: https://bingx.com/
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