Press Release: Neural Magic : Cerebras and Neural Magic Unlock the Power of Sparse LLMs for Faster, More Power Efficient, Lower Cost AI Model Training and Deployment

SUNNYVALE, Calif. & CAMBRIDGE, Mass.--(BUSINESS WIRE)--Cerebras Systems, the pioneer in accelerating generative AI, and Neural Magic, a leader in high-performance enterprise inference servers, today announced the groundbreaking results of their collaboration for sparse training and deployment of large language models (LLMs). Achieving an unprecedented 70% parameter reduction with full accuracy recovery, training on Cerebras CS-3 systems and deploying on Neural Magic inference server solutions e