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Flex and Cerebras Expand Partnership to Scale American Manufacturing of Cerebras AI Supercomputers

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New manufacturing lines in Milpitas, California will support an anticipated 7x increase in production of Cerebras CS-3 systems as demand for high-performance AI infrastructure accelerates.

SUNNYVALE, Calif. and MILPITAS, Calif., July 9, 2026 /PRNewswire/ — Flex and Cerebras Systems Inc. today announced an expanded manufacturing partnership to scale production of the Cerebras CS-3, one of the world’s most advanced AI accelerator systems, at Flex manufacturing facilities in Milpitas, California. As demand for AI infrastructure accelerates, the collaboration reflects a significant expansion of advanced manufacturing capacity in the United States.

The expanded operation is expected to increase CS-3 production capacity by approximately 7x through 2026, supported by new production lines, expanded floor space, advanced test infrastructure, and additional skilled manufacturing talent based in California.

At a time when electronics manufacturing is often associated with overseas supply chains, this partnership demonstrates that some of the world’s most sophisticated AI systems are being designed, assembled, integrated, and tested in the heart of Silicon Valley.

“The CS-3 is unlike any computer system ever built, and scaling its production requires an extraordinary manufacturing partner. Flex brings the technical depth, operational rigor, and manufacturing expertise needed to support that scale,” said Dhiraj Mallick, COO of Cerebras. “People often think the entire AI manufacturing and packaging supply chain lives overseas, but everyday across the U.S., teams of American engineers and technicians are building state-of-the-art AI systems that power frontier AI workloads around the world.”

The CS-3 is built on Cerebras’ industry-leading wafer-scale engine architecture, featuring a processor physically larger than any conventional AI chip. The system integrates advanced liquid cooling, high-density power delivery, precision mechanical assembly, and tightly coordinated networking infrastructure into a platform designed for large-scale AI training and inference.

Manufacturing the CS-3 presents challenges rarely encountered in traditional server production. Each system requires specialized handling processes, custom tooling, precision calibration, and extensive system-level validation. Flex engineers worked closely with Cerebras to develop dedicated assembly flows, automated test stations, and new manufacturing methodologies tailored specifically to wafer-scale computing systems.

“The CS-3 does not resemble a conventional server or rack-scale compute platform,” said Rob Campbell, President of Communication, Enterprise and Cloud at Flex. “Every stage of the manufacturing process—from mechanical integration to thermal validation and final system qualification—required deep collaboration between our engineering teams. We thank Cerebras for their partnership in demonstrating what American advanced manufacturing can achieve when two highly technical organizations work side by side.”

To support the ramp, Flex is expanding dedicated manufacturing operations for Cerebras in Milpitas, with multiple new assembly and integration lines coming online through 2026. The footprint devoted to CS-3 manufacturing is expected to grow substantially this year as production accelerates to meet customer demand from AI model developers, cloud providers, and enterprise customers.

The expansion is also contributing to growth in high-skilled manufacturing roles across the region, including manufacturing, systems integration, quality, supply chain, and testing.

Inside the Milpitas facility, production operations span precision mechanical assembly, high-power electrical integration, liquid cooling installation, optical networking validation, and full-rack system qualification. To support growing demand, the site has expanded into a high-throughput manufacturing environment with parallel integration lines, enhanced burn-in and validation areas, additional automated test infrastructure, and increased warehouse and logistics capacity for critical components and finished systems. Tooling and fixtures will enable multiple CS-3 systems to move through integration and testing simultaneously, which is expected to significantly increase throughput while maintaining the rigorous quality and reliability standards required for large-scale AI deployments.

To learn more, please visit cerebras.ai/flex.

About Flex

Flex (Reg. No. 199002645H) is the manufacturing partner of choice that helps leading brands design, build, and manage products that improve the world. With a global footprint spanning 30 countries, Flex delivers advanced manufacturing and supply chain solutions, innovative products and technology, and lifecycle services that support customers from concept to scale. In the AI era, Flex is helping customers accelerate data center deployment by solving power, heat, and scale challenges through cutting-edge power and cooling technology and scalable IT infrastructure solutions. For information about Flex’s intent to spin off its Cloud and Power Infrastructure portfolio, visit: https://flex.com/transaction-resources

About Cerebras Systems

Cerebras Systems (NASDAQ: CBRS) is building the fastest AI infrastructure in the world. Cerebras is a team of pioneering computer architects, computer scientists, AI researchers, and engineers of all types that have come together to make AI blisteringly fast through innovation and invention. Cerebras believes that when AI is fast, it will change the world. Cerebras’ flagship technology, the Wafer-Scale Engine 3 (WSE-3) is the world’s largest and fastest commercialized AI processor. Fifty-eight times larger than a leading GPU chip, the WSE-3 uses a fraction of the power per unit compute while delivering inference up to 15 times faster than leading GPU-based solutions as benchmarked on leading open-source models. Leading corporations, research institutes, and governments on four continents chose Cerebras to run their AI workloads. Cerebras solutions are available on premises and in the cloud.

Contacts

Flex Media & Press 
Christie Haber 
Senior Director, Commercial Marketing 
(602) 245-1057 
press@flex.com

Flex Investors & Analysts
Michelle Simmons
Senior Vice President, Global Investor Relations and Public Relations
(669) 242-6332
Michelle.Simmons@flex.com

Cerebras
pr@cerebras.ai

Forward-Looking Statements

This press release contains forward-looking statements, including but not limited to: the anticipated 7x increase in production of CS-3 systems, multiple new assembly and integration lines coming online through 2026, the expected substantial growth this year in the footprint devoted to CS-3 manufacturing, and the expected significant increase in throughput of CS-3 systems while maintaining quality and reliability. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as “anticipate”, “estimate”, “expect”, “project”, “plan”, “intend”, “target”, “aim”, “believe”, “may”, “will”, “should”, “becoming”, “look forward”, “could”, “can,” “can have”, “likely” and other words and terms of similar meaning. Forward-looking statements give our current expectations and projections relating to the information in this press release. Neither Cerebras, Flex, nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. The forward-looking statements included in this press release relate only to events and information as of the date hereof. Neither Cerebras nor Flex undertakes any obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law. All forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those that we expected. 

 

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SOURCE Flex

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RecordPoint launches global partner program as AI adoption drives surge in data governance demand

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New channel-first strategy gives resellers, consultancies and systems integrators a route into the fastest-growing budget line in regulated IT

SEATTLE, July 10, 2026 /PRNewswire/ — RecordPoint, the global data and AI governance platform, today announced the launch of its Global Partner Program, a formal channel program enabling partners to resell, co-sell and refer RecordPoint’s technology to their customers.

The launch marks a strategic shift to a channel-first business model for RecordPoint, designed to help partners capitalise on rapidly growing demand for data and AI governance as organisations scale AI adoption.

“Every regulated organisation deploying AI right now is discovering the same thing: you cannot govern AI without first governing your data,” RecordPoint CEO Anthony Woodward said.

“Data governance and AI governance have converged into a single conversation in every boardroom. AI is only as trustworthy as the data underneath it, and that realisation has turned data governance from a compliance line item into one of the fastest-growing budget priorities in enterprise IT.”

The program offers two tracks. A reseller track spans four tiers — Aggregator, Certified, Select and Premier — with the entry-level Aggregator tier carrying no revenue requirement and handling software procurement and fulfilment, while higher tiers unlock greater margins in line with increasing revenue commitments. A parallel referral and co-sell track allows partners to work alongside RecordPoint’s own sales teams. All partners complete technical and sales certifications before transacting, ensuring customers receive consistent expertise across the ecosystem.

RecordPoint positions itself as complementary to, not competitive with, its partners’ services businesses: the platform is RecordPoint’s, while configuration, file plans and the client relationship remain the partner’s to own.

The program will be led by Christian Lucarelli, VP Global Partner Sales & Strategy, who joined RecordPoint in January from process intelligence and automation vendor Nintex, where he spent nearly a decade in senior leadership roles, most recently heading the company’s global partner program.

“We’ve built this program so partners can monetise the data and AI governance opportunity from day one,” Lucarelli said. “Certified enablement, deal registration, joint marketing and a customer book of named logos partners can lead with — the infrastructure is all there.”

To support the program, RecordPoint is launching a new partner portal alongside dedicated enablement tracks covering sales, commercial, technical and delivery skills. The company has also committed partner marketing funds and co-branding resources, with deal registration and access to Microsoft’s co-sell motion available to participating partners.

Woodward said the move reflects how buying behaviour has changed. “Organizations don’t want to buy point software anymore. They want a partner who can advise on their entire data and AI strategy. RecordPoint provides the technology layer, and our partners bring the consulting, frameworks and implementation services that wrap around it. Together, that’s the complete offering regulated organizations are asking for.”

“We’ve reached the scale where the channel is the right lever to accelerate growth,” Woodward added. “Our partners get a platform purpose-built for the conversation their customers are already having, backed by fifteen years of authority running the data lifecycle inside the world’s most regulated organizations.”

The program serves organizations globally including national and regional systems integrators, specialist data and information governance consultancies, managed service providers, Microsoft 365 and cloud advisory firms, and Big 4 advisory practices.

Learn more and register for RecordPoint’s Partner Program launch and first Quarterly Partner Update on 23 July:

RecordPoint Quarterly Partner Update – July 2026 (APAC) Webinar

RecordPoint Quarterly Partner Update – July 2026 (NA) Webinar

You can also apply for the program at recordpoint.com/partner.

About RecordPoint

Founded in 2009 and headquartered in Sydney, RecordPoint is a global data-trust platform that enables organizations to discover, govern and control their information across systems, clouds and repositories. The platform provides AI-driven classification, regulatory compliance, lifecycle management and defensible disposal at enterprise scale. RecordPoint serves leading financial services institutions, government agencies and regulated industries worldwide.

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SOURCE RecordPoint

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WYF Launches Global AI Talent Compact at AI for Good Global Summit 2026

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GENEVA, July 10, 2026 /PRNewswire/ — World Youth Forum (WYF), an international nonprofit advancing challenge-based learning and youth development across more than 30 countries, today launched the Global AI Talent Compact at the AI for Good Global Summit 2026 in Geneva, where WYF served as an official session partner.

The summit, organized by the International Telecommunication Union (ITU) in partnership with more than 50 UN agencies and co-convened with the Government of Switzerland, is the United Nations’ leading platform on artificial intelligence.

The Compact establishes an open global action network built on five commitments: expanding access to AI literacy; defining the human capabilities that matter most in the AI era; scaling real-world, challenge- and project-based learning; safeguarding youth well-being; and recognizing ability through evidence of real work, not credentials alone.

“AI is changing not only how young people learn and create, but how talent is identified and recognized,” said Houston Hou, Global Executive Convener of WYF. “Young people need pathways through which real ability can be seen, trusted and connected. The Compact is an open invitation to build those pathways together.”

The launch convened leaders from across the UN system, academia and youth innovation, including Fabrizio Hochschild, former UN Under-Secretary-General; Frédéric Werner, Head of Strategic Engagement, AI for Good, ITU; and Ben Nelson, Chairman and CEO of Minerva Project. Alongside speakers from AI Singapore (AISG), the ASEAN Foundation, the International Trade Centre (ITC), the United Nations Research Institute for Social Development (UNRISD), the United Nations University (UNU), and student AI communities including the Imperial AI Group, the Oxford Guild, the University of Toronto Machine Intelligence Student Team (UTMIST) and the Global AI Alliance at Penn. The Global SDGs and Leadership Development Center served as supporting partner of the session.

Following the launch, WYF will convene founding supporters worldwide — universities, student AI societies, education and innovation organizations, and industry partners — to advance year-round, challenge-based AI learning, new forms of talent recognition, and pathways connecting young talent with real-world opportunities.

About World Youth Forum

WYF is an international nonprofit youth development platform. Through educational programmes, competitions, international conferences and youth-led initiatives, WYF engages more than 500,000 young people annually across more than 30 countries.

 

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SOURCE World Youth Forum (WYF)

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UK mid-market growth masks stagnation, reveals Price Bailey

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LONDON, July 10, 2026 /PRNewswire/ — Price Bailey’s Mid-Market index shows revenue growth barely keeping pace with inflation as profits come under pressure.

UK mid–market companies are delivering headline revenue growth, but for most businesses this is barely outpacing inflation and is failing to translate into stronger profits, according to new research by Price Bailey, the leading accountancy firm. 

The Price Bailey Mid–Market Index 2026, which analysed 12,625 UK businesses with revenues between £10m and £250m across 16 sectors, found that average revenue growth continues to be driven by a small number of high–performing outliers rather than broader growth. 

While mean compound annual revenue growth stands at 12%, the median business is growing at just 6%, only slightly ahead of average inflation of 5.3% over the period. This gap highlights the pressure facing mid–market companies operating in a challenging economic environment. 

The research goes on to show that revenue growth across UK regions remains modest for the typical business, with median growth only marginally above inflation in most areas. London displays the widest gap between top–performing companies and the median. 

Sector analysis suggests that the strongest performers are businesses with the ability to protect or increase prices, those sectors with limited pricing flexibility are more likely to see growth eroded by inflationary pressures. 

According to the data, revenue growth is not feeding through into profit growth. EBITDA and profit after tax for mid–sized companies have failed to keep pace with rising revenues in recent years, meaning many businesses are working harder simply to stand still. This trend has implications for shareholders and business owners, as higher turnover does not necessarily equate to improved returns. 

Commenting on the findings, Chand Chudasama, member of the Board and Partner in the Strategy and Corporate Finance team at Price Bailey says: “The headline figures suggest growth, but when you look beneath the surface a different picture emerges. For many mid–market businesses, revenue increases are being absorbed by inflation and cost pressures, while profits remain stubbornly flat. The real differentiator now, is pricing power.” 

More data is available on in the Price Bailey Mid-Market Index, on the Price Bailey website.

 

View original content:https://www.prnewswire.co.uk/news-releases/uk-midmarket-growth-masks-stagnation-reveals-price-bailey-302822895.html

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