Systems, methods, and apparatuses relating to 8-bit floating-point matrix dot product instructions are described. A processor embodiment includes fetch circuitry to fetch an instruction having fields to specify an opcode and locations of a destination matrix having single-precision elements, a first source matrix, and a second source matrix, the source matrices having elements that each comprise a quadruple of 8-bit floating-point values, the opcode to indicate execution circuitry is to cause, for each element of the first source matrix and corresponding element of the second source matrix, a conversion of the 8-bit floating-point values to single-precision values, a multiplication of different pairs of converted single-precision values to generate plurality of results, and an accumulation of the results with previous contents of a corresponding element of the destination matrix, decode circuitry to decode the fetched instruction, and the execution circuitry to respond to the decoded instruction as specified by the opcode.