Home / Technology / OpenAI Secures $10B+ Compute Deal with Cerebras
OpenAI Secures $10B+ Compute Deal with Cerebras
15 Jan
Summary
- OpenAI inked a deal worth over $10 billion with Cerebras.
- Cerebras will provide 750 megawatts of computing power by 2028.
- The agreement diversifies Cerebras' revenue streams significantly.
AI chipmaker Cerebras announced a substantial agreement with OpenAI, securing over $10 billion to provide 750 megawatts of computing power by 2028. This deal is critical for Cerebras, significantly diversifying its revenue beyond its primary customer, G42, which previously accounted for 87% of its earnings in early 2024.
This arrangement allows OpenAI to enhance its AI capabilities with Cerebras' dedicated low-latency inference solutions. According to OpenAI's Sachin Katti, this translates to quicker responses and a stronger foundation for scaling real-time AI applications to a broader audience. The collaboration follows prior work ensuring OpenAI's open-weight models performed seamlessly on Cerebras hardware.
Cerebras, which has previously filed for an IPO in September 2024 and later withdrew it, is positioned as a direct competitor to Nvidia. The company's customer list includes prominent names like IBM and Nasdaq, underscoring its growing influence in the AI infrastructure sector.
