What is the value of the OpenAI and Cerebras deal?

The deal between OpenAI and Cerebras is valued at over $10 billion.

How much computing power will Cerebras provide to OpenAI?

Cerebras will deliver 750 megawatts of computing power to OpenAI.

How does this deal impact Cerebras' reliance on G42?

This agreement significantly diversifies Cerebras' revenue, reducing its dependence on G42.

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.

OpenAI Secures $10B+ Compute Deal with Cerebras

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.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.