OpenAI to Spend More Than $20 Billion on Cerebras Chips, Receive Equity Stake

OpenAI committed over $20 billion to purchase Cerebras AI chips over three years, gaining minority equity warrants and providing $1 billion for datacenter development. The deal signals OpenAI's effort to reduce Nvidia dependence and cut future compute costs.

MentionsOpenAI · Cerebras · Nvidia

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