OpenAI Agrees to Pay Over $20 Billion for Cerebras Chips Over Three Years, Receives Equity Stake

Gate News message, April 17 — OpenAI has reached an agreement with Cerebras to purchase over $20 billion worth of the company's AI chips over the next three years, according to reports. As part of the deal, OpenAI will receive an equity stake in Cerebras.

The partnership is expected to help OpenAI reduce its computational costs as it scales its AI infrastructure and services.

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