OpenAI agrees to spend more than $20 billion with Cerebras and take an equity stake
The three-year Cerebras deal would give OpenAI warrants that can grow with its spend and include about $1 billion to help fund the data centers running the systems.
From the sources (5 posts)
@wallstengineOpenAI will spend more than $20B on Cerebras chips and servers over the next 3 years, receive warrants for a minority stake, and provide around $1B to help fund data centers, according to The Information.
@unusual_whalesOpenAI to spend more than $20 billion on Cerebras chips, per the information
@theinformationExclusive: OpenAI has agreed to spend more than $20 billion with Cerebras and will also get an equity stake in the Nvidia rival. Read more:
@jessicalessinRT @anissagardizy8: 🎙️BREAKING: The Information reports new details on OpenAI’s multibillion-dollar compute deal with Cerebras. • $20B+ c…
@steph_palazzoloRT @anissagardizy8: SCOOP: OpenAI agreed to pay Cerebras more than $20 billion to use the firms chips over the next three years—in exchange…