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Report: OpenAI to Spend Over USD20 Billion on Chips from Cerebras
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According to sources cited by The Information, OpenAI has agreed to spend more than USD20 billion over the next three years to purchase chips from Cerebras. The scale of this collaboration is twice the size of the previous agreement reached between the two parties. In January this year, OpenAI agreed to purchase up to 750 megawatts of computing capacity from Cerebras over three years, with the total transaction value exceeding USD10 billion.

Under the agreement, OpenAI will receive warrants to hold a minority stake in Cerebras. OpenAIs total investment in Cerebras over the next three years could reach USD30 billion, implying it may acquire up to a 10% stake in the company. Meanwhile, OpenAI has also agreed to provide approximately USD1 billion in funding to support the development of data centers operating AI products for Cerebras. (mn/j)

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This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.
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