OpenAI signs deal, worth $10 billion, for compute from Cerebras

In Brief

OpenAI announced Wednesday that it had reached a multi-year statement with AI chipmaker Cerebras. The chipmaker volition present 750 megawatts of compute to the AI elephantine starting this twelvemonth and continuing done the twelvemonth 2028, Cerebras said.

The woody is worthy implicit $10 billion, a root acquainted with the details told TechCrunch. Reuters besides reported the woody size.

Both companies said that the woody is astir delivering faster outputs for OpenAI’s customers. In a blog post, OpenAI said these systems would velocity responses that presently necessitate much clip to process. Andrew Feldman, co-founder and CEO of Cerebras, said conscionable arsenic “broadband transformed the internet, real-time inference volition alteration AI.”

Cerebras has been astir for over a decade but its prima has risen importantly since the motorboat of ChatGPT successful 2022 and the AI roar that followed. The institution claims its systems, built with its chips designed for AI use, are faster than GPU-based systems (such arsenic Nvidia’s offerings).

Cerebras filed for an IPO successful 2024 but, since then, has pushed it backmost a fig of times. In the meantime, the institution has continued to raise ample amounts of money. On Tuesday, it was reported that the institution was successful talks to rise different cardinal dollars astatine a $22 cardinal valuation. It’s besides worthy noting that OpenAI’s CEO, Sam Altman, is already an capitalist successful the company, and that OpenAI once considered acquiring it.

“OpenAI’s compute strategy is to physique a resilient portfolio that matches the close systems to the close workloads,” said Sachin Katti of OpenAI. “Cerebras adds a dedicated low-latency inference solution to our platform. That means faster responses, much earthy interactions, and a stronger instauration to standard real-time AI to galore much people.”

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