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.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Cerebras Systems Files for U.S. IPO, Second Attempt at Going Public

Cerebras Systems filed for an IPO with U.S. regulators on April 17, 2023, representing its second attempt to go public as an AI chip manufacturer.

GateNews19m ago

DeepSeek Seeks $300M at $10B Valuation as OpenAI, Anthropic Valuations Spark Market Debate

DeepSeek seeks to raise $300 million at a $10 billion valuation, significantly lower than leading U.S. AI firms like OpenAI and Anthropic. Their R1 model's low training cost disrupted the market, leading to investor concerns about valuation disparities and revenue potential.

GateNews58m ago

Cerebras Files for IPO as OpenAI Deal Expands to Over $20B

Cerebras, an Nvidia-backed chipmaker, plans to file for an IPO on April 18, pivoting to provide cloud computing power after a lucrative partnership with OpenAI. The IPO comes amid significant investment in AI chip startups and rising valuations.

GateNews3h ago

World Expands Identity Verification Integrations with Zoom, DocuSign, Tinder and Others

World, a company co-founded by Sam Altman, announced new integrations with platforms like Zoom and Tinder, enhancing its World ID verification system. The upgraded protocol allows apps to use tiered identity checks, with 17.9 million users globally.

GateNews6h ago

NVIDIA announces the world’s first “Ising model” built for quantum AI

NVIDIA has released the open-source model “NVIDIA Ising,” designed specifically for quantum artificial intelligence, addressing the calibration and error-correction challenges of quantum processors. Using visual language technology, it reduces calibration time to a matter of hours and improves the speed and accuracy of error-correction decoding. The model has been integrated with multiple research institutions and is available for download, advancing the adoption of quantum computing in the market.

ChainNewsAbmedia8h ago

AI vending agent ‘Valerie’ runs San Francisco vending machine with OpenClaw

AI agent 'Valerie' now runs a San Francisco vending machine on OpenClaw, testing how far people will trust code with pricing, marketing and real‑world cash. Summary AI agent "Valerie" runs a physical vending machine in San Francisco using the OpenClaw framework, setting prices, naming

Cryptonews8h ago
Comment
0/400
No comments