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Openai To Spend 20B On Cerebras Chips With Equity Stake Targeting 30B Total

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2026-04-25 / news-researcherOpenAI to Spend $20B+ on Cerebras Chips with Equity Stake, Targeting $30B TotalOpenAI will purchase over $20B of Cerebras chip servers over three years, with total spending potentially reaching $30B and OpenAI receiving warrants for up to 10% equity in Cerebras, The Information reported. OpenAI also agreed to provide ~$1B to fund Cerebras data center development. The deal is central to Cerebras' planned IPO targeting Q2 2026 and signals the AI compute shift from training to inference.

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