OpenAI announced a multi-year agreement with AI chipmaker Cerebras on Wednesday. Under the deal, Cerebras will deliver 750 megawatts of computing power to the AI giant starting this year and continuing through 2028. A source familiar with the details stated the agreement is worth over ten billion dollars.
Both companies emphasized that the partnership aims to deliver faster outputs for OpenAI’s customers. OpenAI stated these new systems will speed up responses that currently require more time to process. Andrew Feldman, co-founder and CEO of Cerebras, commented that just as broadband transformed the internet, real-time inference will transform AI.
Cerebras, founded over a decade ago, has seen its prominence grow significantly since the launch of ChatGPT and the subsequent AI boom. The company claims its systems, built with chips specifically designed for AI, are faster than traditional GPU-based systems like those from Nvidia.
While Cerebras filed for an IPO in 2024, it has since delayed the offering multiple times. During this period, the company has continued to raise substantial funding. Reports from Tuesday indicated Cerebras is in talks to raise an additional billion dollars at a twenty-two billion dollar valuation. It is also notable that OpenAI’s CEO, Sam Altman, is already an investor in Cerebras, and OpenAI once considered acquiring the chipmaker.
Sachin Katti of OpenAI explained the company’s compute strategy is to build a resilient portfolio that matches the right systems to the right workloads. He said Cerebras adds a dedicated low-latency inference solution to their platform, which means faster responses, more natural interactions, and a stronger foundation to scale real-time AI to many more people.