In a major push to scale its AI capabilities, OpenAI has agreed to pay more than $20 billion to Cerebras over the next 3 years for access to servers powered by its chips, according to a report published on Thursday.
The deal may also give OpenAI an equity stake in Cerebras, as the company looks to strengthen its position in the competitive AI race and meet rising demand for computing power.
Earlier in January, OpenAI had already signed an agreement to purchase up to 750 megawatts of computing capacity from Cerebras over 3 years, in a deal valued at more than $10 billion. The newly reported commitments go beyond that earlier agreement.
The report could not be independently verified. OpenAI did not respond to requests for comment outside regular business hours, while Cerebras declined to comment.
The agreement highlights the growing need for high-performance computing in the AI industry, especially for inference, the process through which AI models generate responses. Companies are increasingly investing in such infrastructure to build advanced reasoning models and expand AI adoption.
Sunnyvale, California-based Cerebras may disclose parts of this previously undisclosed arrangement with OpenAI as early as Friday, the report said.
As part of the deal, OpenAI will receive warrants for a minority stake in Cerebras. Its ownership could increase as spending rises. The report also noted that OpenAI has agreed to provide around $1 billion to support the development of data centers that will run its AI products.
Overall, OpenAI’s total spending under this partnership could reach $30 billion over the next 3 years, potentially translating into warrants representing up to 10% of Cerebras.
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