genai / news / / The Manila Times
OpenAI has agreed to pay chip startup Cerebras more than $20 billion over the next three years.
OpenAI has agreed to pay Cerebras over $20 billion for AI chip server use in three years.
KEY POINTS
- The new commitment is double the size of OpenAI's previously reported deal with Cerebras.
- OpenAI will receive warrants for a minority stake in Cerebras, potentially up to 10 percent.
- OpenAI has pledged $1 billion to help Cerebras develop new data centers for AI products.
- Cerebras' partnership with OpenAI is central to its plan to go public in Q2 this year.
COMPANIES
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