ReferIndia News OpenAI to spend more than $20 billion on Cerebras chips, receive equity stake: Report

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OpenAI to spend more than $20 billion on Cerebras chips, receive equity stake: Report

Published on: April 17, 2026, 8:13 a.m. | Source: The Hindu Business Line

OpenAI has agreed to pay chip startup Cerebras ​more than $20 billion over the next three ‌years to use servers powered by the company’s ​chips, under a deal that could ⁠also give the ChatGPT maker an equity stake in the firm, The Information reported on Thursday, citing ‌sources.

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