Sources: OpenAI agrees to pay Cerebras $20B+ to use its server chips, double the amount previously associated with the deal, and may receive equity in Cerebras (The Information)

Techmeme ·

OpenAI commits $20B+ to Cerebras for server chips, potentially receiving equity, signaling a major AI infrastructure supply chain shift.

Categories: Money & Moves

Excerpt

<a href="https://www.theinformation.com/articles/openai-spend-20-billion-cerebras-chips-receive-equity-stake"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260416/i58.jpg" vspace="4" /></a> <p><a href="http://www.techmeme.com/260416/p58#a260416p58" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="https://www.theinformation.com/">The Information</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.theinformation.com/articles/openai-spend-20-billion-cerebras-chips-receive-equity-stake">Sources: OpenAI agrees to pay Cerebras $20B+ to use its server chips, double the amount previously associated with the deal, and may receive equity in Cerebras</a></b></span>&nbsp; &mdash;&nbsp; OpenAI recently struck an unusual deal to lessen its dependence on Nvidia's AI chips and potentially lower its computing expenses in the coming years.</p>