Saturday, 18 April, 2026
OpenAI to Invest $20 Billion in Cerebras Chips and Acquire Equity Stake
By Isha
OpenAI has committed over $20 billion to procure high-performance chips from Cerebras Systems, marking a significant move to diversify its hardware supply chain. As part of the landmark agreement, OpenAI will also receive an equity stake in the semiconductor firm. This strategic investment aims to reduce reliance on Nvidia while securing the massive computational power required to develop and scale next-generation artificial intelligence models.
Read full story at Economic Times