CNBC January 14, 2026
Key Points
– Cerebras plans to deliver up to 750 megawatts of computing power to OpenAI through 2028 in a deal worth over $10 billion.
– The deal will help diversify Cerebras away from the United Arab Emirates’ G42, which accounted for 87% of revenue in the first half of 2024.
– The company withdrew paperwork for an initial public offering in October, but CEO Andrew Feldman said Cerebras plans to refile.
AI chipmaker Cerebras has signed a deal with OpenAI to deliver 750 megawatts of computing power through 2028, according to a blog post Wednesday by the maker of ChatGPT.
The arrangement is worth over $10 billion, according to people close to the company.
The deal will help diversify...
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