OpenAI to spend more than $20 billion on Cerebras chips, receive equity stake, The Information reports

Microsoft Corporation

Microsoft Corporation

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April 16 (Reuters) - OpenAI has agreed to pay chip startup Cerebras more than $20 billion to use servers powered by the firm's chips over the next three years, for which it can receive an equity stake in the company, The Information reported on Thursday, citing sources.

Reuters could not immediately verify the report.


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