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

ReferIndia News

Need a website for your NGO?

Build trust and reach more donors—FreeNGO creates powerful websites tailored for your cause.

Contact Now
News Image

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.

Checkout more news
Ad Banner

Planning a trip to Singapore?

Let's make it a seamless journey, bhai — full of fun, food, and unforgettable vibes! 🌟✈️

Contact Now
ReferIndia News contact