"TechCrunch reached out to OpenAI and Cerebras for more information. Both companies said that the deal is about delivering faster outputs for OpenAI's customers. In a blog post, OpenAI said these systems would speed responses that currently require more time to process. Andrew Feldman, co-founder and CEO of Cerebras, said just as "broadband transformed the internet, real-time inference will transform AI.""
"The company claims its systems, built with its chips designed for AI use, are faster than GPU-based systems (such as Nvidia's offerings). Cerebras filed for an IPO in 2024 but, since then, has pushed it back a number of times. In the meantime, the company has continued to raise large amounts of money. On Tuesday, it was reported that the company was in talks to raise another billion dollars at a $22 billion valuation."
"It's also worth noting that OpenAI's CEO, Sam Altman, is already an investor in the company, and that OpenAI once considered acquiring it. "OpenAI's compute strategy is to build a resilient portfolio that matches the right systems to the right workloads," said Sachin Katti of OpenAI. "Cerebras adds a dedicated low-latency inference solution to our platform. That means faster responses, more natural interactions, and a stronger foundation to scale real-time AI to many more people.""
OpenAI reached a multi-year agreement with Cerebras for delivery of 750 megawatts of compute starting this year and continuing through 2028. Reuters reported the deal is worth over $10 billion. Both companies said the systems will deliver faster outputs and speed responses that currently require more processing time. Cerebras claims its AI-designed chips provide faster performance than GPU-based systems. Cerebras has delayed an IPO after filing in 2024 while continuing to raise funds and pursue additional financing at a reported $22 billion valuation. OpenAI has investor ties to Cerebras and adds the systems to support low-latency inference at scale.
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