One of AI chipmaker Cerebras Systems new notable wins is a massive multi-year deal announced last week with AI heavyweight OpenAI. AI chipmaker Cerebras has just landed a deal over $10 billion. Beginning this year and running through 2028, they will deliver OpenAI an astounding 750 megawatts of compute power. This partnership will help to make high-speed inference the standard for mainstream artificial intelligence applications. It represents an exciting achievement for both companies on their respective missions.
Founded over a decade ago, Cerebras has seen its prominence in the tech industry rise dramatically since the launch of ChatGPT in 2022, which fueled the ongoing AI boom. Under the leadership of co-founder and CEO Andrew Feldman, the company has positioned itself as a leader in advanced computing solutions. Feldman underscored the transformative power of this collaboration by proclaiming, “just as broadband transformed the internet, so too will real-time inference transform AI.”
Read more about the terms of the deal between Cerebras and OpenAI as covered by TechCrunch. This partnership underscores its need more than ever in the rapidly evolving AI environment. OpenAI’s CEO, Sam Altman, heads up a company that’s helped catalyze an extraordinary leap in AI innovation. Sachin Katti from OpenAI helps unpack the strategic implications of their collaboration. Chung noted that OpenAI’s underlying compute strategy is centered around having a resilient portfolio to match the right systems to the right workloads.
Venture-backed Cerebras is already in talks to raise another billion dollars at a post-money valuation of $22 billion, according to CNBC. This financial support would fuel its continuing work to build AI talent and infrastructure around the country. The company’s growth trajectory aligns with the increasing demand for robust computing resources as AI technologies become more integrated into various sectors.
The collaboration between Cerebras and OpenAI is an important step in increasing real-time inference capacity. We expect this partnership to play an important role in making AI systems perform better and more efficiently. Together, the two companies are innovating to expand the possibilities of what technology can do. They seek to broaden the horizons of what’s possible in this exciting frontier of artificial intelligence.