OpenAI secures $10B deal with Cerebras for 750MW of AI computing power through 2028.

OpenAI has secured a $10 billion, multi-year deal to buy up to 750 megawatts of computing power from Cerebras, aiming to boost AI model training and response speeds for services like ChatGPT. The agreement, set to deliver capacity through 2028, marks a major infrastructure investment as OpenAI expands to meet surging demand. It also represents a strategic shift for Cerebras, diversifying beyond its primary client, UAE’s G42, and strengthening its position in the competitive AI hardware market.