This one is interesting because it highlights the chip company as the data center operator as well (just like Google TPU). It's also behind a paywall, but even the headlines are eye-opening.
OpenAI recently struck an unusual deal to lessen its dependence on Nvidia’s AI chips and potentially lower its computing expenses in the coming years.
OpenAI has agreed to pay Cerebras more than $20 billion to use servers powered by the firm’s chips over the next three years, double the figure that was previously associated with the deal, according to multiple people with knowledge of the deal.
As part of the agreement, OpenAI will receive warrants for a minority portion of Cerebras’ shares, and that ownership could increase as it spends more, according to two people with knowledge of the deal. OpenAI has also agreed to provide chip designer Cerebras with around $1 billion to fund the development of data centers that would run its AI products, according to three people with direct knowledge of the deal.
www.theinformation.com
OpenAI recently struck an unusual deal to lessen its dependence on Nvidia’s AI chips and potentially lower its computing expenses in the coming years.
OpenAI has agreed to pay Cerebras more than $20 billion to use servers powered by the firm’s chips over the next three years, double the figure that was previously associated with the deal, according to multiple people with knowledge of the deal.
As part of the agreement, OpenAI will receive warrants for a minority portion of Cerebras’ shares, and that ownership could increase as it spends more, according to two people with knowledge of the deal. OpenAI has also agreed to provide chip designer Cerebras with around $1 billion to fund the development of data centers that would run its AI products, according to three people with direct knowledge of the deal.
OpenAI to Spend More Than $20 Billion on Cerebras Chips, Receive Equity Stake
OpenAI recently struck an unusual deal to lessen its dependence on Nvidia’s AI chips and potentially lower its computing expenses in the coming years. OpenAI has agreed to pay Cerebras more than $20 billion to use servers powered by the firm’s chips over the next three years, double the figure ...
www.theinformation.com