OpenAI has announced a significant deal to acquire up to 750 megawatts of computing power from Cerebras over the next three years, totaling over $10 billion. As the developer of ChatGPT, OpenAI aims to leverage Cerebras’ advanced wafer-scale engine technology to enhance the performance of its AI systems amid increasing demand in the competitive AI landscape. The collaboration signals a strong industry push towards computing power essential for innovation in artificial intelligence. OpenAI’s capacity will roll out in phases through 2028, helping Cerebras expand its revenue streams beyond its primary investor, G42. With plans for an IPO potentially valuing OpenAI at $1 trillion and a commitment to invest $1.4 trillion in computing resources, concerns have arisen regarding the sustainability of this rapid growth similar to the late 1990s dotcom boom. This strategic partnership highlights the ongoing race to develop advanced AI technologies and solutions.
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