OpenAI has officially partnered with Cerebras, a leading AI chip manufacturer, in a significant multi-year agreement worth $10 billion. This collaboration entails the provision of 750 megawatts of computing power to OpenAI, commencing this year and set to continue through 2028.
The primary aim of this partnership is to enhance the speed and efficiency of responses for OpenAI’s customers. The company highlighted in a recent blog post that the advanced systems provided by Cerebras will expedite processes that currently require extensive time for computation. Andrew Feldman, CEO and co-founder of Cerebras, noted that the development of real-time inference technology is poised to revolutionize AI in much the same way that broadband transformed internet connectivity.
Established over a decade ago, Cerebras has gained prominence, particularly following the explosive growth of AI applications after the launch of ChatGPT in 2022. The company asserts that its proprietary chip technology outperforms traditional GPU systems, including those developed by Nvidia, in terms of speed and efficiency.
While Cerebras initially planned to go public in 2024, it has postponed its IPO several times. Nonetheless, the company has successfully secured substantial funding, currently negotiating to raise an additional billion dollars at a valuation of approximately $22 billion. It’s noteworthy that Sam Altman, CEO of OpenAI, is an existing investor in Cerebras, which OpenAI previously contemplated acquiring.
“OpenAI’s computation strategy is designed to create a resilient portfolio that aligns the most suitable systems with specific workloads,” stated Sachin Katti of OpenAI. “Collaborating with Cerebras introduces a dedicated low-latency inference solution onto our platform, resulting in more immediate responses and facilitating smoother interactions, ultimately enhancing our capability to scale real-time AI for a wider audience.”
Key Highlights:
– OpenAI’s $10 billion deal with Cerebras for enhanced computing power
– 750 megawatts of compute power supplied until 2028
– Focus on delivering faster AI response times
– Cerebras’ technology claimed to outperform traditional GPU solutions
– Ongoing efforts for funding and potential IPO delays
