OpenAI will invest over $20 billion to purchase Cerebras chips and acquire equity in the company

According to The Information, OpenAI plans to invest over $20 billion in servers powered by Cerebras chips over the next three years. It is reported that as part of the agreement, OpenAI will also acquire equity in Cerebras.

Cerebras is known to be an American company specializing in AI chips and computing systems, primarily providing hardware and infrastructure for AI training and AI inference scenarios.