OpenAI has entered into a multi-year agreement with Cerebras, an AI chipmaker, to secure 750 megawatts of compute power, starting this year and continuing through 2028, Cerebras announced Wednesday. The deal is valued at over $10 billion, according to a source familiar with the details, a figure also reported by Reuters.
Both companies stated that the agreement aims to accelerate the speed of outputs for OpenAI's customers. OpenAI indicated in a blog post that these systems will expedite responses that currently require longer processing times. This collaboration highlights the increasing demand for powerful computing infrastructure to support the growing complexities of artificial intelligence models.
Andrew Feldman, co-founder and CEO of Cerebras, drew a parallel between the impact of broadband on the internet and the potential of real-time inference to revolutionize AI. Real-time inference, the ability of AI systems to provide immediate responses, is becoming increasingly crucial for applications like chatbots, autonomous vehicles, and personalized recommendations.
Cerebras, founded over a decade ago, has seen its prominence rise significantly since the launch of ChatGPT in 2022 and the subsequent surge in AI development. The company asserts that its systems, built using its specialized AI chips, outperform GPU-based systems, such as those offered by Nvidia, in terms of speed. This claim underscores the ongoing competition in the AI chip market, where companies are vying to provide the most efficient and powerful hardware for AI workloads.
Cerebras had filed for an IPO in 2024 but has postponed it multiple times. In the interim, the company has continued to raise substantial capital. It was reported Tuesday that the company was in talks... (the provided source material ends mid-sentence).
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