FILE PHOTO: A woman poses for pictures in front of the OpenAI logo at Bharat Mandapam, one of the venues for AI Impact Summit, in New Delhi, India, February 17, 2026. REUTERS/Bhawika Chhabra/File Photo

OpenAI to spend more than $20 billion on Cerebras chips, receive equity stake, The Information reports

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April 16 : OpenAI has agreed to pay chip startup Cerebras more than $20 billion to use servers powered by the firm's chips over the next three years, for which it can receive an equity stake in the company, The Information reported on Thursday, citing sources.

Reuters could not immediately verify the report.

Source: Reuters

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