signed
OpenAI–Cerebras 750 MW inference compute (over $10B)
OpenAI agreed to buy up to 750 MW of Cerebras-powered compute for low-latency inference, delivered in tranches from 2026 to 2028. Cerebras's IPO prospectus values the deal at more than $20 billion.
- Capacity
- 0.75GW1
- Term
- n/d
- Accelerators
- n/d
Sources disagree
"More than $20 billion" per Cerebras's IPO prospectus (May 2026); first reports (Bloomberg, Reuters, Jan 2026) said more than $10 billion. Master agreement signed Dec 2025. Tranches run three or four years each, extendable to five. OpenAI holds an option on 1.25 GW more (2 GW total) by end-2030, a warrant for up to 33.4 million Cerebras shares, and lent Cerebras about $1.0 billion.
The record
Verified 9 Nov 2026- Announced
- Buyer
- OpenAI
- Seller / provider
- Cerebras
- ValueHeadline dollar value exactly as stated in the cited source.
- 20,000,000,000 USD
- Capacity
- 0.75 GW
- Accelerators
- Not disclosed
- Chips
- Cerebras wafer-scale engine
- Term
- Not disclosed
- StatusBinding agreement disclosed
- signed
- Other parties
- None named
- Deal type
- cloud-capacity, chip-supply, inference
Sources
2- Cerebras Systems IPO prospectus, Form 424B4 (SEC, 14 May 2026) read 2026-11-09
- Cerebras Q1 2026 results, 8-K (SEC, 23 Jun 2026) read 2026-11-09
Cite this deal
AI Compute Deals, “OpenAI–Cerebras 750 MW inference compute (over $10B)”, https://aicomputedeals.com/openai-cerebras-750mw-2026-01/ (verified 2026-11-09).
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