OpenAI to invest $20B+ in Cerebras chips, gain equity stake

On 2026-04-17, OpenAI reportedly agreed to spend over US$20 billion on Cerebras chips and receive warrants for a minority stake in the company. The deal would expand OpenAI's access to inference computing capacity and deepen its strategic relationship with the AI chipmaker. The report frames the arrangement as part of competition to secure large-scale compute for advanced AI systems.