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OpenAI to pay Cerebras over $20 bn for chips
Financial Express Ahmedabad
|April 18, 2026
OPENAI HAS AGREED to pay chip startup Cerebras more than $20 billion over the next three years to use servers powered by the company’s chips, under a deal that could also give the ChatGPT maker an equity stake in the firm, The Information reported on Thursday, citing sources.
The development comes as Open AI attempts to pull ahead in the AI race and meet growing demand. In January, the company agreed to buy up to 750 megawatts of computing capacity from Cerebras over three years in a deal valued at more than $10 billion.
The newer commitments are double the size of Open AI’s previously reported agreement with the chipmaker.
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Financial Express Ahmedabad
Now, JioStar takes Zee to court for film broadcast sans rights
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Hope India continues to develop Chabahar: Iran
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Financial Express Ahmedabad
Some jobless youngsters are like cockroaches, says CJI
THE BENCH ALLOWED THE WITHDRAWAL OF THE PETITION
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Financial Express Ahmedabad
Apex court to hear cases virtually on Mondays, Fridays
THE SUPREME COURT on Friday decided to hear cases exclusively through video conference on Mondays and Fridays, and judges “unanimously resolved” to encourage car-pooling arrangements amongst themselves in order to ensure optimum fuel utilisation.
1 min
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Financial Express Ahmedabad
AI is becoming everyday 'clothing'
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India’s gold demand slows to a trickle on tighter trade rules
INDIA’S GOLD IMPORTS are slowing to a trickle as banks and bullion traders grapple with new restrictions aimed at shoring up a weak rupee battered by the West Asia war.
1 mins
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