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OpenAI inks $12.9b computing deal with Nvidia rival Cerebras
The Straits Times
|January 16, 2026
OpenAI will purchase up to 750MW of computing power over three years from chipmaker Cerebras as the ChatGPT maker looks to pull ahead in the artificial intelligence (AI) race and meet the growing demand, the two companies said on Jan 14.
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This deal is worth more than US$10 billion (S$12.9 billion) over the life of the contract, according to a source familiar with the matter. The ChatGPT maker plans to use the systems built by Cerebras to power its popular chatbot in what is the latest in a string of multibillion-dollar deals struck by OpenAI.
Cerebras chief executive Andrew Feldman said the two companies began talks in August 2025 after Cerebras demonstrated that OpenAI's open-source models could run more efficiently on its chips than on traditional graphics processing units. After months of negotiations, the companies reached an agreement under which Cerebras will sell cloud services powered by its chips to OpenAI, focusing on inference and reasoning models, which typically take time to “think” before generating responses.
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