📌 Key Points
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Cerebras Scores OpenAI Deal Worth Over $10 Billion
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Cerebras Systems secured a deal exceeding $10 billion to provide up to 750 megawatts of compute to OpenAI by 2028.
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The agreement aims to reduce Cerebras' reliance on G42, which represented 87% of its revenue in the first half of 2024.
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This partnership with OpenAI is part of Cerebras' strategy to diversify its customer base.
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