AMD(US:AMD) Benzinga·2026-01-15 09:28Group 1 - OpenAI has signed a deal with Cerebras Systems to acquire 750 megawatts of computing power through 2028, enhancing its deployment of gpt-oss open-weight models on Cerebras hardware [1] - The deal is estimated to be worth over $10 billion, which would diversify Cerebras' revenue sources, previously reliant on G42, accounting for 87% of its revenue in the first half of 2024 [2] - Cerebras' CEO, Andrew Feldman, emphasized the strategy of building large customer relationships by starting with one satisfied customer before expanding to others [3] Group 2 - Cerebras had previously postponed its IPO plans despite achieving an $8 billion valuation, with indications that an IPO announcement may occur before next year [4] - Cerebras is reportedly seeking to raise around $1 billion in a funding round, which would value the company at $22 billion pre-investment [5] - OpenAI is actively expanding its AI capabilities, including the acquisition of healthcare technology startup Torch, indicating a commitment to broadening its AI solutions across various sectors [5]