Compute / the Ledger · 1 deal
Who is paying whom for compute.
Every deal dated, typed in plain words, and linked to the document it comes from.

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Deals with Cerebras as a party. Cerebras’s page · Show every party
| Announced | Deal | Parties | Type | Value | Terms | Source |
|---|---|---|---|---|---|---|
| 14 Jan 2026 | OpenAI agrees to deploy 750 MW of Cerebras inference compute; Cerebras's S-1 values the deal at more than $20BSignedTranches through 2028. OpenAI receives a warrant for 33,445,026 Cerebras Class N shares subject to vesting (S-1). | Capacity contract | $20B'More than $20 billion' per Cerebras's S-1 (a floor, not a ceiling); OpenAI's announcement states no value. | 750 MW | Cerebras S-1, April 2026Regulatory filing |
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