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The Markets Desk — Week 46 · Wed 11 Nov 2026
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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The LedgerRead against its source

Deals with Cerebras as a party. Cerebras’s page · Show every party

Compute deals, newest first
AnnouncedDealPartiesTypeValueTermsSource
14 Jan 2026OpenAI 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 MWCerebras S-1, April 2026Regulatory filing

chip named on 0 of 1 · term on 0 · price on 0

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  • Values are the headline figures as the parties disclosed them, in US dollars, unadjusted. “Undisclosed” means they did not say.
  • The end date is the start plus the term, worked out here — it is not a reported figure.
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