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Microsoft (MSFT) Neutral as OpenAI $10B Deal Boosts Cerebras, Pressures Nvidia in AI Chip Race

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • OpenAI will buy up to 750 MW of computing power from Cerebras in a $10B deal over three years, emphasizing growing AI demand and competition among chipmakers, including Nvidia.
  • The contract phases in through 2028 as OpenAI and Cerebras expand in the AI hardware sector.
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MSFT price history

497.12 +3.04% over the displayed period

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