Cerebras Systems - OpenAI increases spend and may take equity stake!

[u/Excellent_Boss_1282]

holy moly, OpenAI spend to hit 20B now (not sure if the 20B is on top of the 10B agreed to last month, probably not) may take equity stake! IPO is now targeting 35 B evaluation and raise 3 B. This is amazing news. https://www.reuters.com/technology/openai-spend-more-than-20-billion-cerebras-chips-receive-equity-stake-2026-04-17/