Cerebras announces $20B+ OpenAI deal, AWS partnership, and $6.4B IPO alongside Q1 results

Filed June 23, 2026 · Period ending June 23, 2026 · ~1 min read

Key Changes

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  Cerebras secured a multi-year deal with OpenAI valued at more than $20 billion to deploy 750 megawatts of high-speed inference compute, representing a transformational revenue commitment.

  Exhibit 99.1 verify on EDGAR →
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  The company raised $6.4 billion in its IPO, described as the largest semiconductor IPO of all time, following $1 billion Series H financing and $850 million credit facility.

  Exhibit 99.1 verify on EDGAR →
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  Cerebras launched a multi-year partnership with AWS to bring fast inference to global distribution using disaggregated architecture (AWS Trainium 3 for prefill, Cerebras CS-3 for decode).

  Exhibit 99.1 verify on EDGAR →