AI Fund Flows

OpenAI → Cerebras: $1B investment

OpenAI lends $1 billion to Cerebras. On top of the compute contract (later revalued at over $20 billion), OpenAI gives Cerebras a $1 billion loan for working capital (exact date in January unknown).

This deal is 0% of everything OpenAI pays and 5% of everything Cerebras receives in this database.

Date
Jan 31, 2026
Paid by
OpenAI
Received by
Cerebras
Type
Investment
Amount
$1B
Status
closed
Note
working capital loan, January 2026

Sources

All deals between OpenAI and Cerebras

More OpenAI / Cerebras deals

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