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OpenAI at one point considered acquiring AI chip startup Cerebras

OpenAI was at one point considering acquiring Cerabras, an AI chipmaking company that's in the process of going public.

A single Abu Dhabi firm, G42, accounted for 87% of Cerebras’ revenue in the first half of 2024, and U.S. lawmakers have expressed unease about G42′s historic ties to China. Cerebras CEO Andrew Feldman also has a checkered past, having pled guilty to circumventing accounting controls while a VP at public company Riverstone Networks. OpenAI has long sought to reduce its reliance on Nvidia, which commands a massive share of the market for AI-optimized chips.

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