By Ashley Capoot
Publication Date: 2026-01-16 20:00:00
Open AI CEO Sam Altman speaks during a talk session with SoftBank Group CEO Masayoshi Son at an event titled “Transforming Business through AI” in Tokyo, on Feb. 3, 2025.
Tomohiro Ohsumi | Getty Images
In November, following Nvidia’s latest earnings beat, CEO Jensen Huang boasted to investors about his company’s position in artificial intelligence and said about the hottest startup in the space, “Everything that OpenAI does runs on Nvidia today.”
While it’s true that Nvidia maintains a dominant position in AI chips and is now the most valuable company in the world, competition is emerging, and OpenAI is doing everything it can to diversify as it pursues a historically aggressive expansion plan.
On Wednesday, OpenAI announced a $10 billion deal with chipmaker Cerebras, a relatively nascent player in the space but one that’s angling for the public market. It was the latest in a string of deals between OpenAI and the companies making the processors needed to build large language models and run increasingly sophisticated workloads.
Last year, OpenAI committed more than $1.4 trillion to infrastructure deals with companies including Nvidia, Advanced Micro Devices and Broadcom, en route to commanding a $500 billion private market valuation.
As OpenAI races to meet anticipated demand for its AI technology, it has signaled to the market that it wants as much processing power as it can find. Here are the major chip deals that OpenAI has signed as of January, and potential partners to…