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    Brief: Cerebras Systems Announces Multi-Year Deal With OpenAI For 750MW Valued At Over $20 Billion

    Picture of Cerebras Systems logoCerebras Systems
    24/06/2026 24:04
    BRIEF-Cerebras Systems Announces Multi-Year Deal With OpenAI For 750MW Valued At Over $20 Billion
    June 23 (Reuters) - Cerebras Systems Inc CBRS.O:
    • CEREBRAS SYSTEMS - ANNOUNCES MULTI-YEAR DEAL WITH OPENAI FOR 750MW VALUED AT OVER $20 BILLION - SEC FILING
    • CEREBRAS SYSTEMS - FY2026 CORE REVENUE OUTLOOK $855-$865 MILLION, UP 69%; CORE GROSS MARGIN 38-41% - SEC FILING
    • CEREBRAS SYSTEMS - Q2 2026 CORE REVENUE OUTLOOK ~$194 MILLION, UP 88% Y/Y; CORE GROSS MARGIN 36-38% - SEC FILING
    • CEREBRAS SYSTEMS - Q1 2026 CORE REVENUE $191.3 MILLION, UP 92%; HARDWARE $111.6 MILLION, UP 60%; CLOUD $79.8 MILLION, UP 167% - SEC FILING
    • : Q1 NET LOSS PER SHARE $ 0.22
    • Q1 EARNINGS PER SHARE VIEW $-0.16 -- LSEG IBES DATA
    • Q1 REVENUE VIEW $181.6 MILLION -- LSEG IBES DATA
    Source text: [ID:n0001628280-26-044941]
    Further company coverage: CBRS.O

     ((reuters.briefs@thomsonreuters.com;))

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