# Cerebras Targets $35B Valuation Backed by $20B OpenAI Commitment

- slug: cerebras-targets-35b-valuation-backed-by-20b-openai-commitment
- date: 2026-04-17
- category: Artificial Intelligence

OpenAI CEO Sam Altman sits on Cerebras' board and holds an early stake. His company just committed $20B+ to Cerebras—a chipmaker with $78.7M in annual revenue, now targeting a $35B valuation. Public investors get the prospectus. They don’t get the board briefings.

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