OpenAI Signs $10 Billion Deal with Cerebras to Expand AI Chip Partnerships
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 16 2026
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Source: CNBC
- Major Investment Agreement: OpenAI has signed a deal worth over $10 billion with Cerebras to deploy 750 megawatts of AI chips by 2028, significantly enhancing its processing capabilities and competitive edge in the AI market.
- Diverse Partnership Strategy: OpenAI's agreement with AMD to deploy 6 gigawatts of GPUs over multiple years, along with a warrant for up to 160 million shares, underscores its strategic decision to diversify its hardware supply chain.
- Deepening Collaboration with Nvidia: OpenAI's partnership with Nvidia has intensified, with Nvidia committing $100 billion to support the construction of a 10-gigawatt system, providing robust computational support for OpenAI's technological advancements.
- Expanding Market Prospects: OpenAI's $38 billion cloud deal with Amazon indicates its plans for infrastructure expansion, which is expected to further drive the application of its AI technology and increase its market share.
Analyst Views on OPEN
Wall Street analysts forecast OPEN stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for OPEN is 4.35 USD with a low forecast of 1.40 USD and a high forecast of 8.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
1 Buy
2 Hold
2 Sell
Hold
Current: 6.420
Low
1.40
Averages
4.35
High
8.00
Current: 6.420
Low
1.40
Averages
4.35
High
8.00
About OPEN
Opendoor Technologies Inc. is an e-commerce platform for residential real estate transactions. By leveraging software, data science, product design and operations, the Company is engaged in building a technology platform for residential real estate that offers buyers and sellers a digital, on-demand experience. Its product offerings include Sell to Opendoor, List with Opendoor and Opendoor Marketplace. Sell to Opendoor enables sellers to utilize its core product offering to sell their home directly to it, and it resells the home to a home buyer. By selling to Opendoor, homeowners can avoid the stress of open houses, home repair coordination, overlapping mortgages, and the uncertainty that can come with listing a home on the open market. Its capital-light marketplace offering connects home sellers with both institutional and retail buyers, facilitating transactions without Opendoor taking ownership of the home. Its listing product is available in nearly all Opendoor markets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
