en.wikipedia.org/wiki/Cerebras_Systems
3 corrections found
$87 million (2025)
Cerebras’s 2025 net income was not $87 million. Its IPO prospectus says 2025 net income was $237.8 million.
Full reasoning
Cerebras’s final IPO prospectus states that the company “earned net income of $237.8 million in 2025”. That directly contradicts the infobox figure of $87 million (2025). The revenue figure in the article matches the prospectus ($510.0 million), but the net-income figure does not.
2 sources
- Cerebras - 424B4
Our revenue increased to $510.0 million in 2025, representing year-over-year growth of 76%. We earned net income of $237.8 million in 2025 and incurred net loss of $481.6 million in 2024.
- Form 424B4 for Cerebras Systems INC filed 05/14/2026
Our revenue increased to $510.0 million in 2025, representing year-over-year growth of 76%. We earned net income of $237.8 million in 2025 and incurred net loss of $481.6 million in 2024.
In January 2026, Cerebras signed a deal with OpenAI to deliver 750 megawatts of computing power through 2028 for $10 billion.
This sentence gets both the timing and value of the OpenAI deal wrong. Cerebras’s filings say it signed the OpenAI master agreement in December 2025, and the company described the deal as worth more than $20 billion, not $10 billion.
Full reasoning
Cerebras’s amended S-1 says “We signed the MRA with OpenAI on December 24, 2025.” So the deal was not signed in January 2026. Separately, Cerebras’s prospectus and later investor materials describe the OpenAI agreement as a multi-year deal valued at more than $20 billion. That directly conflicts with the article’s claim that the deal was for $10 billion. The article appears to mix up the January 2026 public announcement with the actual signing date, and it understates the reported value of the agreement by more than half.
3 sources
- Form S-1/A for Cerebras Systems INC filed 05/11/2026
OpenAI. We signed the MRA with OpenAI on December 24, 2025. On January 23, 2026, we began delivering capacity to OpenAI... OpenAI has committed to purchase 750MW of Cerebras inference compute capacity over the next three years.
- Form 424B4 for Cerebras Systems INC filed 05/14/2026
In January 2026, we announced a multi-year deal with OpenAI valued at more than $20 billion dollars. OpenAI has agreed to deploy 750 megawatts of Cerebras’s high-speed AI compute...
- Cerebras Systems Announces Strong First Quarter 2026 Results
Announced a multi-year deal with OpenAI for 750MW valued at more than $20 billion.
OpenAI (signed in 2026)
Cerebras’s SEC filing says the OpenAI master agreement was signed on December 24, 2025, not in 2026.
Full reasoning
Cerebras’s amended S-1 explicitly says “We signed the MRA with OpenAI on December 24, 2025.” That directly contradicts the article’s statement that OpenAI was “signed in 2026.” Cerebras did announce the deal publicly in January 2026, but the filing distinguishes the announcement date from the signing date.
2 sources
- Form S-1/A for Cerebras Systems INC filed 05/11/2026
OpenAI. We signed the MRA with OpenAI on December 24, 2025. On January 23, 2026, we began delivering capacity to OpenAI...
- Form 10-Q for Cerebras Systems INC filed 06/24/2026
In December 2025, the Company entered into a Master Relationship Agreement (the “MRA”) with OpenAI OpCo, LLC (“OpenAI”)...