# Who are Cerebras Systems's customers? Who does Cerebras Systems earn revenue from?
Canonical: https://valuechain.wiki/cerebras · Facet: customers · Updated: 2026-11-02T20:23:30.347154+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Cerebras Systems's confirmed revenue counterparties include OpenAI, Amazon Web Services plus 1 undisclosed/aggregate relationship. Per the valuechain.wiki graph: 3 revenue edges, backed by 7 dated sources, 1 of them primary filings (as of 2026-11-02).

### OpenAI (high)  → /openai.md
- metric: capacity 750 MW · 2026-2028 · OpenAI committed inference capacity
- note: OpenAI committed to 750MW of inference capacity deployed in tranches during 2026-2028. Its 1.25GW option takes potential capacity to 2GW; Q2 2026 recognized revenue was $56.8M.
- [confirms] U.S. Securities and Exchange Commission (EN, filing, published 2026-08-12) https://www.sec.gov/Archives/edgar/data/2021728/000162828026056357/cbrs-20260630.htm: "OpenAI committed to 750MW of inference capacity; Cerebras recognized $56.8M in Q2 2026 and OpenAI holds a 1.25GW option."
- [confirms] Futurum (EN, analysis, published 2026-04-17) https://futurumgroup.com/insights/cerebras-s-1-teardown-is-the-23b-wafer-scale-ipo-the-end-of-gpu-homogeneity/: "Supplies inference capacity to OpenAI ($20B+ MRA, 750MW to 2GW)."
- [confirms] CNBC (EN, news, published 2026-04-17) https://www.cnbc.com/2026/04/17/cerebras-new-ipo-ai-chips.html: "Supplies inference capacity to OpenAI ($20B+ MRA, 750MW to 2GW)."
- [confirms] SK Securities (KO, research, published 2026-03-18) https://file.alphasquare.co.kr/media/pdfs/market-report/%EA%B8%B0%ED%83%80%EB%B0%95%EC%A0%9C%EB%AF%BC%EC%9D%9820260318SK%EC%A6%9D%EA%B6%8C.: "SK Securities confirms the 750MW high-speed compute partnership between OpenAI and Cerebras."
- [confirms] Seoul Shinmun NowNews (KO, news, published 2026-02-21) https://m.nownews.seoul.co.kr/news/science/TECH/2026/02/20/20260220601011: "Seoul Shinmun reports a 750MW WSE-based data-center plan targeting operation in 2028."

### 고객 A·B·C (비공개) (high)
- metric: Revenue share 76 percent · 2026-Q2 · Combined revenue share of unnamed Customers A, B and C (34%+32%+10%)
- note: Customers A, B and C were 34%, 32% and 10% of Q2 2026 revenue. The filing does not map these letters to OpenAI, G42, MBZUAI or other named customers.
- [mentions] EBN (KO, news, published 2026-09-22) https://www.ebn.co.kr/news/articleView.html?idxno=1725347: "EBN highlights dependence on OpenAI and concentration in a small number of large customers."
- [confirms] U.S. Securities and Exchange Commission (EN, filing, published 2026-08-12) https://www.sec.gov/Archives/edgar/data/2021728/000162828026056357/cbrs-20260630.htm: "Customers A, B and C represented 34%, 32% and 10% of Q2 2026 revenue."

### G42·MBZUAI (전략 고객·투자) (high)
- note: G42 was 24% of 2025 (85% of 2024) revenue and MBZUAI 62% of 2025 — high concentration.
- [confirms] Futurum (EN, analysis, published 2026-04-17) https://futurumgroup.com/insights/cerebras-s-1-teardown-is-the-23b-wafer-scale-ipo-the-end-of-gpu-homogeneity/: "G42/MBZUAI concentration risk."

### 아마존 (high)  → /amazon.md
- note: Global hardware lease with AWS for a joint compute solution in AWS data centers. Commencement conditions were unmet at June 30, 2026, so no revenue had been recognized.
- [confirms] U.S. Securities and Exchange Commission (EN, filing, published 2026-08-12) https://www.sec.gov/Archives/edgar/data/2021728/000162828026056357/cbrs-20260630.htm: "The AWS global hardware lease had not commenced at June 30 and no revenue was recognized."
- [confirms] TechTimes (EN, news, published 2026-06-11) https://www.techtimes.com/articles/318250/20260611/cerebras-after-its-ipo-how-wafer-scale-chips-challenge-nvidia-inference.htm: "Integrates CS-3 hardware into AWS Bedrock (managed inference)."
- [confirms] Futurum (EN, analysis, published 2026-04-17) https://futurumgroup.com/insights/cerebras-s-1-teardown-is-the-23b-wafer-scale-ipo-the-end-of-gpu-homogeneity/: "Integrates CS-3 hardware into AWS Bedrock (managed inference)."
- [mentions] SK Securities (KO, research, published 2026-03-18) https://file.alphasquare.co.kr/media/pdfs/market-report/%EA%B8%B0%ED%83%80%EB%B0%95%EC%A0%9C%EB%AF%BC%EC%9D%9820260318SK%EC%A6%9D%EA%B6%8C.: "SK Securities describes an AWS inference service combining Trainium 3 and Cerebras CS-3."

Reverse side: https://valuechain.wiki/cerebras/suppliers.md · Ripple: https://valuechain.wiki/cerebras/ripple.md

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Full node: https://valuechain.wiki/cerebras.md · JSON: https://valuechain.wiki/cerebras.json