Cerebras shares rise 9% after Sam Altman affirms OpenAI partnership

OpenAI CEO Sam Altman described Cerebras as a close partner after its shares fell 20% last week. Quartz links that earlier decline to OpenAI choosing Nvidia chips for a new feature in GPT-6.1 Sol, while CNBC reports that the subsequent gain occurred during premarket trading.

• DigiTimes says the episode raises concerns about Cerebras’ reliance on a few large customers.

Covered by 3 publishers within 22 hours of the first report.

• CNBC: Cerebras stock pops 9% after Sam Altman calls the chipmaker a 'close partner'

Reporting3

QZ Quartz Cerebras stock climbs after OpenAI CEO Sam Altman calls it a 'close partner' · Cris Tolomia 7:20 AM

CN CNBC Cerebras stock pops 9% after Sam Altman calls the chipmaker a 'close partner' 9:37 AM

DT DigiTimes Cerebras' stock slide stops after Sam Altman calls it 'close partner' · DIGITIMES 5:31 AM

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Topics OpenAINvidia