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Cerebras Stock Rises After OpenAI CEO Sam Altman Affirms Partnership

Cerebras Systems (CBRS) shares rose nearly 7% after OpenAI CEO Sam Altman clarified the company's partnership with the AI chipmaker. This statement provided relief following a significant selloff in the prior week.

CBRS

Cerebras Systems, Inc. (CBRS) shares were up nearly 7% in overnight trading after OpenAI CEO Sam Altman countered speculation about the AI chipmaker’s partnership with OpenAI, easing pressure after a nearly 20% selloff over the past week. “There is some speculation about our partn…”