Cerebras Stock Falls Below $185 IPO Price Amid GPT-6.1 Nvidia-GPU Claim

Cerebras Stock Falls Below $185 IPO Price Amid GPT-6.1 Nvidia-GPU Claim

Cerebras Systems Inc. (NASDAQ: CBRS) shares fell over 7% to $181 in afternoon trading on Wednesday, pushing the AI-chip maker below the $185 price of its May initial public offering.Visit Website

Cerebras Systems (CBRS) Stock Plunges 7% on OpenAI-Nvidia Partnership Reports

Cerebras Systems (CBRS) stock declined 7% after reports emerged that OpenAI's GPT-6.1 Sol Ultrafast model runs on Nvidia chips instead of Cerebras hardware.

Cerebras Systems (CBRS) Stock Falls 7% After Report OpenAI Shifted to Nvidia Chips

TLDR Cerebras Systems stock dropped about 7% on September 30 after a SemiAnalysis report. The report claims OpenAI’s new GPT-6.1 Sol Ultrafast model runs on Nvidia chips, not Cerebras hardware. OpenAI is Cerebras’ largest customer by revenue backlog. The new Ultrafast tier reportedly runs near 300...

OpenAI's GPT 6.1 Sol Ultrafast Is Not Running On Cerebras But On NVIDIA GPUs, Says Semi Analysis

OpenAI’s new Ultrafast tier for GPT-6.1 Sol isn’t being served by the chipmaker most closely associated with OpenAI’s push for faster inference. That’s...