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Cerebras stock falls about 50% after losing OpenAI workload to Nvidia

  • Cerebras lost OpenAI’s key inference workload to Nvidia.
  • Cerebras is down about 50% from its May debut opening price.
  • Executives are selling shares as the company’s lockup period expires.

Cerebras is trading about 50% below the opening price recorded after its market debut in May. The company lost a key inference workload for OpenAI’s "Ultrafast" mode for the GPT-6.1 Sol AI model to Nvidia. Executives are also selling shares as Cerebras’s lockup period expires, adding further downward pressure on the stock.

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Cerebras stock falls about 50% after losing OpenAI workload to Nvidia - CoinPost Terminal