Andrew Feldman Sells Shares of Cerebras Systems Inc. $CBRS
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Andrew Feldman, CEO, President at Cerebras Systems Inc. ($CBRS), sold 17,990 shares at an average price of $0. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.
Cerebras Systems Inc. Stock Up 19.1%
Shares of Cerebras Systems Inc. ($CBRS) traded around $213.19 on Tuesday, up 19.1% for the day.
Cerebras Systems Inc. Earnings
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About Cerebras Systems Inc.
Cerebras Systems Inc. operates as an artificial intelligence infrastructure company. It designs and manufactures an AI compute platform that comprises of proprietary systems and software that is delivered in racks for deployment in data centers up to supercomputer scale. The company's pioneering wafer-scale engine, a chip encompassing a silicon wafer, designed to enable higher performance and speeds than GPUs for the computational demands of inference, Generative AI, and other AI applications. Its customers include hyperscalers, foundation model labs, AI-native and digital-native businesses, enterprises, and leaders of Sovereign AI initiatives. The company has operations in the United States, Europe, the Middle East, Africa, and internationally. Cerebras Systems Inc. was founded in 2015 and is headquartered in Sunnyvale, California.
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