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Cerebras stock climbs 6% after Sam Altman calls the chipmaker a 'close partner'

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Summary

Cerebras stock rose about 6% in premarket trading after OpenAI CEO Sam Altman called the chipmaker a "close partner" in a post on X. The shares had dropped 20% the previous week after reports that OpenAI would run its "Ultrafast" mode for GPT-6.1 Sol on Nvidia GPUs rather than Cerebras chips.