00:00Cerebra's systems surged 9.06% today, after Altman comments.
00:06Cerebra's designs large AI processors and the computer systems built around them to train and run artificial intelligence models.
00:15It earns money by selling AI computing systems and access to its computing infrastructure to organizations developing and operating AI
00:25models.
00:27Cerebra's gained 9.1% as comments from OpenAI CEO Sam Altman appeared to improve sentiment.
00:35Two Benzinga reports highlighted Altman calling the chip maker a close partner, easing concerns about the relationship.
00:44That gave Cerebra's a company-specific AI narrative within an otherwise selective technology trade.
00:51More on AI chip momentum, full recap linked.