The analyst bought starter positions in Cerebras (CBRS) after OpenAI launched a high-performance model on its platform, viewing it as validation of Cerebras' technology.
OpenAI's launch of the 5.6 Sol frontier model on Cerebras hardware demonstrates strong performance, validating Cerebras' tech and justifying a long position despite valuation concerns.
Kinda nutty OpenAI’s is launching its heavyweight 5.6 Sol frontier model on $CBRS. At up to 750 tokens/sec, which is obscene performance. American inference go brrr. I actually picked up starter positions on Cerebras for the first time in the ~170s (below $185 IPO price) after seeing this news yesterday. Feels like validation of its tech. IMO a bit overvalued compared to profitable companies like $JBL at the same valuation. But there’s likely premiums for OpenAI exposure, as long as they stay the leader.
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | +0.0% | +0.0% |
| 1 week | -11.2% | -12.6% |
| 1 month | -12.7% | -12.5% |
| 3 months | — | — |
| 6 months | — | — |