CBRS trimmed its gains to 2.5% on July 22, according to market data from BIT (bit.com), after climbing more than 18% at one point earlier in the session. The move came after Cerebras Systems announced a partnership with cybersecurity firm CrowdStrike. Under the deal, CrowdStrike will use Cerebras’ inference infrastructure to power the Falcon AI model and support AI detection and response on its inference platform. The companies did not disclose the contract value. The stock has been referred to in the report as an "Nvidia challenger."
CBRS cut its gains to 2.5% on July 22, according to market data from BIT (bit.com), after rising more than 18% earlier.
The move followed news that Cerebras Systems had reached a partnership with cybersecurity company CrowdStrike. Under the agreement, CrowdStrike will use Cerebras’ inference infrastructure to run the Falcon AI model and support AI detection and response on its inference platform. The two sides did not disclose the contract amount.
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