Cerebras Systems is trading 5% higher at $190.80 in pre-market sessions today following the announcement of a multi-billion dollar European AI infrastructure expansion. - The company plans to launch its first regional data center capacity by the end of 2026, investing several billion dollars to build 200 megawatts of total capacity across France and the Nordic region by the end of 2027. - This expansion aims to meet growing demand for local AI compute solutions and will support existing partnerships, including with OpenAI.
🟢 Cerebras Systems up 5% today on major European AI infrastructure expansion
Cerebras Systems Inc.
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