Stem announces minimal exposure to silicon valley bank

San francisco--(business wire)--stem, inc. (“stem” or the “company”) (nyse: stem), a global leader in artificial intelligence (ai)-driven energy solutions and services, today issued the following statement on silicon valley bank (svb) in response to investor questions. while we are continuing to evaluate the situation, we estimate less than 5% of our cash and short-term investments could be impacted by the closure of the bank.
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