AI chipmaker Cerebras withdraws IPO
Days after announcing that it raised $1.1 billion in a financing round, Cerebras said it's pulling its IPO plans. ...
Economy
Goldman boss David Solomon warns of a stock market drawdown: ‘People won’t feel good’
The Goldman Sachs CEO said AI presented opportunities but that some investors were overlooking "things you should be skeptical about."…
The shutdown meant no jobs report. Here’s what it would have said about the economy
While the BLS has gone dark with the shutdown, other reports suggest the labor market just plodded along in September.…
Disney’s image tanks among Republicans, Democrats after Jimmy Kimmel controversy
Sentiment and brand awareness for the company and its Disney+ platform have fallen to levels not seen in two years.…
Amazon faces FAA, NTSB probe after two delivery drones crashed into crane in Arizona
The drones sustained "substantial" damage from the crash, the Federal Aviation Administration said in a preliminary incident report. ...
Perplexity AI rolls out Comet browser for free worldwide
Perplexity initially launched Comet in July to Perplexity Max subscribers for $200 a month ...
Intel stock is up 50% over the last month, putting U.S. stake at $16 billion
U.S. chipmaker Intel's shares climbed 3% Thursday, putting the monthly gain over 50%. ...
Trump touts shutdown as ‘unprecedented opportunity’ to cut more Democratic priorities
Trump in a Truth Social post said he will meet with Office of Management and Budget Director Russell Vought to…
Disney sent cease and desist letter to Character.AI over use of copyrighted characters
Disney is already involved in an ongoing lawsuit against AI image creator Midjourney. ...