AI chipmaker Cerebras withdraws IPO
Artificial intelligence chipmaker Cerebras Systems said on Friday that it's withdrawing plans for an IPO, days after announcing that it ...
Tag: business news
Bitcoin rallies to within 1% of all-time high, gaining safe-haven status during shutdown
Bitcoin rallied on Friday to within striking distance of its record high as the U.S. government's shutdown entered its third ...
Amazon shutters 4 Fresh stores in Southern California as grocery strategy keeps shifting
An employee arranges a salad dressing display at an Amazon Fresh grocery store on December 12, 2024 in Federal Way, ...
Chicago Fed President Goolsbee ‘a little wary’ about cutting interest rates too quickly
Chicago Federal Reserve President Austan Goolsbee said Friday he's leery of cutting interest rates too quickly as threats increase both ...
Detroit auto stocks jump on report of tariff relief for U.S. vehicles
GM Hummer EV production in Detroit.Photo by Jeffrey Sauger for General MotorsDETROIT — Shares of the Detroit automakers closed higher ...
Quantum stocks Rigetti Computing and D-Wave surged double digits this week. Here’s what’s driving the big move
Inside Google's quantum computing lab in Santa Barbara, California.CNBCQuantum computing stocks are wrapping up a big week of double-digit gains.Shares ...
Jeff Bezos says AI is in an industrial bubble but society will get ‘gigantic’ benefits from the tech
Amazon founder Jeff Bezos gestures as he speaks at the main panel of Italian Tech Week 2025 in Turin, Italy ...
Walmart-backed fintech OnePay is bringing crypto to its banking app, sources say
Walmart-backed OnePay offers credit and debit cards, high-yield savings accounts, buy now, pay later loans and a digital wallet with ...
Silicon Valley’s new defense tech ‘neoprimes’ are pulling billions in funding to challenge legacy giants
Guvendemir | E+ | Getty ImagesA wave of defense tech startups in Silicon Valley is drawing billions in funding and reshaping ...
Elon Musk is telling his followers to cancel Netflix subscriptions. Here’s what’s happening
Elon Musk stands in the Oval Office to attend a press event with U.S. President Donald Trump, at the White ...
