‘The Black Swan’ author warns future selloffs could be 2-3 times worse than the DeepSeek shock as it reveals how fragile the economy is
“This is the beginning. The beginning of an adjustment of people to reality.” Read More Source link...
Finance
AI chipmaker Cerebras says it’s been ‘crushed with demand’ for China’s DeepSeek from business customers
Cerebras says its U.S.-hosted DeepSeek service is the fastest out there. Read More Source link...
Meta is reportedly scrambling ‘war rooms’ of engineers to figure out how DeepSeek’s AI is beating everyone else at a fraction of the price
The engineers will study how DeepSeek accomplished the feat and how Meta can benefit. Read More Source link...
Spirit Airlines quietly updated its passenger rules, disallowing customers from wearing see-through or ‘lewd’ clothing and ‘offensive’ body art
Spirit Airlines’ policy update sparks debate about whether airlines can dictate what passengers wear on flights. Read More Source link...
‘Manipulative and disgraceful’: OpenAI’s critics seize on math benchmarking scandal
Reports suggest OpenAI is about to make a huge announcement about AI agents. But its last big announcement is already...
California’s insurer of last resort has potential exposure to LA wildfires of nearly $5 billion and reinsurance of $5.78 billion
"The FAIR Plan, a not-for-profit catastrophe insurer, has the payment mechanisms in place to ensure all covered claims will be...
FDA bans red dye No. 3 from foods because of potential cancer risk
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LA wildfire evacuees face ‘obscene’ price gouging as landlord lists house for $17,000 a month then demands $30,000
"You need to figure out how to adjust your prices consistent with the law. And if that means departing from...
Polymarket users are hoping to profit from the devastation in California, betting on how far the deadly fires will spread
The betting pools for some predictions have exceeded $100,000. Read More Source link...
Elon Musk’s PAC helped Republicans get a majority in Congress
A political action committee controlled by the world’s richest man spent $19.2 million in the final six weeks of the...
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