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Sources: Peter Thiel and Larry Page may leave CA over a proposed ballot measure, opposed by Newsom, that levies a one-time 5% tax on those with $1B+ in assets (New York Times)

New York Times : Sources: Peter Thiel and Larry Page may leave CA over a proposed ballot measure, opposed by Newsom, that levies a one-ti...

3 October 2025

Chipmaker Cerebras withdraws its IPO, a little over a year after filing its IPO prospectus; it announced a $1.1B raise at a $8.1B valuation on September 30 (Jordan Novet/CNBC)

Jordan Novet / CNBC:
Chipmaker Cerebras withdraws its IPO, a little over a year after filing its IPO prospectus; it announced a $1.1B raise at a $8.1B valuation on September 30  —  Artificial intelligence chipmaker Cerebras on Friday filed paperwork to withdraw plans for an initial public offering.

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