
Cerebras boosts IPO price to raise $5.5bn
Chipmaker valued at $40bn in sign of high demand for AI stocks
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Chipmaker valued at $40bn in sign of high demand for AI stocks

Hedge fund gives ultimatum to members of its global quantitative strategies team based in territory

Health secretary expected to resign on Thursday and seek to eject prime minister from Downing Street

Trip by Israeli prime minister underscores how conflict has deepened relations between the two states

Court refuses to ‘rubber stamp’ $1.5mn deal over Twitter stock disclosure

Take part in a live Ask an Expert Q&A with the FT’s US economics editor, US economics correspondent and US markets editor on Monday May 18 at 4pm BST

Vote brings to an end one of the most fraught processes of selecting a central bank chief in decades

Riyadh wanted to show it was defending itself but told Tehran it was not joining broader US-Israeli assault

Company with ties to US president’s son has MOU with chipmaker that Congress warned is connected to Communist Party

Wall Street’s top prosecutor says the industry helped the US recover faster than Europe from the 2008 crisis

Producer price index rises at fastest rate since Russia’s full-scale invasion of Ukraine

US president arrives in Beijing for two-day summit clouded by geopolitical tensions and conflict over trade and tech

CSG’s move for stake in Franco-German company marks new attempt to consolidate European defence industry

No country for young CEOs

Keir Starmer held brief talks with potential rival ahead of King’s Speech

Sceptics associate American president with turmoil and cast doubt over Sino-US relationship reset

Consumer demand drops after households lose access to Snap subsidy programme

US chief executives should be wary of putting their own convenience ahead of transparency

Chinese group’s technology allows electric vehicles to be charged in as little as five minutes

Iran war has cut into oil consumption but not enough to halt ‘rapid’ draw on inventories

Japanese lender in talks over risk transfer as private capital industry is under strain

They lie at the intersection of almost everything that matters in geoeconomics and geopolitics

Rocket maker’s chief tells staff it will need outside capital to meet ambitious launch plans

The US president will encounter a very different country to the one he visited in 2017

Investors hunt for winners in market that for years has lagged behind Wall Street’s rally

To decide whether official statistics are useful, look at what happens when they disappear

Andy Burnham seen as biggest risk to UK government bonds

Low-cost air travel may be a thing of the past as rising fuel prices tip carriers into another crisis

Moscow and Kyiv lose faith in Donald Trump’s diplomacy even in the event of Iran war ending

Almost five years after launching its digital bank Chase in the UK, CEO Jamie Dimon is preparing to take on Germany

Dorothee Blessing, Kevin Foley and Jared Kaye expected to become co-heads of global investment banking

Beijing’s move to block takeover of AI start-up with headquarters in city-state challenges sustainability of ‘Singapore washing’

Alleged mastermind behind multibillion-dollar scandal appears in US filing that lists pardon requests

Negotiations with Beijing on weapons exports to Taipei would break long US precedent

PM due to hold crunch meeting with health secretary Wes Streeting after challenging rivals to launch leadership bids

Lawyer Kyle Diamantas appointed FDA’s acting leader as concerns mount over hantavirus outbreak

Lawmakers demand answers as mounting cost of conflict weighs on the economy

Tencent and Alibaba left behind as investors focus on pure AI plays

Start-up’s CEO takes the stand in legal battle with billionaire

Fund it operates took in fraction of capital from year-ago level as worries mount over potential surge in loan defaults

Cove Kaz Capital has already secured up to $1.6bn in government support for project in Kazakhstan

Abrupt change of plan signals chaotic approach to trade

Draft statement of intent seen as first step towards potential bigger ‘drone deal’

Moscow now expects growth of 0.4% this year compared with previous forecast of 1.3%

April figure marks highest level in three years as effects of conflict reverberate through US economy

A wave of new research suggests Donald Trump is taking significant risks with his assaults on the US Federal Reserve

Silicon Valley encourages the view that the technology is unstoppable — and Trump seems to agree

Rebuff could spur video game retailer’s chief Ryan Cohen to launch hostile bid for online marketplace

Launching into the magic of the Altman-osphere could prove to be quite a windfall

30-year gilt yield at highest this century as cabinet ministers pressure prime minister to consider his position