In a surprising turn at a major San Francisco AI event, Perplexity faced sharp criticism and was labeled “Most Likely to Fail.” Attendees expressed concerns about its sustainability and the broader implications for the competitive AI industry.

UBS analysts describe the latest U.S.–China discussions as “modestly positive,” sparking optimism in global markets. Though no formal deals emerged, reduced tensions and robust AI-driven growth continue to underpin equity rallies on both sides of the Pacific.