Neros Inc. raised $250 million in a funding round that tripled its valuation to $2.5 billion, money that will boost the defense startup’s drone development and production to meet rising US government demand.

Spotify Technologies SA will begin identifying songs created by artificial intelligence with a new “AI Personas” label.

Bumble Inc. will allow men to make the first move in messaging on its dating app, marking a major reversal from the company’s signature women-go-first model as it seeks to court younger users and deliver on a long-promised turnaround.

The venture firm tosses aside its earlier caution to boost investments in the AI race

India is working to make cross-border payments easier and cheaper while promoting local-currency settlement with its trading partners, Reserve Bank of India Governor Sanjay Malhotra said.

Michael Lewis, CEO of German energy company Uniper, says the firm has identified more than 10 sites that could be sold or leased for use as data centers, with at least two in Germany and one in the UK. He speaks on Bloomberg Television. (Source: Bloomberg)

Horizons Middle East & Africa is your daily spotlight on one of the world's fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg. (Source: Bloomberg)

Norwegian business software provider Visma reported adjusted revenue growing by almost a fifth in the first half, helped by a jump in its customer base.

Uniper SE has identified more than 10 sites across Europe that could be sold or leased for data-center development, as the German utility looks to capitalize on surging demand for AI infrastructure.

Indian lenders need to accelerate adoption of artificial intelligence by investing in technology and infrastructure besides training workers to upskill, central bank Governor Sanjay Malhotra said Tuesday.

Nvidia is becoming the "banker of choice to the AI ecosystem" as it seals $500 billion commitments from Wall Street giants. Meanwhile, Intel is looking at its first share sale since the 1970s. Bloomberg's reporters and market watchers make sense of the multibillion-dollar figures, with one noting the capital raise could be a "double-edged" sword for Nvidia. (Source: Bloomberg)

Titan CFO, Ashok Sonthalia, says the company is planning to add 35 flagship Tanishq stores over the next one to two years. Speaking with Paul Allen on Insight with Haslinda Amin, he also discussed demand trends, the impact of India's higher gold import duty, and margin outlook. (Source: Bloomberg)

VinSpace Joint Stock Co., a unit of Vingroup, signed an agreement with SpaceX to launch its first satellites next year, as it seeks to build a domestic space business spanning satellite manufacturing, operations and data services.

Amkor Technology Inc., a provider of outsourced semiconductor assembly and testing services, is considering options including selling a stake in its China business, according to people with knowledge of the matter.

Intel Corp. raised $20 billion in an upsized share sale, a third more than it was targeting when it announced the deal Monday morning.

Meta CEO Mark Zuckerberg touted his views on artificial intelligence in a 6,500-word essay published Monday, emphasizing his belief that wider access to AI models is key to the industry’s future. Riley Griffin has the five key takeaways. (Corrects spelling of reporter's name.) (Source: Bloomberg)

US investment giants including Apollo Global Management Inc., Blackstone Inc., BlackRock Inc. and Brookfield Asset Management are partnering with Nvidia Corp. to source $500 billion in financing for artificial intelligence infrastructure.

The highly anticipated initial public offering of Unitree Robotics drew huge demand from retail investors as China’s leading humanoid robot maker opened books for an offering that’s set to give it a market valuation of $9 billion.