Google parent Alphabet will raise $80 billion in equity capital to pay for ambitious artificial intelligence spending plans. Mandeep Singh of Bloomberg Intelligence has more. (Source: Bloomberg)

At least seven Chinese universities that support the country’s armed forces and defense industry are seeking access to Nvidia Corp.’s H200 chips, the most powerful artificial intelligence processors ever allowed by the US to be sold in China, according to a review of procurement records.

Defense startup Mach Industries notched a $1.8 billion valuation in a funding deal to ramp up production of its autonomous aircraft, strike systems and other gear for the Pentagon and allied forces.

Google parent Alphabet Inc. is raising $80 billion through a package of equity offerings, including an investment deal with Berkshire Hathaway Inc., to help fund ambitious and growing artificial intelligence spending plans.

Vast and Axiom Space, both of which are developing commercial successors to the International Space Station, announced plans to expand into Europe as NASA signals it may no longer fund development of multiple future stations in Earth’s orbit.

Hewlett Packard Enterprise Co. shares had their best day ever after the company gave an outlook for annual sales that topped Wall Street’s estimates, citing massive growth in AI-fueled demand for its servers and networking.

Meredith Whitney Advisory Group CEO, Meredith Whitney, discusses the economy, artificial intelligence, credit and housing markets. She speaks with Matt Miller and Dani Burger on “Open Interest.” (Source: Bloomberg)

Surging memory costs are pushing action-camera maker GoPro Inc. to the brink. The company, founded by Nicholas Woodman, warned of risks to its ability to continue as a going concern and is seeking financing to avert a default, according to a latest filing.

For leveraged finance practitioners, artificial intelligence is the only game in town — especially in the absence of more debt deals to finance mergers and acquisitions.

Economist, Author, and Member of the House of Lords Dambisa Moyo discusses the advancements of technology and how it may lead to the diminution of jobs. She points out that there is still so much uncertainty with how the effects of artificial intelligence will be felt. She speaks to Romaine Bostick on “The Close.” (Source: Bloomberg)

Anthropic has confidentially submitted draft paperwork for a public listing, potentially leapfrogging longtime rival OpenAI in the race toward a Wall Street debut as soon as this fall. Edward Ludlow reports. (Source: Bloomberg)

Elon Musk is pitching investors on a company that combines rockets and AI, with a claimed market opportunity of $28.5 trillion - a scale challenging long-held assumptions about how companies are valued, and who ultimately drives stock market demand. Bloomberg's Isabelle Lee joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)

Bloomberg’s Caroline Hyde and Ed Ludlow discuss Nvidia's next target: the PC. A new AI chip sends Nvidia and related stocks soaring while rivals slide after Jensen Huang's Computex keynote. Plus, all eyes on SpaceX as the upcoming mega IPO is already reshaping Wall Street. And, what to expect from New York Tech Week, kicking off today. (Source: Bloomberg)

Evelyn Webster has been named the new chief executive officer of the company behind Crime Junkie

Apple Inc. is planning a new service for the iPhone that will let users split bills for group dinners or other events, expanding its push into everyday financial tools and challenging third-party apps.

The next AI race is in the physical world, according to Nvidia's Jensen Huang, and Luma AI listened. The company is announcing the launch of an open research lab that will allow anyone to train robots on its software. Luma AI CEO Amit Jain joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)

New York Tech Week kicks off with a record 1,500 events, gathering thousands of founders, venture capitalists, and innovators across the city. Julie Samuels, president and CEO of Tech:NYC, joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech" to discuss the city's rising status as a global tech hub. (Source: Bloomberg)

Humanoid robots are improving fast, but usefulness remains the biggest hurdle, explains Bloomberg Opinion columnist Catherine Thorbecke. (Source: Bloomberg)

A seemingly boundless rally in space-related firms is showing further signs of weakness, with several stocks stumbling for a second day on Monday, as the public debut of Elon Musk’s SpaceX looms.

Anthropic PBC has confidentially submitted draft paperwork for a public listing as it races longtime rival OpenAI to make a Wall Street debut as soon as this fall. Anthony Hughes and James Seyffart have more on "Bloomberg ETF IQ." (Source: Bloomberg)