Stellantis NV is considering tapping electric-vehicle technology from its Chinese partner Leapmotor to help lower costs across its mass-market European brands such as Fiat, Opel and Peugeot, according to people familiar with the plans.

AI coding agents promised to make software development easier. Instead they’ve kicked off a high-pressure race to build at any cost.

Equity analysts still attach attractive valuations to many European stocks at the heart of the selloff over artificial intelligence disruption fears, revealing a sharp contrast with investors over how to assess companies in the frontlines of the AI reckoning.

Bruce Richards, CEO, Chairman and Co-Founder of Marathon Asset Management on Private Credit's exposure to the software industry. He says 'software will survive, but the multiples that they trade at are contracted and stay that way for a while'. Richards speaks to Bloomberg's Anna Edwards and Lizzy Burden on 'The Opening Trade', (Source: Bloomberg)

Private equity firm Summit Partners is investing $122 million in Montreal’s Stay22 Technologies Inc., a startup that offers technology to help publishers and creators earn money from online sales.

Microsoft Corp. is compliant with Japan’s antitrust watchdog and its inquiry, the chief of its local unit said, as the company fields an investigation over possible anti-competitive practices involving the Azure cloud services.

Marathon Asset Management founder and CEO Bruce Richards says private credit is too exposed to the software industry, telling Bloomberg Television there is a risk that defaults in software-exposed private credit markets could reach more than 15%. (Source: Bloomberg)

Baidu Inc. reported a drop in its revenue for the third consecutive quarter, underscoring the magnitude of weakness in its core advertising and AI businesses.