Point72 Asset Management’s new AI-focused stock-picking fund has delivered gains of about 30% this year as hype around the technology fueled a surge in AI-linked corporate valuations.

Apple Inc. has faced plenty of criticism from Wall Street for not spending as aggressively on artificial intelligence as its Big Tech rivals. But that strategy is suddenly a blessing for the iPhone maker.

Microsoft Corp. will spend $10 billion on an artificial intelligence data center along the Portuguese coast, marking one of its largest European investments this year, the company said.

Adyen NV expects net revenue growth at about 20% in any given year post 2026, it said Tuesday, handing investors a fresh yardstick to judge the Dutch payment processor’s growth trajectory.

SoftBank Group Corp. sold its entire stake in Nvidia Corp., pocketing $5.83 billion to help bankroll envisioned AI investments at a time investors are questioning the sheer amounts of capital chasing a technology with uncertain future returns.

Hungry for cash to keep pace with Russia, and with western allies seeking to build up their drone arsenals, Ukraine’s defense companies say exports are finally on the agenda.

Saudi fintech startup Lean Technologies is exploring new investments as it seeks to expand its product offerings ahead of a possible public listing.

AI agent builder Genspark Inc. has secured more than $200 million from investors including LG Group’s investment arm in its latest funding round, becoming the newest billion-dollar startup in the artificial intelligence arena.