Databricks Inc. is in talks to raise funds at a valuation north of $130 billion, the Information reported, underscoring persistent interest in the providers of AI tools despite growing warnings of an industry bubble.

The Apple Inc. designer who helped develop the iPhone Air — and even starred in its introduction video — has left, marking the latest setback for the company’s design group.

The US Federal Trade Commission has ended its review of SoftBank Group Corp.’s acquisition of semiconductor designer Ampere Computing LLC, removing an obstacle to the $6.5 billion deal.

Xiaomi Corp. has gone from market darling to the worst-performing Chinese technology stock in just a few short months, and a quick comeback looks challenging amid headwinds in the smartphone and electric vehicle markets.

General Atlantic completed its first growth equity investment in Japan and plans to do more, citing an increase in entrepreneurship in a country long considered a backwater for startups.

Arm Holdings Plc plans to start incorporating Nvidia Corp.’s NVLink technology into chip designs for AI data centers, tightening the relationship between two influential semiconductor companies.

Bloomberg’s Caroline Hyde discusses the move by Peter Thiel’s hedge fund to sell its holdings in Nvidia and its stock impact ahead of earnings. Plus, the crypto market selloff shows no signs of easing, and some of the riskiest tokens are bearing the brunt of it. And Amazon is seeking to raise about $12 billion through a debt offering, amid an industry-wide race to build AI infrastructure. (Source: Bloomberg)

The rapid advance of financial-technology companies in Africa could help traditional lenders enhance their customer service, said the chief executive officer of Rand Merchant Bank, a unit of FirstRand Ltd., Africa’s biggest bank by market capitalization.