Emerging-market funds are pivoting to capture the artificial intelligence craze, with some investors predicting that booming technology spending will drive returns for years to come.

Apple has slow-walked the release of immersive video, creating a conundrum for the Vision Pro. Also: The company’s AI and smart home road maps are revealed; Meta prepares to sell its display glasses for under $1,000; and blood-oxygen tracking returns to Apple devices in the US.

The EU’s efforts to safeguard its digital regulations are holding up a joint statement on trade, following an agreement struck last month in Scotland, the Financial Times reported.

Demand for secondary funds focused on private markets is soaring, in part because some investors are seizing on an accounting quirk that allows them to buy assets at a discount and then revalue them at par.

SoftBank, Dragoneer and Thrive Capital are set to buy OpenAI shares from current and former employees at a $500 billion valuation.

The US Securities and Exchange Commission concluded a case involving the online video-game platform Roblox Corp. in May, according to a document seen by Bloomberg News.

Bloomberg’s Caroline Hyde and Ed Ludlow discuss reports that the Trump administration is eyeing Chips Act funds in order to take a stake in Intel. Plus, Applied Materials shares plunge due to growing trade concerns between the US and China. And OpenAI Chairman of the Board and Sierra CEO Bret Taylor talks about the impact artificial intelligence is having on software and how the OpenAI board is approaching corporate restructuring. (Source: Bloomberg)