Goldman Sachs and Nomura say about half of April's Chinese export growth came from AI-related goods, with total exports at a record $359bn.
Ilya Sutskever testified his OpenAI stake is worth ~$7bn, placing him among the largest individual shareholders of the AI company.
ServiceNow is looking to raise $4bn in a US high-grade bond sale to refinance the term loan funding its $7.75bn Armis Security acquisition.
The US Commerce Department has removed details of its AI security-test deal with Microsoft, Google, and xAI from its website without explanation.
Ursula von der Leyen says the EU's age-verification app is ready and Commission-led rules on minimum social-media ages for children are next.
London fintech Adfin has raised $18m in Series A funding led by Index Ventures to scale its agentic money-movement platform for SMEs.
Dutch health-tech Ditto has raised €7.6m led by Heal Capital to expand its patient-side AI consultation-summary app to Germany, the UK and Spain.
Paymentology has raised $175m from Apis Partners and Aspirity Partners to scale its global issuer-processor platform across 68 countries.
Nscale has secured $790m of debt financing from ABN AMRO, DNB, Eksfin, Nordea and SEB for its AI data centre in Narvik, Norway.
Happl has raised $11m in Series A funding led by Portage Ventures to scale its AI-native global benefits operating system across 160 countries.
GitLab will flatten management, cut its country footprint by 30%, and reorganise R&D into 60 teams. CEO Bill Staples says savings will be reinvested in AI agents.
Wise began trading on Nasdaq under ticker WSE after moving its primary listing from London. The fintech processed $243B in cross-border volume and is pursuing a US banking charter.