Euro zone private sector activity shrinks at fastest rate in 18 months in May, survey shows

Goldman Sachs: AI investment boom is 'fundamental, generational' phenomenon driving markets, says global head of alternatives origination Christina Minnis.

Christina Minnis, global head of the alternatives origination group at Goldman Sachs, said the boom in AI investment is a fundamental, generational phenomenon that is driving markets and filtering through to the economy at large.

Morgan Stanley warns AI-driven 'chipflation' is spreading from data centers to wider economy

Morgan Stanley warns that 'chipflation' driven by AI demand is spreading from data centers to the broader economy.

Collate raises $95M led by Redpoint at ~$1B valuation, total funding now $125M. The startup uses AI to automate paperwork for life sciences firms.

Collate, which develops AI tools for life sciences companies, raised $95M in funding led by Redpoint, reaching a valuation of approximately $1B, bringing total funding to $125M.

Ukraine tax authority: Thousands of bogus companies involved in massive capital flight scheme worth $4.5 billion.

Ukraine's State Tax Service has reported that more than 2,300 companies engaged in over Hr 198 billion ($4.5 billion) in foreign trade transactions and then largely vanished, in what it describes as a massive capital flight scheme, according to head Lesya Karnaukh.