Scale AI raised $1 billion in one of the year’s largest deals Startup helps tech firms improve data for building AI tools Scale AI Inc., a startup that helps top tech companies improve the data used to build artificial intelligence products, has roughly doubled its...

Turkey faces ‘existential threat’ of declining population Decrease comes despite new laws to encourage procreation Turkish President Recep Tayyip Erdogan’s campaign to ensure sustainable economic growth by nurturing a larger and younger population faces a grave...

Firms of all stripes are preparing for the imminent shift to faster US stock settlement — and the issues it may bring. When US markets reopen next Tuesday after the long weekend, everything will likely seem normal. It’s only after the close and in the following days...

Japan saw sevenfold increase in money lost in latest quarter Government to announce measures to counter scams next month As Japan’s stock market booms, something else is also on the rise in the nation: investment scams. Criminals have been quick to exploit the...

Science minister Donelan says agreements will be brokered Countries are taking differing approaches to AI regulation The UK government said it would use a major summit in South Korea this week to make a fresh push on reducing the risks around artificial intelligence,...

Nio taking some 295 days to pay suppliers, up from 197 in 2021 Smaller suppliers to feel particularly harsh knock-on effects The time it’s taking for some of China’s electric-car makers to pay suppliers is ballooning — a further sign of stress in the nation’s...

These funds are now front-running the biggest upcoming investment trend with something more predictable than inside information, and this is what they’re betting on. Have you ever wondered how venture capital firms (VCs), private equity, and investment banks always...

Industrial output fuels two-speed recovery while retail lags Exports-driven growth threatened by mounting trade tensions China’s economic recovery tilted even further toward manufacturing, leaving it more vulnerable to trade barriers and highlighting the stakes of a...

Month-on-month declines in April were steepest in a decade Government is seeking to address excess housing inventories China’s home prices fell at a faster pace in April, underscoring why the government is stepping up efforts to tackle the years-long property crisis....

Authorities cut minimum down-payment ratio for homebuyers Bloomberg gauge of Chinese real estate stocks rises 9.9% Shares of Chinese property developers extended a rally after Beijing announced forceful measures to shore up the beleaguered property market. A Bloomberg...

The company tells the tech industry in a letter that "unauthorized use" of its music to train AI models "infringes our intellectual property"Sony Music warned tech companies not to mine its recordings, compositions, lyrics and more “for any purposes, including in...

New home construction increased in April after down revisions Proxy for future building fell to lowest since the end of 2022 New US home construction rose by less than forecast in April and permits for new activity dropped, suggesting the recent rise in mortgage rates...

Dating app Bumble is in a scramble to remove a series of ads arguing that celibacy is not the solution to women’s dating problems after it was called out on social media. The billboards, which included messages like, “You know full well a vow of celibacy is not the...

GDP data for last quarter of 2023 revised to show no growth Consumption, business investment, net exports all exert drag Japan’s economy shrank in the first quarter as consumers and companies cut spending, extending a dismal performance that stretches back to last...