Snap shares jump after $400mn deal with AI start-up Perplexity
Social media group will integrate the artificial intelligence search engine within its app
Pfizer matches Novo bid for obesity biotech Metsera as takeover battle rages
Sweetened offer is latest escalation of bidding war over US biotech coveted for promising weight-loss treatment
Reform’s Tice asks City to help with overhaul of UK regulation
Party increases its efforts to court financiers and fend off claims its policies are reckless
US and European stocks recover after tech-driven sell-off
Traders ‘buy the pullback’ after US economic data allows markets to move on from previous day’s declines
Op-ed: The fuel for the AI boom driving the markets is advertising. It is also an existential risk.
Joe Marchese, Executive Chairman at Human Ventures, describes a key conundrum facing OpenAI and other AI start-ups as they disrupt the ad tech industry.