AI REVIVAL POWERS STOCKS TOWARD RECORD HIGHS
■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE
Stock markets advanced toward all-time highs as renewed interest in artificial intelligence drove investor momentum. Peace negotiations for an ongoing global conflict also bolstered market sentiment.
■ MORE FROM THE BUSINESS DESK
Flock Safety, the camera network company facing criticism over surveillance proliferation and misuse allegations, is considering a sale and has engaged preliminary talks with outside advisers, according to sources.
DoorDash spent $1.4 million opposing NYC mayoral candidate Sumit Mamdani, whose administration later secured a wage theft settlement from the delivery company. The spending reveals corporate attempts to influence local politics ahead of regulatory scrutiny.
Bessemer Venture Partners has closed a new $5.75 billion fund dedicated to AI startups. The firm argues that AI-native companies are growing faster than any previous technology.
1789 Capital, the investment firm where Donald Trump Jr. serves as a partner, has secured $2 billion of its $3 billion target for its second growth fund, according to Bloomberg.