SoftBank Group Corp. is reportedly in discussions to acquire DigitalBridge Group Inc., a private equity firm focused on data centers, as part of its strategy to capitalize on the growing demand for digital infrastructure driven by artificial intelligence advancements.

The New York Times Co. and the Chicago Tribune have filed a lawsuit against Perplexity AI Inc., alleging that the artificial intelligence startup has been copying and distributing their exclusive content without permission. This legal action is part of a growing trend of copyright disputes involving AI developers and traditional media companies.

US prosecutors have recommended a 12-year prison sentence for Do Kwon, co-founder of Terraform Labs, due to his role in the fraud that resulted in the $40 billion collapse of the TerraUSD stablecoin in 2022. This recommendation highlights the severity of the alleged financial misconduct and its impact on investors and the cryptocurrency market.

Finnish satellite developer Iceye has successfully raised funds at a valuation of €2.4 billion ($2.8 billion), reflecting the growing trend of increased military spending across Europe. This funding is particularly significant as it aligns with the heightened focus on defense capabilities in the region.

Netflix Inc. has agreed to acquire Warner Bros. Discovery Inc. in a landmark deal valued at $72 billion, combining the leading paid streaming service with one of Hollywood's most iconic studios. This acquisition marks a significant shift in the media landscape, as both companies aim to enhance their content offerings and market presence.

Andrew Puzder, the US Ambassador to the EU, has expressed concerns that European Union regulations are hindering the development of artificial intelligence (AI) in Europe. He argues that these regulations are not aligned with the continent's economic interests and are obstructing necessary investments in the AI sector. Puzder shared these views during an interview on Bloomberg TV's 'The Pulse' with Francine Lacqua.

OpenAI's video generator, Sora, has seen a decline in enthusiasm following an initial surge of interest, as reported by Ellen Huet in Bloomberg Technology. The initial creative burst has not sustained user engagement, leading to concerns about the platform's long-term viability.

Wall Street is preparing to lend substantial amounts to major players in artificial intelligence while simultaneously seeking ways to mitigate risks associated with potential market bubbles fueled by this financing. The focus is on balancing investment opportunities with financial prudence in a rapidly evolving sector.

Elon Musk's social media platform, X, has been fined €120 million ($140 million) by the European Union for breaching its content-moderation law, a decision that is expected to heighten tensions with the United States regarding free speech and technology regulations.