StackBlitz Inc., the maker of developer tool Bolt.new, is finalizing talks to raise money from investors at a $700 million valuation, its chief executive officer said — the latest deal for an artificial intelligence startup promising to change computer programming and coding.

<p>The software giant was previously the exclusive cloud provider for OpenAI and now retains right of first refusal.</p>

<p>The new administration is encouraging more investment, with less focus on safety and climate concerns.&nbsp;</p>

Elon Musk said in a court filing that the US Federal Trade Commission’s concern over Microsoft Corp.’s $13 billion investment in OpenAI “confirms” the billionaire’s claims that the pact between the startup and technology giant is anticompetitive.

President Donald Trump said he would be open to billionaire supporter Elon Musk or Oracle Corp. Chairman Larry Ellison purchasing social video app TikTok as part of a joint venture with the US government.

Former IMF Deputy Managing Director & Former PBOC Deputy Governor Min Zhu sat down with Bloomberg's Haslinda Amin on the sidelines of of the World Economic Forum in Davos and spoke about the global economy and relationship between China and the US. He said that it's fundamentally important to understand that "there's a lot of mutual interests between the US and China" and they can work together. (Corrects description to show guest is former IMF deputy managing director.) (Source: Bloomberg)

Asian futures broadly pointed to gains after US stocks climbed on expectations President Donald Trump’s administration will lift restrictions on businesses and energy production, boosting the outlook for Corporate America.

The dollar strengthened against major peers Wednesday after President Donald Trump reiterated he was weighing a 10% tariff on China.

Oil held losses as President Donald Trump threatened a tariff on China, raising concerns over trade wars on several fronts after the president said he may slap hefty levies on Canada and Mexico.

Goldman Sachs Group Inc. is promoting a slate of star executives to run its biggest Wall Street business lines, spotlighting the firm’s next generation of leadership.