Bloomberg News

Take a peek behind the scenes of our news quiz, Pointed, in the Bonus Points newsletter. 📥 Last week's hardest question made people think Squid Game was CoComelon. Read more from Quizmaster Aimee Lucido ⤵️

Nvidia CEO Jensen Huang said the UK was in a sweet spot for AI companies to thrive, but lacks infrastructure. He spoke with UK Prime Minister Keir Starmer at London Tech Week bloom.bg/4mSkQQz

Europe is set for unseasonably warm and humid weather this week, as a stream of hot air is funneled in from North Africa.

Europe gets a bad rap for its tech industry. But check out this collection of 25 startups to watch. In robotics, space, drones, video games and of course AI, these European companies are showing the promise to become global contenders. Mistral AI ElevenLabs Exotec Helsing Nothing Tripledot Studios Wayve Gift link for seven days: https://lnkd.in/g6D4uvBx

At the start of the tech omniconference week, Bloomberg and FFG have put together a list of *25 European Startups That Could Change the World*. Some have been buzzwords for a while - the likes of DeepL, ElevenLabs, Wayve and Synthesia. And some are innovative companies that might not be on your radar yet. Check it out here: https://lnkd.in/ea-bfg6a If you're looking for more, I'm hosting a panel with three of the startups at Founders Forum Global on the Bloomberg Live Stage on Thursday.

L’Oreal is boosting its portfolio in skincare after announcing a deal to buy a majority stake in Medik8, a UK brand that specializes in anti-ageing serums and creams. Interestingly, L’Oreal highlighted its accessible price point in the statement but the brand will join its luxury unit. L’Oreal has a wide offering of skincare brands, ranging from its pricey SkinCeuticals (30ml serum for €172) to more affordable brands like CeraVe or La Roche Posay, all of which are part of its dermatological beauty unit. Private equity Inflexion will remain as a minority investor and the label’s founder Elliot Isaacs will stay on the board. Deal terms weren’t disclosed. Skincare demand soared during the pandemic when consumers stuck at home turned to TikTok and other platforms to seek advice for their wellness routines. Clearly L’Oreal seems to be betting the trend will not go away. #skincare #medik8 #loreal #beauty #mna https://lnkd.in/dnwCxEN5

Thai power producer B.Grimm Power Pcl and Digital Edge DC will jointly invest about $1 billion in a Thailand data center as demand rises for artificial intelligence, cloud computing and other digital services across Southeast Asia.

"Our list highlights both household names and companies that are just emerging, breaking ground in fields including generative AI, space, autonomous vehicles and video games." Congrats to the winners of the Bloomberg News & Founders Forum Group Euro startups to watch - a fascinating, diverse group of newcomers #startups #eu #listicles https://lnkd.in/eMpFhbnH

Banks are increasingly demanding that their employees return to the office. However, in many cases there isn't enough space for everyone. Story with Nicholas Comfort https://lnkd.in/eHPxi3Bs

US President Donald Trump kicked off his second term promising to slash regulation. There are growing signs that this push to streamline the federal rulebook could fulfill one of Wall Street’s longstanding wishes: an easing of capital requirements for banks, specifically the supplementary leverage ratio. From the archive