President Donald Trump called Nvidia CEO Jensen Huang during the All-In Summit, and Huang put the call on speakerphone while Trump defended artificial intelligence and characterized concerns about AI safety as a “hoax,” saying the U.S. had to beat China in AI innovation and development.

Microsoft on Monday unveiled a draft code of conduct for its in-house artificial intelligence intended to keep its AI under human control, reflecting growing industry concern about how companies manage AI.

Amazon has suspended its partnership with cargo carrier 21 Air after one of the carrier's planes careened off a Miami runway last week and killed five people.

Bank of America Corp DE purchased a new stake in Capital One Financial during the second quarter, acquiring 7,154,376 shares and taking a $1.44 billion position, according to its most recent Form 13F filing.

Bank of America expects its investment banking fees to drop by at least 10% in the third quarter while sales and trading revenue will be flat, the company said.

Goldman Sachs Asset Management, Franklin Templeton, and Fidelity International Ltd. are among the global investors said to plan participation as anchor investors in the NSE IPO.