Iconiq, a prominent wealth adviser known for serving the tech elite, is reportedly investing billions of dollars into artificial intelligence. This significant investment highlights the growing focus on AI within the financial sector.

Luxury carmaker Bentley is facing difficult times and will cut dozens of jobs due to declining sales in China and new taxes imposed by the United States, despite previously reporting profitability.

Speculation is growing about the potential discontinuation of an iconic Renault model, possibly the 7-seater Austral, with a company spokesperson stating it's 'too early to talk about it'.

Quince has achieved a $10 billion valuation after securing a significant $500 million funding round, led by Iconiq.