UK’s National Gallery will use 0 million in donations for a new wing and expanded collection

UK’s National Gallery will use $500 million in donations for a new wing and expanded collection

LONDON — Britain’s National Gallery announced Tuesday that it will use a whopping 375 million pounds ($510 million) in donations to open a new wing that, for the first time, will include modern art. Founded in 1824, the gallery has amassed a centuries-spanning collection of Western paintings by artists from Leonardo da Vinci to J.M.W…

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After TikTok, Chinese businesses like Kling ramp up AI for video

After TikTok, Chinese businesses like Kling ramp up AI for video

Kuaishou’s Kling AI platform generates video from text and still images. Nurphoto | Nurphoto | Getty Images BEIJING — China’s video-heavy entertainment world has yielded a trove of data for companies — and they’re now ramping up money-making artificial intelligence tools for generating ads and film clips. TikTok parent ByteDance holds the first and third…

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How the rich invest in gold, from fractional bars to Swiss vaults

How the rich invest in gold, from fractional bars to Swiss vaults

An employee handles one kilogram gold bullions at the YLG Bullion International Co. headquarters in Bangkok, Thailand, Dec. 22, 2023. Chalinee Thirasupa | Bloomberg | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions,…

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5 things to know before the bell Monday

5 things to know before the bell Monday

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Monday. My alma mater is in tonight’s March Madness championship game. While I’m not a big sports person, I have too many friends whose brackets depend on this game to not mention the Wolverines. S&P 500 futures are higher this morning…

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