Top 10 AI News
Meta Launches Standalone AI App in Bid to Compete With ChatGPT
Meta has introduced a new standalone AI application, aiming to challenge OpenAI’s ChatGPT in the rapidly evolving generative AI market. The move signals Meta’s intent to expand its AI offerings and compete directly with leading AI platforms.
Elon Musk Lost 25% of Fortune During His Quest to Gut the US Government
Elon Musk’s net worth dropped by 25% as Tesla’s stock suffered during his involvement in federal bureaucracy reduction efforts under President Trump. The financial impact highlights the risks of high-profile side projects for major tech CEOs.
Axel Springer Overhauls Supervisory Board as It Completes Split
Axel Springer has restructured its supervisory board following the completion of a major corporate split, marking a significant change in the company’s governance and strategic direction.
Mastercard Gives AI Agents Ability to Shop Online for You
Mastercard has unveiled new AI-powered agents capable of making online purchases on behalf of users, streamlining the e-commerce experience and showcasing the growing role of AI in financial services.
Made-in-USA Wheelbarrows Promoted by Trump Are Now Made in China
Wheelbarrows once promoted as American-made by former President Trump are now being manufactured in China, raising questions about supply chains and the realities of global manufacturing.
Microsoft and Amazon Capex in Focus Amid Potential AI Pullback
Investors are closely watching capital expenditures by Microsoft and Amazon as the companies navigate a potential slowdown in AI investment, reflecting broader market uncertainty about the future of AI infrastructure spending.
Prosus CEO Sees Shakeup Coming for Europe’s Delivery Apps
The CEO of Prosus predicts significant changes in the European delivery app market, driven by competition, innovation, and shifting consumer preferences.
What Trump’s ‘Golden Dome’ Can Learn From Israeli Air Defenses
An in-depth look at Israel’s advanced air defense system reveals key lessons for the US as it considers developing its own missile shield, highlighting both the strengths and limitations of current technology.
DeepSeek Challenges Everyone’s Assumptions About AI Costs
Chinese AI platform DeepSeek claims its ChatGPT rival operates at a fraction of the cost, prompting industry-wide questions about the sustainability of massive AI budgets.
AI Needs So Much Energy It’s Distorting US Power for Millions of Homes
A new analysis shows that the rapid expansion of AI data centers is causing significant power distortions in US homes, especially in areas close to these facilities.
Masayoshi Son’s Quest to Become the Next Nvidia
SoftBank founder Masayoshi Son is planning a $100 billion investment in the US as part of an ambitious strategy to rival Nvidia in the AI hardware space.
How 12 Climate Tech Startups Are Shaping the Energy Transition in a Turbulent World
Winners of BloombergNEF’s annual Pioneers awards are deploying next-generation climate solutions, playing a crucial role in the global energy transition.
Meta, FTC Spar at Trial Over What Defines a Social Network
Meta and the US Federal Trade Commission are in court debating the definition of a social network, a case that could have broad implications for tech regulation.
Thiel Pledges $1.2 Billion of Palantir Shares for Personal Debt
Peter Thiel has pledged $1.2 billion worth of Palantir shares to cover personal debt, underscoring the financial maneuvers of high-profile tech investors.
AI Wants More Data. More Chips. More Real Estate. More Power. More Water. More Everything
The AI industry’s insatiable demand for resources is reshaping data center construction, energy consumption, and global supply chains.
Why AI Is So Expensive
A look at the high costs associated with developing and deploying artificial intelligence, from hardware to energy and talent.
AI Can Write, But Is It Any Good at Picking Stocks?
As AI systems become more capable of generating text, questions remain about their effectiveness in financial analysis and stock picking.
Why AI Is Next Flashpoint in US-China Tech Rivalry
Artificial intelligence has become a central issue in the ongoing technology competition between the US and China, with both nations vying for dominance in the field.
