Top 10 AI News

Developing Nations Expect AI Productivity Boost Soon, UN Finds

By Bloomberg News | May 6, 2025

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A new UN report finds that developing nations anticipate significant productivity gains from artificial intelligence in the near future, as global adoption accelerates and technology becomes more accessible.

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Mideast Titans Step Back From AI Model Race as US, China Dominate

By Bloomberg News | May 6, 2025

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Major Middle Eastern technology players are scaling back their ambitions in the AI model race, as the US and China continue to dominate the development and deployment of advanced artificial intelligence systems.

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Elon Musk Lost 25% of Fortune During His Quest to Gut the US Government

By Chip Somodevilla/Getty Images/Bloomberg | April 29, 2025

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Elon Musk’s net worth dropped by a quarter as Tesla’s stock suffered during his high-profile efforts to reduce federal bureaucracy under President Trump, highlighting the risks of CEO activism in politics.

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Musk’s Lawyer Says OpenAI Restructuring Update ‘Changes Nothing’

By Bloomberg News | May 6, 2025

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Elon Musk’s legal team responded to OpenAI’s recent restructuring announcement, stating that the changes do not affect Musk’s ongoing legal claims or concerns about the company’s direction.

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OpenAI Reaches Agreement to Buy Startup Windsurf for $3 Billion

By Bloomberg News | May 6, 2025

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OpenAI has agreed to acquire Windsurf, a promising AI startup, for $3 billion, marking one of the largest deals in the sector and signaling continued consolidation in the artificial intelligence industry.

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Microsoft Is Key Holdout for OpenAI Restructuring Plan

By Bloomberg News | May 5, 2025

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Microsoft remains the primary holdout in OpenAI’s proposed restructuring plan, raising questions about the future of the partnership and the direction of AI development at both organizations.

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ServiceNow Eyes $1 Billion Revenue for AI Product by 2026

By Bloomberg News | May 5, 2025

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ServiceNow projects that its AI-powered product line will generate $1 billion in revenue by 2026, reflecting growing enterprise demand for automation and intelligent workflow solutions.

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Andreessen-Backed AI Bot Startup 11x Replaces CEO Sukkar

By Bloomberg News | May 5, 2025

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AI startup 11x, backed by Andreessen Horowitz, has replaced its CEO, signaling a shift in leadership as the company navigates rapid growth and increased competition in the AI bot market.

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FCC’s Carr Calls for Spectrum, AI Leadership in China Race

By Bloomberg News | May 5, 2025

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FCC Commissioner Brendan Carr urges the US to prioritize spectrum allocation and AI leadership to maintain a competitive edge over China in the global technology race.

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What Trump’s ‘Golden Dome’ Can Learn From Israeli Air Defenses

By Amir Levy/Getty Images/Bloomberg | April 3, 2025

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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, dubbed the ‘Golden Dome’ under the Trump administration.

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DeepSeek Challenges Everyone’s Assumptions About AI Costs

By Andrey Rudakov/Bloomberg | January 28, 2025

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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.

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AI Needs So Much Energy It’s Distorting US Power for Millions of Homes

By Bloomberg News | 2024

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A Bloomberg analysis finds that the rapid expansion of AI data centers is causing significant power distortions in US homes, especially in areas close to these facilities.

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Masayoshi Son’s Quest to Become the Next Nvidia

By Kosuke Okahara/Bloomberg | December 22, 2024

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SoftBank founder Masayoshi Son pledges to invest $100 billion in the US, aiming to transform his company into a global AI powerhouse and rival Nvidia’s dominance.

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How 12 Climate Tech Startups Are Shaping the Energy Transition in a Turbulent World

By Bloomberg News | 2025

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Winners of BloombergNEF’s annual Pioneers awards are deploying next-generation climate solutions, driving innovation in the global energy transition.

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Microsoft Expands Carbon Removal Deal With Stockholm Exergi

By Bloomberg News | May 6, 2025

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Microsoft has expanded its partnership with Stockholm Exergi to increase carbon removal efforts, reinforcing its commitment to sustainability and climate action.

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US Seeks Forced Sale of Google Ad Technology Products

By Bloomberg News | May 6, 2025

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The US government is pushing for a forced sale of Google’s advertising technology products, escalating regulatory scrutiny of the tech giant’s dominance in digital ads.

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Palantir Sales Forecast Falls Short of Wall Street’s Hopes

By Bloomberg News | May 5, 2025

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Palantir’s latest sales forecast disappointed investors, despite the company’s claims of ‘ravenous’ demand for its AI-driven products and services.

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AI Wants More Data. More Chips. More Real Estate. More Power. More Water. More Everything

By Bloomberg News | December 13, 2024

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The AI industry’s insatiable appetite for resources is driving demand for more data, chips, real estate, power, and water, raising concerns about sustainability and infrastructure.

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Why AI Is So Expensive

By Bloomberg News | April 30, 2024