Developing Nations Expect AI Productivity Boost Soon, UN Finds
By Bloomberg News | May 6, 2025

A new UN report finds that developing nations are optimistic about the potential for artificial intelligence to drive productivity gains in the near future, as global competition in AI intensifies.
Read full article
Elon Musk Lost 25% of Fortune During His Quest to Gut the US Government
By Bloomberg News | April 29, 2025

Tesla paid the price for its CEO’s unprecedented side gig slashing federal bureaucracy under Trump, resulting in a significant drop in Musk’s wealth.
Read full article
Mideast Titans Step Back From AI Model Race as US, China Dominate
By Bloomberg News | May 6, 2025

Major Middle Eastern technology players are scaling back their ambitions in the AI model race, as the US and China continue to dominate the sector.
Read full article
Musk’s Lawyer Says OpenAI Restructuring Update ‘Changes Nothing’
By Bloomberg News | May 6, 2025

Elon Musk’s legal team responded to OpenAI’s recent restructuring update, stating that the changes do not affect their ongoing legal dispute.
Read full article
OpenAI Reaches Agreement to Buy Startup Windsurf for $3 Billion
By Bloomberg News | May 6, 2025

OpenAI has agreed to acquire the AI startup Windsurf for $3 billion, marking a significant expansion in its generative AI capabilities.
Read full article
Microsoft Is Key Holdout for OpenAI Restructuring Plan
By Bloomberg News | May 5, 2025

Microsoft remains a key holdout in the ongoing negotiations over OpenAI’s restructuring plan, potentially impacting the future direction of the AI company.
Read full article
ServiceNow Eyes $1 Billion Revenue for AI Product by 2026
By Bloomberg News | May 5, 2025

ServiceNow projects that its AI product will generate $1 billion in revenue by 2026, reflecting growing enterprise demand for automation solutions.
Read full article
Andreessen-Backed AI Bot Startup 11x Replaces CEO Sukkar
By Bloomberg News | May 5, 2025

AI bot startup 11x, backed by Andreessen Horowitz, has replaced its CEO, signaling a shift in leadership as the company navigates a competitive market.
Read full article
What Trump’s ‘Golden Dome’ Can Learn From Israeli Air Defenses
By Bloomberg News | April 3, 2025

An exclusive look at Israel’s upgraded air defense system reveals lessons for the US as it considers developing a missile shield, inspired by the so-called ‘Golden Dome’ project.
Read full article
DeepSeek Challenges Everyone’s Assumptions About AI Costs
By Bloomberg News | January 28, 2025

Chinese AI platform DeepSeek claims its rival to ChatGPT operates at a fraction of the cost, raising questions about the sustainability of high AI budgets.
Read full article
AI Needs So Much Energy It’s Distorting US Power for Millions of Homes
By Bloomberg News | 2024

Analysis of data from US homes shows a strong link between proximity to data centers and high levels of power distortions, as AI’s energy demands reshape the grid.
Read full article
Masayoshi Son’s Quest to Become the Next Nvidia
By Bloomberg News | December 22, 2024

SoftBank founder Masayoshi Son promises to invest $100 billion in the US as part of a sweeping plan to become a major player in the AI hardware market.
Read full article
How 12 Climate Tech Startups Are Shaping the Energy Transition in a Turbulent World
By Bloomberg News | 2025

The winners of BloombergNEF’s annual Pioneers awards are racing to deploy the next generation of climate solutions, with AI playing a key role in their strategies.
Read full article
Microsoft Expands Carbon Removal Deal With Stockholm Exergi
By Bloomberg News | May 6, 2025

Microsoft has expanded its partnership with Stockholm Exergi to further its carbon removal initiatives, leveraging AI to optimize environmental impact.
Read full article
US Seeks Forced Sale of Google Ad Technology Products
By Bloomberg News | May 6, 2025

The US government is seeking a forced sale of Google’s advertising technology products, citing antitrust concerns in the digital ad market.
Read full article
Palantir Sales Forecast Falls Short of Wall Street’s Hopes
By Bloomberg News | May 5, 2025

Despite strong demand for AI, Palantir’s latest sales forecast did not meet Wall Street expectations, raising questions about the company’s growth trajectory.
Read full article
AI Wants More Data. More Chips. More Real Estate. More Power. More Water. More Everything
By Bloomberg News | December 13, 2024

The rapid expansion of AI is driving unprecedented demand for data, chips, real estate, power, and water, straining global infrastructure and resources.
Read full article
Why AI Is So Expensive
By Bloomberg News | April 30, 2024

A look at the high costs associated with developing and deploying artificial intelligence, from hardware to energy consumption.
Read full article
AI Can Write, But Is It Any Good at Picking Stocks?
By Bloomberg News | July 17, 2023

As AI systems become more advanced, investors are testing whether these tools can outperform humans in stock picking, with mixed results so far.
Tags :
Artificial Intelligence