Top 10 AI News

Developing Nations Expect AI Productivity Boost Soon, UN Finds

By Bloomberg News | May 6, 2025

World-Audio-Visual-Entertainment-Summit-2025

A new UN report finds that developing nations anticipate significant productivity gains from artificial intelligence in the near future, as global competition in AI intensifies between the US and China.

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

By Bloomberg News | April 29, 2025

Inauguration Of Donald Trump As 47th President Of The United States

Tesla paid the price for its CEO’s unprecedented side gig slashing federal bureaucracy under Trump, resulting in a 25% drop in Elon Musk’s wealth.

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

By Bloomberg News | May 6, 2025

OpenAI

Major Middle Eastern technology players are pulling back from the race to develop large AI models, as the US and China continue to dominate the sector.

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

By Bloomberg News | May 6, 2025

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

Elon Musk’s legal team responded to OpenAI’s recent restructuring announcement, stating that the changes do not address their core 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

Advanced Generative AI Tools

OpenAI has agreed to acquire Windsurf, a startup specializing in generative AI tools, for $3 billion, as major tech companies urge lawmakers to avoid heavy-handed regulation.

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Microsoft Is Key Holdout for OpenAI Restructuring Plan

By Bloomberg News | May 5, 2025

Key Speakers at the AI Action Summit in Paris

Microsoft is reportedly the main holdout in negotiations over OpenAI’s restructuring plan, highlighting tensions among the company’s key stakeholders.

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ServiceNow Eyes $1 Billion Revenue for AI Product by 2026

By Bloomberg News | May 5, 2025

Inside The Nvidia GPU Technology Conference

ServiceNow projects that its AI product will generate $1 billion in revenue by 2026, reflecting the growing demand for enterprise AI solutions.

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Andreessen-Backed AI Bot Startup 11x Replaces CEO Sukkar

By Bloomberg News | May 5, 2025

Laptop programmer hands coding at night

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

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

By Bloomberg News | April 3, 2025

Near Israel-Lebanon Border, Barrages Continue Despite Calls For Ceasefire

An exclusive look at Israel’s upgraded air defense system reveals lessons for the US as it considers implementing a missile shield, dubbed the ‘Golden Dome’.

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DeepSeek Challenges Everyone’s Assumptions About AI Costs

By Bloomberg News | January 28, 2025

DeepSeek Shakes Up Stocks as Traders Question US Tech Valuations

Chinese upstart DeepSeek claims its rival to ChatGPT operates at a fraction of the cost, raising 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

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

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 surge.

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Masayoshi Son’s Quest to Become the Next Nvidia

By Bloomberg News | December 22, 2024

SoftBank Group CEO Masayoshi Son Attends AGM

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.

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

By Bloomberg News | 2025

How 12 Climate Tech Startups Are Shaping the Energy Transition

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.

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Microsoft Expands Carbon Removal Deal With Stockholm Exergi

By Bloomberg News | May 6, 2025

Microsoft Expands Carbon Removal Deal With Stockholm Exergi

Microsoft has expanded its partnership with Stockholm Exergi to further its carbon removal initiatives, leveraging AI to optimize environmental impact.

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US Seeks Forced Sale of Google Ad Technology Products

By Bloomberg News | May 6, 2025

US Seeks Forced Sale of Google Ad Technology Products

The US government is pushing for the forced sale of Google’s advertising technology products, citing antitrust concerns in the digital ad market.

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Palantir Sales Forecast Falls Short of Wall Street’s Hopes

By Bloomberg News | May 5, 2025

Palantir headquarters in Palo Alto, California, in 2023.

Despite strong demand for AI, Palantir’s latest sales forecast did not meet Wall Street expectations, raising questions about the company’s growth trajectory.

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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

AI

The rapid expansion of AI is driving unprecedented demand for data, chips, real estate, power, and water, straining infrastructure and resources worldwide.

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Why AI Is So Expensive

By Bloomberg News | April 30, 2024

Nvidia Products and Offices In Taipei

A deep dive into the costs behind artificial intelligence reveals why building and running advanced AI systems is so expensive, from hardware to energy consumption.

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AI Can Write, But Is It Any Good at Picking Stocks?