Top 10 AI News

BlackRock, Citi CEOs to Visit Saudi Arabia Along With Trump

By Valerie Plesch/Bloomberg | May 6, 2025

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Top executives from BlackRock and Citi are set to visit Saudi Arabia alongside former President Donald Trump, highlighting ongoing business and political ties between the US and the kingdom.

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Developing Nations Expect AI Productivity Boost Soon, UN Finds

By Indranil Aditya/AFP/Getty Images | May 6, 2025

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A new UN report finds that developing nations are optimistic about the potential for artificial intelligence to drive productivity gains in the near future, despite challenges in infrastructure and access.

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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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Tesla CEO Elon Musk saw a significant drop in his wealth as he took on an unprecedented role in reducing federal bureaucracy under Trump, impacting Tesla’s performance and his personal fortune.

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

By Bloomberg | 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 AI systems.

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

By Bloomberg | May 6, 2025

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Elon Musk’s legal team has stated that recent updates to OpenAI’s restructuring plans do not alter their position in the ongoing legal dispute, maintaining their stance on the company’s direction.

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OpenAI Reaches Agreement to Buy Startup Windsurf for $3 Billion

By Bloomberg | May 6, 2025

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OpenAI has agreed to acquire the startup Windsurf for $3 billion, aiming to bolster its capabilities and expand its portfolio in the rapidly evolving AI sector.

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Microsoft Is Key Holdout for OpenAI Restructuring Plan

By Bloomberg | May 5, 2025

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Microsoft remains a key holdout in the negotiations over OpenAI’s restructuring plan, with the tech giant’s position potentially shaping the future direction of the AI company.

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ServiceNow Eyes $1 Billion Revenue for AI Product by 2026

By Bloomberg | May 5, 2025

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

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Andreessen-Backed AI Bot Startup 11x Replaces CEO Sukkar

By Bloomberg | May 5, 2025

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

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

By Amir Levy/Getty Images | April 3, 2025

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

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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 rival to ChatGPT operates at a fraction of the cost, prompting a reevaluation of the high budgets typically associated with advanced AI development.

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

By Bloomberg | 2024

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A Bloomberg analysis shows that the energy demands of AI data centers are causing significant power distortions for millions of 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 is planning a $100 billion investment in the US as part of a bold strategy to position himself as a major player in the global AI chip market.

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

By Bloomberg | 2025

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Winners of BloombergNEF’s annual Pioneers awards are deploying next-generation climate solutions, playing a crucial role in the global energy transition.

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Microsoft Expands Carbon Removal Deal With Stockholm Exergi

By Bloomberg | May 6, 2025

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

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US Seeks Forced Sale of Google Ad Technology Products

By Bloomberg | May 6, 2025

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The US government is seeking a forced sale of Google’s advertising technology products, intensifying regulatory scrutiny on the tech giant’s dominance in digital advertising.

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Palantir Sales Forecast Falls Short of Wall Street’s Hopes

By Bloomberg | May 5, 2025

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Palantir’s latest sales forecast has disappointed Wall Street, despite the company reporting strong 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 | December 13, 2024

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The rapid expansion of AI is driving unprecedented demand for data, chips, real estate, power, and water, raising concerns about sustainability and resource allocation.

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Why AI Is So Expensive

By Bloomberg | April 30, 2024

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