Top 10 AI News

Google Reserves Key Search Data for Gemini, Not Rival AI Apps

By Bloomberg News | May 6, 2025

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Google is reportedly keeping its most valuable search data exclusive to its Gemini AI, limiting access for competing AI applications. This move could give Gemini a significant advantage in the rapidly evolving AI market.

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

By Bloomberg News | April 29, 2025

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Elon Musk’s net worth dropped by 25% as Tesla’s stock suffered during his high-profile efforts to reduce federal bureaucracy under the Trump administration.

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AMD Gives Strong Forecast in Sign It’s Gaining Market Share

By Bloomberg News | May 6, 2025

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Advanced Micro Devices (AMD) issued a robust sales forecast, indicating it is capturing more market share in the competitive chip industry, despite ongoing concerns about the Chinese market.

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OpenAI’s For-Profit Overhaul Is Far From Being a Done Deal

By Bloomberg News | May 6, 2025

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OpenAI’s transition to a for-profit structure faces significant hurdles, with internal and external stakeholders debating the future direction of the influential AI company.

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Nvidia CEO Says China AI Market Is on Course to Hit $50 Billion

By Bloomberg News | May 6, 2025

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Nvidia’s CEO predicts that China’s AI market could reach $50 billion, highlighting the country’s rapid advancements and growing demand for AI technologies.

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Microsoft Debuts Lower-End Surface Devices to Push AI Tools

By Bloomberg News | May 6, 2025

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Microsoft has launched more affordable Surface devices aimed at expanding the reach of its AI-powered tools, targeting a broader consumer base.

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General Catalyst Co-Leads AI Funding Deal Valuing Parloa at $1 Billion

By Bloomberg News | May 6, 2025

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General Catalyst has co-led a funding round that values AI startup Parloa at $1 billion, reflecting continued investor enthusiasm for AI-driven companies.

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SoftBank-Backed OakNorth Partners With OpenAI to Expand AI Uses

By Bloomberg News | May 6, 2025

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OakNorth, supported by SoftBank, is collaborating with OpenAI to broaden the application of artificial intelligence in financial services and beyond.

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DeepSeek Challenges Everyone’s Assumptions About AI Costs

By Bloomberg News | 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 current AI spending levels.

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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 new analysis finds that the energy demands of AI data centers are causing significant power distortions for millions of US homes, especially those near major data hubs.

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Masayoshi Son’s Quest to Become the Next Nvidia

By Bloomberg News | December 22, 2024

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SoftBank founder Masayoshi Son is planning a $100 billion investment in US AI ventures, aiming to position his company as a major player in the global AI industry.

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

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Why AI Is So Expensive

By Bloomberg News | April 30, 2024

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A look at the high costs associated with developing and deploying artificial intelligence, from hardware to energy and talent.

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

By Bloomberg News | July 17, 2023

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As AI-generated content becomes more common, questions remain about its effectiveness in financial markets, particularly in stock selection.

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Why AI Is Next Flashpoint in US-China Tech Rivalry

By Bloomberg News | June 29, 2023

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Artificial intelligence has become a central battleground in the ongoing technology competition between the US and China, with both nations vying for dominance.

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AMD, Arm Offer Window Into AI Landscape Ahead of Nvidia Earnings

By Bloomberg News | May 6, 2025

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AMD and Arm’s latest financial results provide insights into the current state of the AI hardware market as Nvidia prepares to release its earnings.

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China’s Pony AI Is Uber’s Latest Robotaxi Partner in Middle East

By Bloomberg News | May 6, 2025

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Uber has partnered with China’s Pony AI to introduce robotaxi services in the Middle East, expanding autonomous vehicle operations in the region.

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Developing Nations Expect AI Productivity Boost Soon, UN Finds

By Bloomberg News | May 6, 2025

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A United Nations report finds that developing countries anticipate significant productivity gains from AI adoption in the near future.

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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 firms are reducing their efforts to develop large AI models, as the US and China continue to lead the global AI race.