Top 10 AI News
SoftBank Profit Doubles After ByteDance, Didi Values Surge
SoftBank’s profit has doubled, driven by a surge in the value of its investments in ByteDance and Didi, as well as resilience in the AI sector. The company continues to benefit from its strategic bets on technology and artificial intelligence.
State AI Regulation Ban Tucked Into Republican Tax, Fiscal Bill
A new Republican tax and fiscal bill includes a provision that would ban state-level regulation of artificial intelligence, potentially reshaping the landscape for AI governance in the US.
Apple to Unveil New AI Tool to Increase iPhone Battery Life
Apple is set to introduce an AI-powered battery management mode in iOS 19, aiming to extend the battery life of iPhones and other devices through smarter energy optimization.
AI Startup Perplexity Nears Funding at $14 Billion Value
Perplexity, an AI search startup, is close to securing new funding that would value the company at $14 billion, reflecting strong investor interest in next-generation search technologies.
Saudi Arabia Launches New AI Firm Ahead of Trump’s Visit
Saudi Arabia has launched a new artificial intelligence company as it prepares for a visit from former US President Donald Trump, signaling the kingdom’s ambitions in the AI sector.
SoftBank Stargate Venture With OpenAI Snags on Tariff Fears
SoftBank’s Stargate venture with OpenAI is facing delays due to concerns over potential tariffs, highlighting the impact of global trade tensions on AI collaborations.
VC Firm Backed by Golub Family Office Starts Mideast-US AI Fund
A venture capital firm supported by the Golub family office has launched a new AI fund to strengthen ties between the Middle East and the US, aiming to drive cross-border innovation.
AI Drug Firm METiS Considering $200 Million Hong Kong IPO, Sources Say
METiS, an AI-driven drug development company, is reportedly considering a $200 million initial public offering in Hong Kong, reflecting growing interest in AI applications in healthcare.
Silicon Valley Is Coming for the Pentagon’s $1 Trillion Budget
The Trump administration is encouraging startups to help remake the US military, setting the stage for a competition over the world’s largest defense budget and the role of AI in national security.
What Trump’s ‘Golden Dome’ Can Learn From Israeli Air Defenses
An in-depth look at Israel’s upgraded air defense system reveals important lessons for the US as it considers developing a missile shield, with AI playing a key role in modern defense strategies.
DeepSeek Challenges Everyone’s Assumptions About AI Costs
Chinese AI upstart DeepSeek claims its rival to ChatGPT operates at a fraction of the cost, raising questions about the sustainability of massive AI budgets and the future of affordable AI.
AI Needs So Much Energy It’s Distorting US Power for Millions of Homes
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.
AI Is Draining Water From the Areas That Need It Most
More than 160 new AI data centers have been built across the US in the past three years, often in regions already facing water scarcity, according to a Bloomberg News analysis.
Google Facing at Least €12 Billion in Civil Claims Across Europe
Google is facing civil claims totaling at least €12 billion across Europe, as regulatory scrutiny and legal challenges mount for the tech giant.
TikTok, Meta Endure Tougher Asia Crackdown as US Efforts Stall
Tech platforms like TikTok and Meta are facing stricter regulations in Asia, even as similar efforts in the US have stalled, highlighting regional differences in tech governance.
AI Wants More Data. More Chips. More Real Estate. More Power. More Water. More Everything
The AI industry is driving demand for more data, chips, real estate, power, and water, creating new challenges for infrastructure and sustainability as the sector expands rapidly.
Why AI Is So Expensive
Artificial intelligence is costly due to the high price of chips, energy, and infrastructure required to train and run large models, making it a significant investment for companies.
AI Can Write, But Is It Any Good at Picking Stocks?
AI systems are increasingly being used to write reports and analyze data, but their effectiveness at picking winning stocks remains under scrutiny.
Why AI Is Next Flashpoint in US-China Tech Rivalry
