Top 10 AI News

US to Keep China Chip Curbs, Spurning Nvidia’s Call for Relief

By Bloomberg News | May 21, 2025

News Image

The US government has decided to maintain its restrictions on chip exports to China, rejecting Nvidia’s request for relief. The move is expected to impact the global semiconductor industry and US-China tech relations.

Read full article

OpenAI to Buy AI Device Startup From Apple Veteran Jony Ive in $6.5 Billion Deal

By Bloomberg News | May 21, 2025

News Image

OpenAI is set to acquire an AI device startup founded by former Apple designer Jony Ive for $6.5 billion, marking a significant expansion into hardware for the AI company.

Read full article

AI Advances Are Accelerating, and We’re Not Ready

By Bloomberg News | May 20, 2025

News Image

Rapid advancements in artificial intelligence are outpacing society’s ability to adapt, raising concerns about economic and societal impacts as AI becomes more integrated into daily life.

Read full article

BlackRock Adds to AI-Stocks Bet in $160 Billion Model Portfolios

By Bloomberg News | May 21, 2025

News Image

BlackRock has increased its investments in AI-related stocks within its $160 billion model portfolios, reflecting growing confidence in the sector’s long-term potential.

Read full article

Chatbot Arena Group Goes From Academic Project to $600 Million Startup

By Bloomberg News | May 21, 2025

News Image

The Chatbot Arena Group, which began as an academic project, has rapidly grown into a $600 million startup, highlighting the commercial potential of AI-driven conversational platforms.

Read full article

Palo Alto Tumbles to Lowest in a Year Following Earnings Report

By Bloomberg News | May 21, 2025

News Image

Shares of Palo Alto Networks fell to their lowest point in a year after the company’s latest earnings report, raising questions about the cybersecurity sector’s growth prospects.

Read full article

EU Sends New Trade Proposal to US in Step to Secure Deal

By Bloomberg News | May 21, 2025

News Image

The European Union has sent a new trade proposal to the United States, aiming to advance negotiations and secure a comprehensive trade agreement.

Read full article

Bank Startup Airwallex Valued at $6.2 Billion With New Funding

By Bloomberg News | May 21, 2025

News Image

Airwallex, a banking startup, has reached a valuation of $6.2 billion after securing new funding, underscoring investor interest in fintech and digital banking solutions.

Read full article

Baidu Posts Surprise Sales Jump in Worsening China AI Battle

By Bloomberg News | May 21, 2025

News Image

Baidu reported an unexpected increase in sales, defying the challenging environment of China’s intensifying AI competition.

Read full article

Silicon Valley Is Coming for the Pentagon’s $1 Trillion Budget

By Bloomberg News | May 21, 2025

News Image

Startups in Silicon Valley are targeting the US military’s massive budget, as the government seeks to modernize defense with new technologies and AI-driven solutions.

Read full article

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

By Bloomberg News | April 3, 2025

News Image

An in-depth look at Israel’s advanced air defense system offers insights for the US as it considers developing its own missile shield, known as the ‘Golden Dome’.

Read full article

DeepSeek Challenges Everyone’s Assumptions About AI Costs

By Bloomberg News | January 28, 2025

News Image

Chinese AI platform DeepSeek claims its technology can rival ChatGPT at a fraction of the cost, prompting a reevaluation of the economics behind large-scale AI deployments.

Read full article

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

By Bloomberg News | 2024

News Image

A new analysis reveals that the energy demands of AI data centers are causing significant power distortions in US homes, especially near major data hubs.

Read full article

Inside the First Stargate AI Data Center

By Bloomberg News | May 20, 2025

News Image

OpenAI, Oracle, and SoftBank have launched the first Stargate AI data center in Texas, aiming to set a new standard for AI infrastructure across the US.

Read full article

AI Wants More Data. More Chips. More Real Estate. More Power. More Water. More Everything

By Bloomberg News | December 13, 2024

News Image

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

Read full article

Why AI Is So Expensive

By Bloomberg News | April 30, 2024

News Image

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

Read full article

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

By Bloomberg News | July 17, 2023

News Image

As AI systems become more capable of generating text, questions remain about their effectiveness in financial markets, particularly in stock picking.

Read full article

Why AI Is Next Flashpoint in US-China Tech Rivalry

By Bloomberg News | June 29, 2023

News Image

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

Read full article

UAE Releases Falcon Arabic AI Model To Outcompete Mideast Rivals

By Bloomberg News | May 21, 2025

News Image

The United Arab Emirates has launched the Falcon Arabic AI model, aiming to surpass regional competitors and establish itself as a leader in AI innovation in the Middle East.