Top 10 AI News

DOJ Google Antitrust Case Wraps With Generative AI in Spotlight

By Bloomberg News | April 29, 2025

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The US Department of Justice’s antitrust case against Google concludes with a focus on the company’s dominance in generative AI, raising questions about future competition and regulatory oversight in the tech sector.

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Super Micro Plunges After Preliminary Results Miss Estimates

By David Paul Morris/Bloomberg | April 29, 2025

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Super Micro Computer shares dropped sharply after the company reported preliminary financial results that fell short of analyst expectations, highlighting volatility in the tech hardware sector.

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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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Elon Musk’s net worth dropped by 25% as Tesla’s stock suffered amid his controversial role in federal government restructuring under President Trump, reflecting the risks of high-profile executive involvement in politics.

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Morningstar Billionaire Says AI Finance Models Lag in Accuracy

By Bloomberg News | April 29, 2025

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A billionaire at Morningstar claims that current AI models used in finance are not as accurate as needed, suggesting that further innovation and data improvements are required for reliable financial forecasting.

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Meta Launches Standalone AI App to Compete With ChatGPT

By Bloomberg News | April 29, 2025

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Meta has introduced a new standalone AI application designed to rival OpenAI’s ChatGPT, intensifying competition in the generative AI space and expanding consumer options for advanced conversational tools.

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Axel Springer Overhauls Supervisory Board as It Completes Split

By Bloomberg News | April 29, 2025

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Media giant Axel Springer has restructured its supervisory board following a corporate split, signaling a new strategic direction for the company in the evolving digital media landscape.

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Mastercard Gives AI Agents Ability to Shop Online for You

By Bloomberg News | April 29, 2025

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Mastercard has unveiled new AI-powered agents capable of making online purchases on behalf of users, marking a significant step forward in the automation of e-commerce transactions.

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Made-in-USA Wheelbarrows Promoted by Trump Are Now Made in China

By Bloomberg News | April 29, 2025

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Wheelbarrows once touted by Donald Trump as American-made are now being manufactured in China, highlighting ongoing challenges in US manufacturing and global supply chains.

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

By Amir Levy/Getty Images/Bloomberg | April 3, 2025

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An in-depth look at Israel’s advanced air defense system offers insights for the US as it considers developing its own missile shield, with lessons on both the capabilities and limitations of such technology.

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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 startup DeepSeek claims its ChatGPT rival operates at a fraction of the cost, prompting industry-wide questions about the sustainability of current AI spending and business models.

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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 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, raising concerns about energy infrastructure.

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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 US AI infrastructure, aiming to position his company as a major player in the global 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

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Winners of BloombergNEF’s annual Pioneers awards are deploying innovative climate solutions, driving the next phase of the global energy transition despite economic and geopolitical challenges.

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Meta Spars With FTC on Whether TikTok, X, Reddit Are Competitors

By Bloomberg News | April 29, 2025

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Meta is in a legal battle with the FTC over the definition of social network competitors, with the outcome likely to impact regulatory approaches to tech industry competition.

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Thiel Pledges $1.2 Billion of Palantir Shares for Personal Debt

By Bloomberg News | April 29, 2025

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Peter Thiel has pledged $1.2 billion worth of Palantir shares to cover personal debt, underscoring the financial maneuvers of major tech investors.

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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 AI industry’s insatiable demand for resources is reshaping global supply chains, with growing needs for data, chips, power, and water driving new investments and infrastructure challenges.

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Why AI Is So Expensive

By Bloomberg News | April 30, 2024

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A detailed look at the high costs associated with developing and deploying artificial intelligence, from hardware and data to energy and talent, and what it means for the future of the industry.

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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 models become more sophisticated, investors are testing their ability to predict stock market movements, but results remain mixed and highlight the technology’s current limitations.

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Why AI Is Next Flashpoint in US-China Tech Rivalry

By Bloomberg News | June 29, 2023