Top 10 AI News
Xcel CEO Says AI Power Needs Raise Prospect of New Large Nuclear
The CEO of Xcel Energy highlights that the surging power demands from artificial intelligence could accelerate the need for new large-scale nuclear power plants in the US, as data centers and AI applications drive up electricity consumption.
Apple Posts Disappointing China Sales, Warns of Tariff Pain
Apple reported weaker-than-expected sales in China and cautioned that upcoming tariffs could further impact its earnings, as trade tensions between the US and China continue to affect the tech giant’s global operations.
Elon Musk Lost 25% of Fortune During His Quest to Gut the US Government
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, highlighting the risks of CEO involvement in political activities.
Amazon Braces for Tougher Business Climate Amid Trump Trade War
Amazon projects profits that fall short of estimates as the company prepares for a more challenging business environment due to ongoing trade disputes and tariffs imposed by the Trump administration.
Tesla Board in Spotlight After Cashing In $1.2 Billion With Musk
Tesla’s board faces scrutiny after members, including CEO Elon Musk, sold $1.2 billion in shares, raising questions about governance and the company’s future direction amid market volatility.
Lightspeed Is Latest Firm to Shift Away From Classic VC Model
Venture capital firm Lightspeed is moving away from traditional investment models, reflecting broader changes in the VC landscape as firms adapt to new market realities and funding strategies.
Large AI Projects Present $1.8 Trillion Capital Pool for Private Credit
Major artificial intelligence projects are creating a $1.8 trillion opportunity for private credit markets, as investors seek to fund the infrastructure and development needed for next-generation AI systems.
Uncork Raises $300 Million to Find the Next Poshmark, Postmates
Uncork Capital has raised $300 million to invest in early-stage startups, aiming to discover the next big names in tech following successes like Poshmark and Postmates.
Abu Dhabi’s ADQ Plots Next Act After Assets Double in Four Years
Abu Dhabi’s state-owned holding company ADQ is planning its next phase of growth after doubling its assets in just four years, signaling continued expansion in global markets.
What Trump’s ‘Golden Dome’ Can Learn From Israeli Air Defenses
An in-depth look at Israel’s advanced air defense system reveals key lessons for the US as it considers developing its own missile shield, dubbed the ‘Golden Dome,’ under the Trump administration.
DeepSeek Challenges Everyone’s Assumptions About AI Costs
Chinese AI startup DeepSeek claims its ChatGPT rival operates at a fraction of the cost, prompting industry-wide questions about the sustainability of massive AI budgets and the future of affordable AI solutions.
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, raising concerns about the grid’s ability to keep up.
Masayoshi Son’s Quest to Become the Next Nvidia
SoftBank founder Masayoshi Son is betting $100 billion on US AI investments as part of a bold plan to transform his company into a global leader in artificial intelligence, rivaling Nvidia.
How 12 Climate Tech Startups Are Shaping the Energy Transition in a Turbulent World
Winners of BloombergNEF’s annual Pioneers awards are deploying innovative climate solutions, driving the next generation of green technology and accelerating the global energy transition.
Apple to Source 19 Billion Chips from US Factories, Cook Says
Apple CEO Tim Cook announced plans to source $19 billion worth of chips from US factories, underscoring the company’s commitment to domestic manufacturing amid global supply chain shifts.
Apple’s Sales to Rise in ‘Low to Mid-Single Digit’ Percent Range
Apple forecasts that its sales will grow in the low to mid-single digit percentage range, reflecting cautious optimism amid ongoing global economic uncertainties.
Apple Says Tariffs Will Add $900 Million in Costs This Quarter
Apple warns that new tariffs will increase its costs by $900 million this quarter, as the company navigates the financial impact of ongoing trade disputes.
AI Wants More Data. More Chips. More Real Estate. More Power. More Water. More Everything
The rapid growth of artificial intelligence is driving unprecedented demand for data, chips, real estate, power, and water, straining global resources and infrastructure.