Top 10 AI News
Golub-Backed Saudi Firm Starts AI Fund to Drive US-Mideast Ties
A Saudi firm backed by Golub Capital has launched a new AI fund aimed at strengthening ties between the US and the Middle East, focusing on technology investments and cross-border collaboration.
AI Drug Firm METiS Considering $200 Million Hong Kong IPO, Sources Say
METiS, an AI-driven drug development company, is reportedly planning a $200 million initial public offering in Hong Kong, reflecting growing investor interest in AI applications for healthcare.
After Driving Down Oil, Saudi Arabia’s MBS Looks for Trump Dividend
Saudi Crown Prince Mohammed bin Salman is seeking to leverage his relationship with Donald Trump for economic and political gains, following efforts to influence global oil prices.
Amazon-Backed Scale AI Plans Middle East Expansion With New Saudi Arabia Office
Scale AI, supported by Amazon, is expanding its presence in the Middle East by opening a new office in Saudi Arabia, aiming to tap into the region’s growing demand for artificial intelligence solutions.
OpenAI, Microsoft in Talks to Reset High-Stakes Partnership: FT
OpenAI and Microsoft are reportedly negotiating to redefine their partnership, which has been central to the rapid development and deployment of generative AI technologies.
Pope Leo XIV Identifies AI as a Major Challenge for Humanity
Pope Leo XIV has highlighted artificial intelligence as one of the most significant challenges facing humanity, calling for ethical considerations and global cooperation in its development.
Elton John, Dua Lipa Urge UK to Rethink AI Copyright Plans
Music icons Elton John and Dua Lipa have called on the UK government to reconsider its approach to AI and copyright, warning of risks to artists’ rights and creative industries.
DeepSeek Challenges Everyone’s Assumptions About AI Costs
Chinese AI platform DeepSeek claims its ChatGPT rival operates at a fraction of the cost, prompting questions about the sustainability of massive AI budgets in the tech industry.
AI Needs So Much Energy It’s Distorting US Power for Millions of Homes
A Bloomberg analysis finds that the rapid growth 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 in the US over the past three years, many in regions already facing water scarcity, raising concerns about resource allocation.
What Trump’s ‘Golden Dome’ Can Learn From Israeli Air Defenses
An in-depth look at Israel’s advanced air defense system offers lessons for the US as it considers developing its own missile shield, dubbed the ‘Golden Dome’.
Silicon Valley Is Coming for the Pentagon’s $1 Trillion Budget
The Trump administration is encouraging startups to transform the US military, setting the stage for a major contest over the world’s largest defense budget.
How the Google Antitrust Trial Is Already Changing Online Search
The ongoing antitrust trial against Google is already reshaping the online search landscape, with potential implications for competition and consumer choice.
Ex-Palantir Adviser to Keep SpaceX, OpenAI Stakes in Trump Role
A former Palantir adviser will retain stakes in SpaceX and OpenAI while taking on a new role in the Trump administration, raising questions about potential conflicts of interest.
Extreme Heat Risks Summer Power Shortages, Warns Largest US Grid
The largest US power grid operator warns that extreme heat this summer could lead to power shortages, as energy demand surges and infrastructure is strained.
‘Genshin Impact’ Creator Dives Into AI for Growth Beyond Games
HoYoverse, the creator of ‘Genshin Impact,’ is investing in AI to expand its business beyond gaming, aiming to diversify its offerings and reach new markets.
Alphabet Shares Take $138 Billion Blow as Search Warnings Blare
Alphabet, Google’s parent company, saw its shares drop by $138 billion amid warnings about the future of online search and increased competition in the AI space.
Panasonic to Slash 10,000 Jobs in Shift to Data, Energy Storage
Panasonic plans to cut 10,000 jobs as it pivots towards data and energy storage solutions, reflecting broader industry trends driven by AI and electrification.
Ex-Northvolt CEO Gets New Funds for AI Startup in Manufacturing