Top 10 AI News

Golub-Backed Saudi Firm Starts AI Fund to Drive US-Mideast Ties

By Bloomberg News | May 12, 2025

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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.

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AI Drug Firm METiS Considering $200 Million Hong Kong IPO, Sources Say

By Bloomberg News | May 12, 2025

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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.

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After Driving Down Oil, Saudi Arabia’s MBS Looks for Trump Dividend

By Bloomberg News | May 12, 2025

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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.

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Amazon-Backed Scale AI Plans Middle East Expansion With New Saudi Arabia Office

By Bloomberg News | May 12, 2025

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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.

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OpenAI, Microsoft in Talks to Reset High-Stakes Partnership: FT

By Bloomberg News | May 11, 2025

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OpenAI and Microsoft are reportedly negotiating to redefine their partnership, which has been central to the rapid development and deployment of generative AI technologies.

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Pope Leo XIV Identifies AI as a Major Challenge for Humanity

By Bloomberg News | May 10, 2025

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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.

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Elton John, Dua Lipa Urge UK to Rethink AI Copyright Plans

By Bloomberg News | May 10, 2025

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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.

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DeepSeek Challenges Everyone’s Assumptions About AI Costs

By Bloomberg News | January 28, 2025

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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.

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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 growth of AI data centers is causing significant power distortions in US homes, especially in areas close to these facilities.

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AI Is Draining Water From the Areas That Need It Most

By Bloomberg News | 2025

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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.

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

By Bloomberg News | April 3, 2025

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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’.

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

By Bloomberg News | 2025

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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.

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How the Google Antitrust Trial Is Already Changing Online Search

By Bloomberg News | May 9, 2025

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The ongoing antitrust trial against Google is already reshaping the online search landscape, with potential implications for competition and consumer choice.

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Ex-Palantir Adviser to Keep SpaceX, OpenAI Stakes in Trump Role

By Bloomberg News | May 9, 2025

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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.

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Extreme Heat Risks Summer Power Shortages, Warns Largest US Grid

By Bloomberg News | May 9, 2025

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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.

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‘Genshin Impact’ Creator Dives Into AI for Growth Beyond Games

By Bloomberg News | May 9, 2025

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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.

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Alphabet Shares Take $138 Billion Blow as Search Warnings Blare

By Bloomberg News | May 9, 2025

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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.

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Panasonic to Slash 10,000 Jobs in Shift to Data, Energy Storage

By Bloomberg News | May 9, 2025

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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.

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Ex-Northvolt CEO Gets New Funds for AI Startup in Manufacturing

By Bloomberg News | May 9, 2025

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