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 pharmaceutical company, is reportedly planning a $200 million initial public offering in Hong Kong, reflecting growing investor interest in AI applications for drug discovery.

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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 a period of aggressive oil price management.

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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 operations into the Middle East with 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 discussing a reset of their partnership, which has been under scrutiny by US and UK regulators due to concerns over competition and influence in the AI sector.

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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 main challenges facing humanity, urging global leaders to address ethical and societal implications of rapid technological advancement.

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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 that current proposals could undermine artists’ rights and creativity.

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

By Bloomberg News | May 8, 2025

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The Trump administration is encouraging startups to help remake the US military, setting the stage for a major battle over the Pentagon’s massive defense budget and the future of military 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 platform DeepSeek claims its rival to ChatGPT operates at a fraction of the cost, raising questions about the sustainability of high AI budgets and the future of affordable AI solutions.

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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.

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AI Is Draining Water From the Areas That Need It Most

By Planet Labs PBC/Bloomberg | 2025

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More than 160 new AI data centers have been built across the US in the past three years, often in regions already facing water scarcity, according to a Bloomberg News analysis.

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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 exclusive look at Israel’s upgraded air defense system reveals lessons for the US as it considers developing a missile shield, with implications for future military technology and AI integration.

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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 in tech policy.

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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 impacting the online search landscape, with regulators pushing for significant changes, including the potential sale of Chrome.

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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 has warned that extreme heat this summer could lead to power shortages, as energy demand surges and infrastructure faces new challenges.

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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 leverage technology for new growth opportunities.

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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 regulatory scrutiny.

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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 is planning to cut 10,000 jobs as it pivots towards data and energy storage, reflecting broader shifts in the technology and manufacturing sectors.

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

By Bloomberg News | May 9, 2025