Top 10 AI News

Apple to Unveil New AI Tool to Increase iPhone Battery Life

By Jakub Porzycki/NurPhoto/Getty Images | May 12, 2025

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Apple is set to introduce a new AI-powered battery management mode in iOS 19, aiming to extend the battery life of iPhones by optimizing power consumption through advanced machine learning algorithms.

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AI Startup Perplexity Nears Funding at $14 Billion Value

By Bloomberg News | May 12, 2025

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Perplexity, an AI search startup, is close to securing new funding that would value the company at $14 billion, reflecting the growing investor interest in generative AI and search technologies.

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Saudi Arabia Launches New AI Firm Ahead of Trump’s Visit

By Bloomberg News | May 12, 2025

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Saudi Arabia has announced the creation of a new artificial intelligence company as part of its efforts to position itself as a leader in AI innovation, coinciding with an upcoming visit from former US President Donald Trump.

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SoftBank Stargate Venture With OpenAI Snags on Tariff Fears

By Bloomberg News | May 12, 2025

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SoftBank’s Stargate venture with OpenAI is facing delays due to concerns over potential tariffs, highlighting the impact of global trade tensions on major AI collaborations.

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VC Firm Backed by Golub Family Office Starts Mideast-US AI Fund

By Bloomberg News | May 12, 2025

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A venture capital firm supported by the Golub family office has launched a new fund to foster AI investments and partnerships between the Middle East and the US.

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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 exploring a $200 million initial public offering in Hong Kong, as the region continues to attract tech and biotech listings.

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

By Bloomberg News | May 12, 2025

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The Trump administration is encouraging startups to help modernize the US military, setting the stage for a major transformation of the world’s largest defense budget through technology and AI innovation.

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

By Amir Levy/Getty Images | April 3, 2025

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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’.

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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 company DeepSeek claims its ChatGPT rival operates at a fraction of the cost, raising questions about the sustainability of massive AI budgets in the 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 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 | 2025

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Over 160 new AI data centers have been built in the US in the past three years, many in regions already facing water shortages, according to a Bloomberg News analysis.

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Google Facing at Least €12 Billion in Civil Claims Across Europe

By Bloomberg News | May 13, 2025

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Google is confronting civil claims totaling at least €12 billion across Europe, as regulatory scrutiny over its business practices intensifies.

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TikTok, Meta Endure Tougher Asia Crackdown as US Efforts Stall

By Bloomberg News | May 12, 2025

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Tech giants TikTok and Meta are facing stricter regulations in Asia, even as similar efforts in the US have slowed, reflecting a global divergence in tech policy approaches.

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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 companies seeking more data, chips, power, and water to fuel the next wave of innovation.

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Why AI Is So Expensive

By Bloomberg News | April 30, 2024

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A look at the high costs associated with developing and deploying artificial intelligence, from hardware and data to energy and talent.

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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 systems become more sophisticated, investors are testing whether these tools can outperform humans in stock picking, with mixed results so far.

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Why AI Is Next Flashpoint in US-China Tech Rivalry

By Bloomberg News | June 29, 2023

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Artificial intelligence is emerging as a key battleground in the ongoing tech competition between the US and China, with both nations investing heavily in AI research and development.

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Trump Plans to Rescind Biden-Era AI Chip Curbs

By Bloomberg News | May 7, 2025

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Donald Trump has announced plans to roll back restrictions on AI chip exports imposed during the Biden administration, a move that could reshape the global semiconductor market.

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Nvidia CEO on Tariffs, AI Chips, China Competition

By Bloomberg News | April 30, 2025

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Nvidia’s CEO discusses the impact of tariffs