Top 10 AI News
Apple to Unveil New AI Tool to Increase iPhone Battery Life
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. The feature is expected to debut at the upcoming developer conference.
AI Startup Perplexity Nears Funding at $14 Billion Value
Perplexity, an AI search startup, is close to securing new funding that would value the company at $14 billion. The company is gaining attention for its innovative approach to AI-powered search and is attracting major investors.
Saudi Arabia Launches New AI Firm Ahead of Trump’s Visit
Saudi Arabia has announced the creation of a new artificial intelligence company as part of its efforts to become a global tech hub. The move comes just before a high-profile visit from former US President Donald Trump.
SoftBank Stargate Venture With OpenAI Snags on Tariff Fears
SoftBank’s Stargate project, a joint venture with OpenAI, is facing delays due to concerns over potential tariffs. The project aims to accelerate AI development but is now navigating geopolitical and trade uncertainties.
VC Firm Backed by Golub Family Office Starts Mideast-US AI Fund
A venture capital firm supported by the Golub family office has launched a new fund to foster AI collaboration between the Middle East and the US, aiming to drive innovation and cross-border investment in artificial intelligence.
AI Drug Firm METiS Considering $200 Million Hong Kong IPO, Sources Say
METiS, an AI-driven drug discovery company, is reportedly exploring a $200 million initial public offering in Hong Kong. The move highlights the growing interest in AI applications within the pharmaceutical sector.
State AI Regulation Ban Tucked Into Republican Tax, Fiscal Bill
A new Republican tax and fiscal bill includes a provision that would prevent states from enacting their own regulations on artificial intelligence, centralizing AI oversight at the federal level.
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 a period of aggressive oil price management.
AI Needs So Much Energy It’s Distorting US Power for Millions of Homes
A Bloomberg analysis reveals 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 sustainability of AI infrastructure.
AI Is Draining Water From the Areas That Need It Most
More than 160 new AI data centers have been built across the US in the past three years, many in regions already facing water scarcity. The increased demand for water to cool these centers is putting additional strain on local resources.
Silicon Valley Is Coming for the Pentagon’s $1 Trillion Budget
The Trump administration is encouraging startups to help modernize the US military, setting the stage for a major competition over the Pentagon’s massive defense budget.
What Trump’s ‘Golden Dome’ Can Learn From Israeli Air Defenses
An in-depth look at Israel’s upgraded air defense system reveals key lessons for the US as it considers developing its own missile shield, dubbed the ‘Golden Dome’ by the Trump administration.
DeepSeek Challenges Everyone’s Assumptions About AI Costs
Chinese AI company DeepSeek claims its ChatGPT rival operates at a fraction of the cost, prompting questions about the sustainability of current AI spending and the future of the industry.
Google Facing at Least €12 Billion in Civil Claims Across Europe
Google is confronting civil claims totaling at least €12 billion across Europe, as regulatory scrutiny over its business practices intensifies.
TikTok, Meta Endure Tougher Asia Crackdown as US Efforts Stall
Tech giants TikTok and Meta are facing stricter regulations in Asia, even as similar efforts in the US have stalled, highlighting the global challenges of tech governance.
AI Wants More Data. More Chips. More Real Estate. More Power. More Water. More Everything
The rapid growth of AI is driving unprecedented demand for data, chips, real estate, power, and water, straining existing infrastructure and resources worldwide.
Why AI Is So Expensive
A deep dive into the high costs associated with artificial intelligence, from hardware and energy to talent and data, and why these expenses are likely to keep rising.
AI Can Write, But Is It Any Good at Picking Stocks?
As AI systems become more sophisticated, investors are testing whether these tools can outperform humans in stock picking, with mixed results so far.