Top 10 AI News
SoftBank Profit Jumps Helped by Boost From AI Resilience
SoftBank reported a significant increase in profits, attributing much of its success to the resilience and growth of its AI investments, which have helped the company weather market volatility and drive new revenue streams.
State AI Regulation Ban Tucked Into Republican Tax, Fiscal Bill
A new Republican tax and fiscal bill includes a provision that would ban states from enacting their own AI regulations, aiming to create a unified national approach to AI governance and avoid a patchwork of state laws.
After Driving Down Oil, Saudi Arabia’s MBS Looks for Trump Dividend
Saudi Arabia’s 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 and regional maneuvering.
Apple to Unveil New AI Tool to Increase iPhone Battery Life
Apple is set to introduce an AI-powered battery management mode in iOS 19, designed to optimize device performance and extend battery life for iPhone users.
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, reflecting strong investor interest in next-generation AI search technologies.
Saudi Arabia Launches New AI Firm Ahead of Trump’s Visit
Saudi Arabia has announced the creation of a new AI company as part of its efforts to position itself as a leader in artificial intelligence, coinciding with an upcoming visit from Donald Trump.
SoftBank Stargate Venture With OpenAI Snags on Tariff Fears
SoftBank’s Stargate venture with OpenAI has encountered obstacles due to concerns over potential tariffs, highlighting the impact of global trade tensions on AI collaborations.
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 AI fund aimed at strengthening ties between the Middle East and the US, focusing on cross-border technology investments.
AI Drug Firm METiS Considering $200 Million Hong Kong IPO, Sources Say
METiS, an AI-driven drug development company, is reportedly exploring a $200 million initial public offering in Hong Kong, as it seeks to expand its operations and research capabilities.
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 competition over the Pentagon’s massive defense budget and the future of military technology.
What Trump’s ‘Golden Dome’ Can Learn From Israeli Air Defenses
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’ 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 industry-wide questions about the sustainability of current AI spending levels.
AI Needs So Much Energy It’s Distorting US Power for Millions of Homes
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.
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 shortages, raising concerns about resource allocation.
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 and legal challenges mount for the tech giant.
TikTok, Meta Endure Tougher Asia Crackdown as US Efforts Stall
Asian regulators are imposing stricter rules on tech platforms like TikTok and Meta, even as similar efforts in the US face delays and political obstacles.
AI Wants More Data. More Chips. More Real Estate. More Power. More Water. More Everything
The AI industry’s insatiable demand for resources is reshaping global supply chains, real estate, and infrastructure, as companies race to build bigger and more powerful systems.
Why AI Is So Expensive
A deep dive into the high costs of developing and deploying artificial intelligence, from hardware and energy to talent and data acquisition.
