Top 10 AI News
SoftBank Profit Doubles After ByteDance, Didi Values Surge
SoftBank’s profit has doubled, driven by a surge in the value of its investments in ByteDance and Didi, as well as resilience in the AI sector. The company continues to benefit from the global AI boom and strategic investments in technology firms.
State AI Regulation Ban Tucked Into Republican Tax, Fiscal Bill
A new Republican tax and fiscal bill includes a provision that would ban state-level regulation of artificial intelligence, aiming to centralize AI oversight at the federal level and prevent a patchwork of state laws.
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 extend the battery life of iPhones and other devices by optimizing power consumption using advanced machine learning algorithms.
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 search technologies powered by artificial intelligence.
Saudi Arabia Launches New AI Firm Ahead of Trump’s Visit
Saudi Arabia has launched 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.
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 major 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 considering 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 help remake the US military, setting the stage for a 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 upgraded air defense system reveals key lessons for the US as it considers developing a missile shield, with implications for future military and AI-driven defense strategies.
DeepSeek Challenges Everyone’s Assumptions About AI Costs
Chinese AI platform DeepSeek claims its ChatGPT rival operates at a fraction of the cost, prompting questions about the sustainability of high AI budgets and the future of affordable AI solutions.
AI Needs So Much Energy It’s Distorting US Power for Millions of Homes
A Bloomberg analysis finds a strong link between the proximity of US homes to data centers and high levels of power distortions, as AI’s energy demands reshape the nation’s electricity grid.
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, often in regions already facing water scarcity, raising concerns about the environmental impact of AI infrastructure.
Google Facing at Least €12 Billion in Civil Claims Across Europe
Google is facing civil claims totaling at least €12 billion across Europe, as regulatory scrutiny and legal challenges mount over its business practices and dominance in the tech sector.
TikTok, Meta Endure Tougher Asia Crackdown as US Efforts Stall
Tech giants TikTok and Meta are facing stricter regulations in Asia, even as US efforts to curb their influence have stalled, highlighting the shifting landscape of global tech governance.
AI Wants More Data. More Chips. More Real Estate. More Power. More Water. More Everything
The rapid expansion of AI is driving unprecedented demand for data, chips, real estate, power, and water, putting pressure on infrastructure and resources worldwide.
Why AI Is So Expensive
Artificial intelligence development is costly due to the need for advanced hardware, massive data sets, and significant energy consumption, making it a high-stakes investment for tech companies.
AI Can Write, But Is It Any Good at Picking Stocks?
As AI systems become more capable of generating text, questions remain about their effectiveness in financial markets, particularly in stock picking and investment strategies.
Why AI Is Next Flashpoint in US-China Tech Rivalry
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