Top 10 AI News

Nvidia Plans Cheaper Blackwell AI Chip for China, Reuters Says

By Reuters | May 24, 2025

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Nvidia is reportedly developing a more affordable version of its Blackwell AI chip specifically for the Chinese market, aiming to comply with US export restrictions while maintaining its presence in China’s rapidly growing AI sector.

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Alibaba Chair Says Asian Firms Can Seek Growth Outside US

By Eduardo Leal/Bloomberg | May 24, 2025

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The chairman of Alibaba has encouraged Asian companies to look for growth opportunities beyond the US, highlighting the potential in regional and emerging markets amid shifting global trade dynamics.

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25 African Startups to Watch in 2025

By Bloomberg | May 24, 2025

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A new list highlights 25 African startups that are addressing regional challenges in healthcare, food storage, and banking, showcasing innovation and entrepreneurship across the continent.

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Nvidia and Wallenberg Businesses Starting AI Venture in Sweden

By Bloomberg | May 24, 2025

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Nvidia is partnering with Sweden’s Wallenberg family businesses to launch a new AI venture, aiming to boost Sweden’s position in the global artificial intelligence landscape.

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Ed Yardeni Says It’s Not as Bad as You Think

By Bloomberg | May 23, 2025

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Edward Yardeni, president of Yardeni Research, offers a more optimistic outlook on the economy, suggesting that current fears may be overblown.

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Is a Pro-Wrestling Mentality Steering the US Economy?

By Bloomberg | May 23, 2025

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A new analysis explores whether the US economy is being influenced by a “pro-wrestling” mentality, with showmanship and spectacle taking precedence over substance.

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Tiger-Backed Robinhood Rival Launches DIY Indexing With a Twist

By Bloomberg | May 23, 2025

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A new Robinhood competitor, backed by Tiger Global, is introducing a unique approach to DIY indexing, aiming to attract retail investors with innovative features.

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A $20,000 ‘Home Companion’ Robot From China to Debut This Year

By Bloomberg | May 23, 2025

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A Chinese company is set to launch a $20,000 home companion robot, reflecting the growing trend of advanced robotics entering the consumer market.

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EngineAI Targets $1 Billion Valuation as Chinese Robots Heat Up

By Bloomberg | May 23, 2025

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EngineAI, a Chinese robotics startup, is seeking a $1 billion valuation as competition intensifies in the country’s rapidly expanding robotics sector.

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

By Bloomberg | 2025

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Startups in Silicon Valley are being encouraged to help remake the US military, setting the stage for a major battle over the world’s largest defense budget.

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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 upgraded air defense system reveals 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 platform DeepSeek claims its ChatGPT rival operates at a fraction of the cost, raising questions about the sustainability of massive AI budgets.

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AI Needs So Much Energy It’s Distorting US Power for Millions of Homes

By Bloomberg | 2024

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A new analysis shows that the energy demands of AI data centers are causing significant power distortions for millions of US homes, especially near major data hubs.

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AI Advances Are Accelerating, and We’re Not Ready

By Bloomberg | 2025

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The rapid acceleration of AI development is outpacing society’s ability to adapt, with potentially massive economic and societal impacts on the horizon.

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Brin’s Mystery $700 Million Stock Gift Went to Philanthropies

By Bloomberg | May 24, 2025

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Sergey Brin’s previously undisclosed $700 million stock donation has been revealed to have gone to philanthropic causes, supporting a range of charitable initiatives.

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Google-Linked VC Fund Series X Aims to Raise Over $500 Million

By Bloomberg | May 24, 2025

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A venture capital fund with ties to Google is seeking to raise more than $500 million, targeting investments in cutting-edge technology startups.

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AI Wants More Data. More Chips. More Real Estate. More Power. More Water. More Everything

By Bloomberg | December 13, 2024

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The AI industry’s insatiable appetite for resources is driving demand for more data, chips, real estate, power, and water, raising concerns about sustainability and infrastructure.

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Why AI Is So Expensive

By Bloomberg | April 30, 2024

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A detailed look at the high costs associated with artificial intelligence, from hardware and data to energy and talent, and why these expenses are likely to keep rising.

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AI Can Write, But Is It Any Good at Picking Stocks?

By Bloomberg | July 17, 2023

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As AI systems become more capable of generating text, questions remain about their ability to make sound investment decisions and pick winning stocks.

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