Top 10 AI News

Zetrix Unveils an AI Chatbot for Muslims With DeepSeek Knowhow

Zetrix AI Chatbot

Zetrix has launched a new AI chatbot tailored for Muslim users, leveraging DeepSeek’s technology to provide culturally relevant and faith-based responses. The chatbot aims to address the unique needs of the Muslim community in digital interactions.

Source: Bloomberg | Date: August 11, 2025

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Nvidia, AMD to Pay US 15% of China AI Chip Sales in Unusual Move

Nvidia GPU Technology Conference

Nvidia and AMD have agreed to pay 15% of their China AI chip sales income to the US government, marking a significant shift in the global semiconductor market. This move comes amid ongoing tensions and export restrictions between the US and China.

Source: Bloomberg | Date: August 10, 2025

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The New Economics of People in a World of Closing Doors

Global Economy and Migration

Skills and migration, alongside trade, are increasingly shaping the wealth of nations. This feature explores how talented workers worldwide are making decisions about their futures in an era of tightening borders and shifting economic priorities.

Source: Bloomberg | Date: August 6, 2025

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Palantir’s 2,500% Run Raises Stakes for Stock Bulls

Palantir Direct Listing

Palantir’s stock has surged 2,500%, prompting investors and analysts to reassess the company’s valuation and future prospects. The rapid rise has led to debates about the sustainability of such growth in the AI and data analytics sector.

Source: Bloomberg | Date: August 10, 2025

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White House Crypto Adviser Bo Hines to Return to Private Sector

DC Blockchain Summit

Bo Hines, a key White House adviser on cryptocurrency policy, is set to leave his government role and return to the private sector. His departure comes at a pivotal time for crypto regulation and innovation in the US.

Source: Bloomberg | Date: August 9, 2025

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Traders Are Fleeing Stocks Feared to Be Under Threat From AI

Stocks and AI Threat

Investors are rapidly selling off stocks perceived to be at risk from advances in artificial intelligence, reflecting growing concerns about automation and its impact on traditional industries.

Source: Bloomberg | Date: August 9, 2025

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Humanoid Robots Still Lack AI Technology, Unitree CEO Says

Super AI Conference

The CEO of Unitree Robotics states that despite rapid advancements, humanoid robots still fall short in AI capabilities necessary for complex real-world tasks, highlighting the gap between robotics hardware and software intelligence.

Source: Bloomberg | Date: August 9, 2025

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AI Chip Firm DeepX Hires Morgan Stanley for Funding Before IPO

CES 2024 Las Vegas

DeepX, a leading AI chip manufacturer, has engaged Morgan Stanley to secure funding ahead of its planned IPO. The move underscores the growing investor interest in AI hardware startups.

Source: Bloomberg | Date: August 9, 2025

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C3.ai Reports Sales Far Short of Estimates, Shakes Up Management

Davos Global Companies

C3.ai has reported sales significantly below analyst expectations, prompting a major management shakeup. The company is reassessing its strategy amid increased competition in the AI software market.

Source: Bloomberg | Date: August 9, 2025

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How an ‘Entrepreneur of the Year’ Brought the First Big Bust to AI Boom

Web Summit Qatar 2024

Sachin Dev Duggal led Builder.ai to a $1.5 billion valuation before being ousted amid allegations of inflated revenue, leading to the startup’s bankruptcy. The case marks a cautionary tale in the fast-growing AI sector.

Source: Bloomberg | Date: July 30, 2025

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China Wants 115,000 Nvidia Chips to Power Data Centers in the Desert

Data Center in Xinjiang

Chinese companies are seeking to acquire 115,000 Nvidia chips, despite US export bans, to fuel the country’s AI ambitions. The chips are intended for massive data centers in remote desert regions.

Source: Bloomberg | Date: 2025

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China’s Startups Race to Dominate the Coming AI Robot Boom

UBTECH Multi-Humanoid Robot

Chinese startups are rapidly developing AI-powered humanoid robots, aiming to lead the next wave of robotics innovation. Elon Musk has expressed concerns that China may soon dominate the field of humanoids.

Source: Bloomberg | Date: 2025

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

Pentagon Budget and Silicon Valley

The US government is encouraging startups to innovate for the military, setting the stage for a battle over the world’s largest defense budget. Silicon Valley companies are increasingly targeting Pentagon contracts with advanced AI solutions.

Source: Bloomberg | Date: 2025

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BMW Strikes Back at Tesla With Longer-Range EVs

BMW iX3 Electric Vehicle

BMW is launching the iX3, the first of 40 new or updated electric models by 2027, aiming to set a new industry benchmark and compete directly with Tesla’s Model Y.

Source: Bloomberg | Date: August 4, 2025

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OpenAI’s GPT-5 Met With Mixed Reviews, Confusion in First Day

Federal Reserve Board Meeting

The launch of OpenAI’s GPT-5 has been met with a mix of excitement and confusion, as users and developers react to its new features and capabilities. Early feedback highlights both the model’s strengths and areas for improvement.

Source: Bloomberg | Date: August 8, 2025

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Meta’s $29 Billion Deal Marks Key Moment for Private Credit

Meta Store

Meta’s $29 billion financing deal is seen as a turning point for the private credit market, reflecting the growing influence of tech giants in financial innovation and capital markets.

Source: Bloomberg | Date: August 8, 2025

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