Homechevron_rightArchiveschevron_rightBusiness and Economy

Archives

Explore Stories by Date

19 Nov 2024

DOJ Pushes for Google to Sell Chrome in Landmark Antitrust Case

The U.S. Department of Justice is set to recommend that Google sell its Chrome browser as part of antitrust remedies, potentially reshaping the online search and AI markets.

7 Sources

Elon Musk's Lawsuit Against OpenAI Unveils Power Struggles and Ethical Concerns

Elon Musk's lawsuit against OpenAI and Microsoft reveals internal conflicts, ethical dilemmas, and the transformation of OpenAI from a nonprofit to a commercial entity. The case highlights tensions between AI development for public good and corporate interests.

2 Sources

AI Firm iLearningEngines Falls Victim to $250,000 Cyberattack Amid Financial Scrutiny

iLearningEngines, a U.S.-based AI training software provider, reports a cybersecurity incident resulting in the theft of $250,000 through a misdirected wire payment. The attack comes as the company faces allegations of misreported revenues and delays in financial reporting.

2 Sources

nVent Collaborates with NVIDIA on Advanced Liquid Cooling Solutions for AI Data Centers

nVent Electric plc partners with NVIDIA to develop and deploy liquid cooling solutions for high-performance AI computing, showcasing their innovations at SC24.

2 Sources

ADP Unveils Key HR Trends Shaping the Future of Work in 2025

ADP releases a comprehensive guide on HR trends for 2025, highlighting the impact of AI, skills-based approaches, and employee well-being on the future workplace.

2 Sources

Apple's 2017 Decision: The Foundation for Apple Intelligence on M1 Chips

Apple executives reveal how a strategic decision in 2017 to redesign the Neural Engine laid the groundwork for Apple Intelligence, enabling AI capabilities on M1 chips and later models.

3 Sources

onsemi's Hyperlux Sensors to Power Subaru's Next-Gen AI-Integrated EyeSight System

onsemi has been selected as the primary supplier of image sensors for Subaru's next-generation EyeSight stereo-camera front sensing system, aiming to enhance vehicle safety through advanced AI-enabled driver assistance.

2 Sources

Class Action Lawsuit Filed Against AI Company iLearningEngines Over Alleged Financial Misrepresentation

A class action lawsuit has been filed against iLearningEngines, Inc., alleging the AI company misled investors by reporting inflated revenue through an undisclosed related party. The company's stock price fell sharply following the allegations.

6 Sources

Cloudera Acquires Octopai to Enhance Data Management and AI Capabilities, Launches AI-Powered Assistant

Cloudera, a data platform giant, acquires Octopai's data lineage and catalog platform to improve metadata management. The company also introduces Cloudera Copilot, an AI-powered assistant for data professionals.

2 Sources

Chinese Tech Giants Expand AI Teams in Silicon Valley, Challenging US Restrictions

Major Chinese tech companies like Alibaba, ByteDance, and Meituan are actively recruiting AI talent in Silicon Valley, despite US efforts to curb China's AI development through export restrictions and proposed regulations.

3 Sources

Super Micro Computer's AI Server Business Thrives Amid Accounting Concerns

Super Micro Computer, a leading AI server manufacturer, faces accounting challenges and potential delisting risks while benefiting from the booming AI infrastructure market.

9 Sources

Nvidia's AI Dominance Faces Challenges Amid Soaring Demand and Emerging Competition

Nvidia's continued dominance in the AI chip market is met with both optimism and caution as the company faces potential challenges in maintaining its market position and profit margins.

8 Sources

HarperCollins Strikes AI Training Deal: Authors Offered $2,500 Per Book

HarperCollins has reached an agreement with an unnamed AI company to use select nonfiction books for AI model training, offering authors $2,500 per book. The deal highlights growing tensions between publishers, authors, and AI firms over copyright and compensation.

7 Sources

India's GCC Ecosystem: Transforming from Back Office to Global Innovation Hub

India's Global Capability Centers (GCCs) are evolving rapidly, moving beyond traditional back-office operations to become centers of innovation and technological advancement, with a strong focus on AI integration and R&D.

3 Sources

OpenAI CEO Sam Altman Joins San Francisco Mayor-Elect's Transition Team

Sam Altman, CEO of OpenAI, has been named as a co-chair of San Francisco Mayor-elect Daniel Lurie's transition team, signaling a closer collaboration between the tech industry and city government.

5 Sources

Get all updates into your inbox 💌, Stay Up-to-date for Free 🥳

Your Daily Dose of Curated AI News

Don’t drown in AI news. We cut through the noise - filtering, ranking and summarizing the most important AI news, breakthroughs and research daily. Spend less time searching for the latest in AI and get straight to action.

The Outpost

News

About