Homechevron_rightArchiveschevron_rightBusiness and Economy

Archives

Explore Stories by Date

05 Nov 2024

Netflix Pivots to AI-Driven Game Development After Shuttering AAA Studio

Netflix's shift towards AI-powered game development following the closure of its AAA studio sparks controversy and raises questions about the future of game creation.

8 Sources

Meta's Nuclear-Powered AI Data Center Plans Halted by Rare Bee Species

Meta's ambitious project to build a nuclear-powered AI data center in the US has been thwarted by the discovery of a rare bee species on the proposed site, highlighting the intersection of environmental concerns and technological advancement in the AI era.

15 Sources

Nvidia Surpasses Apple as World's Most Valuable Company, Riding AI Wave

Nvidia has overtaken Apple to become the world's most valuable company, with a market capitalization of $3.43 trillion. This milestone reflects the growing dominance of artificial intelligence in the tech industry and Nvidia's leadership in GPU production for AI applications.

26 Sources

Physical Intelligence Secures $400 Million for Revolutionary Robot Software Development

Robotics startup Physical Intelligence raises $400 million in funding, backed by Jeff Bezos and OpenAI, to develop versatile AI software for robots capable of performing diverse tasks across industries.

13 Sources

Broadridge Appoints David Fellah as VP of AI Trading Solutions, Bolstering AI-Powered Innovations

Broadridge Financial Solutions has appointed David Fellah as Vice President of AI Trading Solutions, a move that underscores the company's commitment to leveraging AI in financial technology. This appointment aligns with Broadridge's ongoing efforts to introduce AI-powered innovations in the financial services sector.

2 Sources

OpenAI's Upcoming o1 Model Accidentally Leaked, Showcasing Impressive Capabilities

OpenAI's highly anticipated o1 AI model was briefly accessible due to a URL exploit, revealing significant improvements in reasoning and multimedia analysis before being quickly shut down.

2 Sources

OpenAI Hires Former Pebble CEO Gabor Cselle for Mysterious AI Project

OpenAI has hired Gabor Cselle, a tech entrepreneur with expertise in social media and AI, for an undisclosed project. This move sparks speculation about potential developments in AI-driven social platforms and ethical engagement algorithms.

2 Sources

04 Nov 2024

AWS Launches Generative AI Partner Innovation Alliance to Scale AI Solutions Globally

Amazon Web Services (AWS) announces the Generative AI Partner Innovation Alliance to expand the reach of its Generative AI Innovation Center, aiming to help more customers build and deploy AI solutions worldwide.

5 Sources

UBTECH's Walker S1 Humanoid Robot Gains Edge in Real-World Applications

UBTECH's Walker S1 humanoid robot is being integrated into automotive manufacturing lines in China, outpacing competitors like Tesla's Optimus in real-world deployment despite less impressive capabilities.

2 Sources

SK Hynix Accelerates HBM4 Development to Meet Nvidia's Demand, Unveils 16-Layer HBM3E

SK Hynix strengthens its position in the AI chip market by advancing HBM4 production and introducing new HBM3E technology, responding to Nvidia's request for faster delivery amid growing competition with Samsung.

12 Sources

ADNOC and AIQ Launch Groundbreaking Agentic AI Solution for Energy Sector

Abu Dhabi National Oil Company (ADNOC) and its AI joint venture AIQ have introduced ENERGYai, a pioneering agentic AI solution aimed at revolutionizing the energy industry. Developed in collaboration with Microsoft and G42, this technology promises to enhance efficiency, sustainability, and decision-making across ADNOC's operations.

6 Sources

Palantir's AI-Driven Growth Sparks Debate on Valuation and Future Prospects

Palantir Technologies experiences significant stock growth and improved financial performance, largely attributed to its AI initiatives, while analysts debate its high valuation and future potential in comparison to tech giant Microsoft.

36 Sources

OpenAI Impersonation Phishing Attack Targets Businesses Globally

Barracuda researchers uncover a large-scale phishing campaign impersonating OpenAI, highlighting the growing intersection of AI and cybersecurity threats.

3 Sources

NTT DATA and Google Cloud Expand Partnership to Accelerate AI and Cloud Adoption in Asia Pacific

NTT DATA and Google Cloud have expanded their strategic partnership to drive the adoption of cloud-based data analytics and generative AI solutions across key markets in Asia Pacific, aiming to empower enterprises with innovative technologies and industry-specific solutions.

2 Sources

DeepRoute.ai Raises $100M to Challenge Tesla's FSD in China's Autonomous Driving Market

DeepRoute.ai, a Chinese autonomous driving startup, secures $100 million in funding to accelerate the adoption of its advanced driver assistance systems in China, aiming to compete with Tesla's upcoming Full Self-Driving launch.

6 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