Homechevron_rightArchiveschevron_rightBusiness and Economy

Archives

Explore Stories by Date

10 Jan 2025

Hyundai Motor Group and NVIDIA Forge Strategic AI Partnership for Future Mobility

Hyundai Motor Group partners with NVIDIA to accelerate AI development in automotive, robotics, and manufacturing, aiming to lead in smart mobility solutions.

4 Sources

Zebra Technologies Unveils AI-Powered Solutions for Retail Frontline Workers

Zebra Technologies introduces a suite of AI tools and mobile devices designed to enhance productivity and customer experience in retail operations, showcasing the growing importance of AI in the retail sector.

2 Sources

Southwire Invests in Ndustrial's AI-Powered Energy Management Platform to Boost Industrial Efficiency

Southwire Company, LLC has made a strategic investment in Ndustrial, an AI-powered energy intensity platform, to scale industrial energy efficiency. This partnership aims to optimize energy consumption and reduce carbon emissions in industrial facilities.

2 Sources

RBC Partners with Cohere to Develop Secure Generative AI Platform for Financial Services

Royal Bank of Canada (RBC) and Cohere announce a partnership to create 'North for Banking', a secure generative AI platform tailored for the financial services industry, aiming to boost productivity and efficiency while prioritizing security and data privacy.

3 Sources

Abstract Raises $4.8 Million for AI-Powered Regulatory Risk Management Platform

Abstract secures $4.8 million in seed funding to enhance its AI-driven platform that helps businesses navigate regulatory changes and policy impacts.

2 Sources

World Economic Forum Report: AI Could Create 78 Million Net New Jobs by 2030

The World Economic Forum's Future of Jobs Report 2025 predicts that AI could create 170 million new jobs while eliminating 92 million, resulting in a net increase of 78 million jobs globally by 2030. The report also highlights the changing skill demands and the need for workforce adaptation in the face of AI advancements.

5 Sources

O Coin: Pioneering Financial Independence for AI Development

O Coin ($O) introduces a novel approach to AI development by creating a decentralized financial framework to support the growth of O, the world's first Sovereign Super AI. This cryptocurrency aims to ensure financial independence and foster ethical AI development without relying on external funding.

2 Sources

Advise Secures $1.6 Million to Enhance AI-Powered SaaS Platform for Consumer Goods Industry

Irish startup Advise raises $1.6 million to develop its AI-powered SaaS platform, aiming to revolutionize pricing strategies for fast-moving consumer goods companies and expand its global presence.

2 Sources

Microsoft Announces Performance-Based Layoffs Amid AI Push and Skill Development Initiatives

Microsoft implements performance-based layoffs affecting less than 1% of its global workforce while simultaneously investing in AI development and training programs in India.

2 Sources

Lightchain AI: The Rising Star in AI-Blockchain Integration Poised to Outperform Meme Coins

Lightchain AI, a new cryptocurrency project combining AI and blockchain technology, is gaining significant attention in the crypto market. With a successful presale and ambitious roadmap, it's positioned to potentially outperform popular meme coins like Shiba Inu.

8 Sources

09 Jan 2025

Inshorts Cofounder Launches Fenado AI: A No-Code Platform for App and Website Creation

Azhar Iqubal, cofounder of Inshorts, introduces Fenado AI, an AI-powered platform that enables users to create apps and websites without coding skills. The startup aims to revolutionize tech solutions for businesses globally.

2 Sources

Tuya Smart Showcases AI Innovations at CES 2025, Paving the Way for Smart Living

Tuya Smart unveils cutting-edge AI technologies and solutions at CES 2025, demonstrating advancements in smart home devices, energy management, and urban mobility.

8 Sources

Blackstone Invests $300 Million in AI Data Storage Firm DDN at $5 Billion Valuation

Private equity giant Blackstone has made a $300 million investment in DDN, a leading AI and data intelligence solutions company, valuing it at $5 billion. This marks DDN's first major external funding since its founding in 1998.

5 Sources

Epson Partners with Kitchen Armor to Enhance AI-Powered Kitchen Display Solution

Epson announces a partnership with Kitchen Armor to integrate Curbit's AI-powered kitchen capacity management into its TrueOrder Kitchen Display System, aiming to optimize restaurant operations and compete with larger chains.

2 Sources

Wishpond Files Patent for Enhanced AI Conversation Management in SalesCloser Virtual Agents

Wishpond Technologies Ltd. has filed a patent for an enhanced state manager technology in its SalesCloser AI virtual agents, aiming to improve complex, real-time conversations across various industries.

3 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