Homechevron_rightArchiveschevron_rightBusiness and Economy

Archives

Explore Stories by Date

10 Feb 2025

CEOs Embrace AI but Face Knowledge Gaps: Cisco Study Reveals Challenges and Opportunities

A new Cisco study shows that while 97% of CEOs plan to integrate AI, only 2% feel fully prepared. The research highlights the paradox between AI ambition and readiness among business leaders.

5 Sources

Honor Integrates DeepSeek-R1 AI Model into Yoyo Assistant, Boosting Smartphone AI Capabilities

Honor has integrated the DeepSeek-R1 AI model into its Yoyo virtual assistant, enhancing its natural language processing and reasoning capabilities. This upgrade is currently available for MagicOS 8.0+ users in China, with potential global implications for smartphone AI assistants.

3 Sources

Finastra Launches Assist.AI: An AI-Powered Assistant for Trade Finance

Finastra partners with Microsoft to introduce Assist.AI, an AI-powered assistant designed to revolutionize trade finance operations and address industry challenges.

4 Sources

Capgemini CEO Criticizes EU's AI Regulations as Overly Restrictive

Aiman Ezzat, CEO of Capgemini, argues that the EU's AI regulations are too stringent, hindering global companies from deploying AI technology in the region. This criticism comes amid growing frustration from private AI players and recent changes in US AI policy.

2 Sources

Qualcomm and Aramco Digital Unveil World's First AI-Enabled 5G Industrial Smartphone

Qualcomm Technologies and Aramco Digital collaborate to develop an AI-enabled industrial 5G smartphone with native 450MHz spectrum support, aiming to advance industrial connectivity and digital transformation.

2 Sources

Baidu CEO Emphasizes Continued AI Investment Despite DeepSeek's Cost-Efficient Success

Robin Li, CEO of Baidu, stresses the importance of ongoing investment in AI infrastructure, despite the emergence of cost-efficient models like DeepSeek. This comes as major tech companies plan massive AI spending for 2025.

12 Sources

Apple Explores Humanoid and Non-Humanoid Robots for Future Smart Home Ecosystem

Apple is reportedly in the early stages of developing both humanoid and non-humanoid robots for its future smart home ecosystem, according to analyst Ming-Chi Kuo. The project is still in the proof-of-concept phase, with mass production not expected until 2028 or later.

14 Sources

Market Enthusiasm for Trump and AI Wanes Amid Economic Shifts

Recent market trends show a cooling enthusiasm for Trump's policies and AI investments, while economic indicators present a mixed picture across global markets.

2 Sources

Sam Altman Outlines OpenAI's Vision for AGI: Balancing Progress, Equality, and Safety

OpenAI CEO Sam Altman discusses the company's approach to developing AGI, addressing concerns about inequality, surveillance, and the need for openness in AI development.

6 Sources

Tech Leaders and Governments Back $2.5 Billion 'Public Interest' AI Initiative

Current AI, a new organization, aims to raise $2.5 billion to support open-source AI development and measure its societal impact, with backing from tech industry leaders and several governments.

2 Sources

AI-Powered Voice Cloning Scam Targets Italian Business Elite

A sophisticated AI-driven scam using a cloned voice of Italy's Defence Minister has targeted prominent Italian business leaders, resulting in a million-euro fraud and sparking concerns about AI misuse in cybercrime.

6 Sources

Brookfield's €20 Billion Investment Boosts France's AI Infrastructure

Brookfield Asset Management plans to invest €20 billion in France's AI infrastructure over the next five years, signaling a major push in Europe's AI race. This investment is part of a larger trend of significant AI-related investments in France.

4 Sources

France Unveils €109 Billion AI Investment Plan to Compete with US Stargate Initiative

French President Emmanuel Macron announces a massive €109 billion private investment in AI, positioning France as a major player in the global AI race. The announcement comes ahead of the Paris AI Summit, setting a tone of competitiveness and innovation.

15 Sources

09 Feb 2025

DeepSeek's Open-Source AI Model Sparks Debate on Future of AI Development

The release of DeepSeek's open-source AI model, rivaling top proprietary systems, has ignited discussions about the future of AI development, its implications for global competition, and the need for effective governance.

3 Sources

Ozak AI: The Rising Star in AI-Powered Cryptocurrency

Ozak AI, an emerging blockchain project combining AI and cryptocurrency, is gaining attention for its potential growth and innovative features in the crypto market.

8 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