Homechevron_rightArchiveschevron_rightBusiness and Economy

Archives

Explore Stories by Date

14 Mar 2025

Aura Secures $5.5 Million in Seed Funding to Revolutionize On-Chain AI Model Ecosystem

Aura, a platform for testing, validating, and accessing on-chain AI models, has raised $5.5 million in seed funding to address challenges in the expanding on-chain AI industry and build a decentralized AI model ecosystem.

2 Sources

Netflix's AI Games VP Mike Verdu Departs After Brief Stint, Raising Questions About Company's AI Strategy

Mike Verdu, Netflix's Vice President of GenAI for Games, has left the company just four months after taking on the role, sparking discussions about the future of AI in gaming and Netflix's strategy in this space.

2 Sources

Flock Safety Secures $275M Funding, Expanding AI-Powered Surveillance Tech and Drone Manufacturing

Surveillance tech startup Flock Safety raises $275 million, reaching a $7.5 billion valuation. The company plans to expand its AI-powered surveillance technology and venture into drone manufacturing.

2 Sources

AI and Wildfires: Reassessing the Safe Haven Status of Electric Utility Bonds

An analysis of how recent developments in AI, cryptocurrency, and wildfires have impacted the perception of electric utility bonds as a safe investment, with insights from financial expert Marty Fridson.

2 Sources

MeiraGTx and Hologen AI Form $430 Million Joint Venture to Accelerate AI-Driven Gene Therapy for Parkinson's Disease

MeiraGTx partners with Hologen AI in a $430 million deal to form Hologen Neuro AI Ltd, aiming to expedite the development of AAV-GAD gene therapy for Parkinson's disease and enhance manufacturing processes using AI.

3 Sources

Bria Secures $40M Funding for Licensed Data-Trained AI Models

Bria, an AI startup, raises $40 million in Series B funding to develop generative AI models trained exclusively on licensed data, addressing copyright concerns in AI-generated content.

2 Sources

OpenAI Proposes Federal Preemption of State AI Laws in Exchange for Model Access

OpenAI submits policy proposals to the White House, advocating for federal preemption of state AI laws in exchange for voluntary access to AI models, aiming to maintain US competitiveness in AI development.

2 Sources

Nvidia Unveils Next-Gen AI Chips: Blackwell Ultra, Vera Rubin, and Rubin Ultra

Nvidia announces its upcoming AI chip lineup, including Blackwell Ultra for 2025, Vera Rubin for 2026, and Rubin Ultra for 2027, promising significant performance improvements and addressing the growing demand for AI computing power.

74 Sources

Apple Faces Backlash Over Delayed AI Features and Credibility Concerns

Apple's reputation takes a hit as prominent tech commentator John Gruber criticizes the company for overpromising on AI features and damaging its credibility. The delay in delivering advanced Siri capabilities raises questions about Apple's AI strategy and leadership.

2 Sources

OpenAI Lobbies Trump Administration for Light AI Regulation and Focus on China Competition

OpenAI submits a proposal to the Trump administration's AI Action Plan, advocating for minimal regulation, federal preemption of state laws, and a focus on competing with China in AI development.

6 Sources

Blackwall Secures €45 Million Series B Funding for AI-Powered Cybersecurity Solution Targeting SMBs

Estonia-based Blackwall raises €45 million in Series B funding to expand its AI-driven cybersecurity solutions for small and medium-sized businesses, focusing on protection against malicious online traffic and bot attacks.

2 Sources

13 Mar 2025

UiPath Acquires Peak.ai to Boost Agentic AI Capabilities in Enterprise Automation

UiPath, a leading enterprise automation company, has acquired Peak.ai to enhance its agentic AI solutions for businesses. The move aims to strengthen UiPath's vertical AI strategy and expand its market presence in retail and manufacturing sectors.

3 Sources

Tesla Partners with Baidu to Enhance Full Self-Driving System in China

Tesla is collaborating with Chinese tech giant Baidu to improve its Full Self-Driving (FSD) system's performance in China, addressing recent customer criticisms and navigating complex regulatory landscapes.

2 Sources

Alibaba Unveils Advanced AI Assistant 'Quark' to Compete in Growing AI Market

Alibaba has launched a new version of its AI assistant app 'Quark', powered by its flagship Qwen reasoning model, integrating advanced features like chatbot, deep thinking, and task execution to compete with rivals in the AI space.

4 Sources

Apollo Hospitals Invests in AI to Ease Healthcare Staff Workload and Improve Patient Care

India's Apollo Hospitals is increasing its investment in AI tools to automate routine tasks, reduce staff workload, and enhance patient care. The move aims to address challenges faced by overworked healthcare professionals and improve overall hospital efficiency.

4 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