Homechevron_rightArchiveschevron_rightBusiness and Economy

Archives

Explore Stories by Date

08 Mar 2025

AI Agents in DeFi: Revolutionizing Financial Markets with Intelligent Systems

AI agents are transforming decentralized finance, offering autonomous trading, risk management, and portfolio optimization. This emerging technology promises to create a more efficient and accessible financial ecosystem, but also faces challenges in implementation and regulation.

2 Sources

Anysphere's Cursor AI Coding Tool Sparks Investor Frenzy, Nearing $10 Billion Valuation

Anysphere, the startup behind the AI-powered code editor Cursor, is in talks to raise hundreds of millions at a valuation approaching $10 billion, highlighting the booming AI coding sector and investor enthusiasm.

2 Sources

U.S. Justice Department Drops Bid to Force Google's AI Divestment, Maintains Other Antitrust Measures

The DOJ has withdrawn its proposal to make Google sell its AI investments but continues to pursue other antitrust measures, including the sale of Chrome browser, to address Google's search monopoly.

11 Sources

NVIDIA's Blackwell GPU Powerhouse: RTX PRO 6000 X with 96GB GDDR7 for AI and Intensive Workloads

NVIDIA is developing a high-end workstation GPU, the RTX PRO 6000 X, based on the Blackwell architecture. It features 96GB of GDDR7 memory and is designed for AI applications and intensive workloads.

2 Sources

AI Weather Model Revolutionizes Energy Trading and Forecasting

A new AI-powered weather model developed by the European Centre for Medium-Range Weather Forecasts is transforming energy trading and weather prediction, offering improved accuracy and efficiency over traditional forecasting methods.

2 Sources

Elon Musk's xAI Expands AI Infrastructure with Massive Property Acquisition in Memphis

xAI, Elon Musk's AI company, acquires a one-million-square-foot property in Memphis to expand its AI data center footprint, signaling a significant boost to its supercomputer capabilities and intensifying competition in the AI industry.

5 Sources

Elon Musk's AI Grok Sparks New Solana Meme Coin Frenzy

Elon Musk's AI chatbot Grok inadvertently triggers the creation of a new Solana-based meme coin, GrokCoin, leading to a market frenzy and raising questions about AI's influence on cryptocurrency trends.

2 Sources

Microsoft Develops In-House AI Models to Reduce Dependence on OpenAI

Microsoft is developing its own AI models and exploring partnerships with other AI companies, signaling a potential shift in its relationship with OpenAI and a strategy to diversify its AI capabilities.

11 Sources

Spectra7 Microsystems to Sell Assets to Parade Technologies in $9 Million Deal, Boosting AI and High-Speed Connectivity

Spectra7 Microsystems has agreed to sell substantially all of its assets to Parade Technologies for $9 million, aiming to advance AI-powered computing and high-speed connectivity solutions. The deal includes technology transfer and employee retention.

2 Sources

Microsoft Shifts Data Centre Strategy to Nordic Region for AI-Driven Expansion

Microsoft is adopting a "power first" approach for its data centre expansion, focusing on the Nordic region's efficient energy infrastructure to support its AI-driven growth and carbon neutrality goals.

3 Sources

DeepSeek's Rise: Efficiency Breakthrough Sparks Privacy Concerns and Industry Shakeup

Chinese AI startup DeepSeek gains prominence with efficient models, prompting discussions on US AI leadership and data privacy concerns across popular chatbots.

6 Sources

AI-Native Banking and Fintech Conference Returns to Salt Lake City in 2025

The second annual AI-Native Banking and Fintech Conference, focusing on real-world AI applications in financial services, is set to take place on September 30, 2025, in Salt Lake City.

2 Sources

Reflection AI Emerges with $130M Funding to Pursue Superintelligent Autonomous Coding Systems

Reflection AI, a startup founded by ex-Google DeepMind researchers, launches with $130 million in funding to develop superintelligent autonomous systems, starting with autonomous coding agents.

4 Sources

Palantir Delivers AI-Powered TITAN Systems to U.S. Army, Marking New Era in Military Technology

Palantir Technologies has begun delivering its AI-enabled TITAN systems to the U.S. Army under a $178 million contract, representing a significant milestone in the integration of advanced software and AI in military operations.

4 Sources

Karnataka's Budget 2025-26: Boosting AI, Startups, and Tech Innovation

Karnataka's latest budget allocates significant funds for AI initiatives, startup ecosystem expansion, and technological innovation, positioning the state as a leader in India's tech landscape.

2 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