Homechevron_rightArchiveschevron_rightBusiness and Economy

Archives

Explore Stories by Date

07 Mar 2025

Google Co-Founder Larry Page Launches AI Startup Dynatomics to Revolutionize Manufacturing

Larry Page, co-founder of Google, has launched a new AI startup called Dynatomics, aiming to transform product design and manufacturing processes using advanced artificial intelligence technologies.

6 Sources

Mistral AI Launches Advanced OCR API, Outperforming Industry Giants

Mistral AI introduces a powerful new Optical Character Recognition (OCR) API that converts complex documents into AI-ready formats, claiming superior performance over competitors like Google, Microsoft, and OpenAI.

6 Sources

OpenAI and Oracle's Stargate Project: 64,000 Nvidia GPUs for Massive AI Data Center in Texas

OpenAI and Oracle are set to launch the first facility of their $100 billion Stargate infrastructure venture, starting with a data center in Abilene, Texas, equipped with 64,000 Nvidia GB200 AI chips by 2026.

5 Sources

Crogl Raises $30M and Launches AI-Powered Knowledge Engine for Enterprise Security

Cybersecurity startup Crogl secures $30M in funding and unveils an AI-driven knowledge engine to revolutionize enterprise security operations, promising to scale threat detection and response while maintaining compliance.

2 Sources

Turing Secures $111M Funding, Doubles Valuation to $2.2B as Key AI Infrastructure Provider

Turing, a crucial coding provider for AI companies like OpenAI, has raised $111 million in a Series E funding round, doubling its valuation to $2.2 billion. The company's pivot to AI infrastructure and training data provision has fueled its rapid growth and profitability.

3 Sources

Globant Revolutionizes Fan Experience at LA Clippers' Intuit Dome with AI-Driven Technology

Globant partners with LA Clippers to create an innovative, AI-powered fan experience at Intuit Dome, setting a new standard for smart stadiums and immersive entertainment.

2 Sources

Peer Global Inc. Raises $10.5M for Metaverse Game Engine and Launches 3D Personal Planets

Peer Global Inc. secures $10.5M in funding to develop its AI-powered metaverse game engine and launches 3D personal planets feature, aiming to transform social media and gaming experiences.

2 Sources

India Launches AIKosha and AI Compute Portal to Boost AI Innovation

The Indian government unveils major AI initiatives including AIKosha and the IndiaAI Compute Portal, offering affordable access to datasets and high-performance computing resources to accelerate AI development in the country.

9 Sources

AGNTCY: A New Open-Source Initiative for AI Agent Interoperability

Cisco, LangChain, and Galileo launch AGNTCY, an open-source collective aiming to create standardized infrastructure for AI agents to work together across vendor boundaries.

2 Sources

Gorilla Technology Group's AI Pivot Draws Scrutiny Amid Soaring Stock Price

Gorilla Technology Group faces skepticism from short seller The Bear Cave following a 1,200% stock surge. The company's aggressive pivot to AI and unconventional partnerships raise questions about its rapid growth and financial reporting.

2 Sources

Faireez Emerges from Stealth with $7.5M to Revolutionize Residential Housekeeping Using AI

Faireez, a startup combining AI technology with dedicated housekeepers, launches with $7.5M in funding to bring hotel-quality cleaning services to residential buildings.

2 Sources

Siemens Invests $285 Million in US Manufacturing, Boosting AI Capabilities

Siemens announces a $285 million investment in US manufacturing, including two new facilities in California and Texas, creating 900 jobs and enhancing AI data center capabilities.

3 Sources

Microsoft Invests $297 Million in AI and Cloud Infrastructure Expansion in South Africa

Microsoft announces a significant investment of 5.4 billion rand ($297 million) to expand its AI and cloud infrastructure in South Africa, aiming to boost digital skills and technological capabilities in the region.

5 Sources

Socure Launches AI-Powered Identity Manipulation Risk Score to Combat First-Party Fraud

Socure introduces a new AI-driven tool, the Identity Manipulation Risk Score, embedded within Sigma First-Party Fraud solution. This innovative approach aims to detect and prevent first-party fraud, a growing $100 billion problem in the digital economy.

3 Sources

Home Depot Launches 'Magic Apron': AI-Powered Customer Service Tool to Boost Online Shopping Experience

Home Depot introduces Magic Apron, a generative AI-powered online concierge, to enhance customer support and revitalize sales by bringing in-store expertise to digital platforms.

5 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