Homechevron_rightArchiveschevron_rightBusiness and Economy

Archives

Explore Stories by Date

16 May 2025

Google Leads the Pack in AI Patent Applications, Dominating Generative and Agentic AI

Google has emerged as the frontrunner in AI-related patent applications, surpassing tech giants like IBM and Microsoft. The company's dominance spans across generative AI and the emerging field of agentic AI, reflecting the intense research interest in these cutting-edge technologies.

2 Sources

AI's Impact on Tech Jobs: From Six-Figure Salaries to Precarious Living

A former metaverse engineer's journey from a high-paying job to living in a trailer highlights the growing impact of AI on the tech industry and job market.

2 Sources

Alibaba's Q4 Earnings Miss Raises Concerns Over E-commerce and AI Growth

Alibaba's shares drop after missing Q4 earnings expectations, sparking worries about Chinese consumer spending and AI development progress.

2 Sources

Western Digital and Ingrasys Collaborate on High-Performance Storage Solutions for AI Workflows

Western Digital and Ingrasys partner to develop innovative storage solutions for AI workloads, including a new Top-of-Rack switch with embedded storage, while Western Digital expands its ecosystem collaboration and product offerings.

4 Sources

Airtel Launches AI-Powered Fraud Detection Solution for OTT Platforms and Websites

Bharti Airtel introduces a new AI-powered fraud detection tool that blocks malicious websites across various communication platforms, including OTT apps, emails, and browsers.

5 Sources

15 May 2025

Wix Challenges Adobe and Canva with Launch of AI-Powered Design Platform Wixel

Wix, the website builder company, has entered the competitive visual design market with Wixel, an AI-driven platform aimed at democratizing design for both professionals and novices.

3 Sources

Hedra Secures $32M in Series A Funding to Advance AI-Generated Character Videos

Hedra, an AI startup specializing in lifelike video generation, has raised $32 million in a Series A funding round led by Andreessen Horowitz. The company aims to revolutionize character-driven storytelling with its advanced AI models.

4 Sources

Alibaba Reports 6% Annual Revenue Growth, Highlighting AI-Driven Strategy Amid Economic Uncertainties

Alibaba's latest financial results show a 6% increase in annual revenue and a 62% surge in net income, demonstrating the effectiveness of its AI-driven strategy and signaling renewed strength in China's tech sector despite economic challenges.

3 Sources

Box Unveils New AI Agents for Enhanced Enterprise Content Management

Box introduces a suite of AI agents designed to revolutionize enterprise content management, offering advanced search, research, and data extraction capabilities, along with integration into Microsoft 365 Copilot.

4 Sources

OpenAI's New Restructuring Plan Faces Criticism from 'Not For Private Gain' Group

A group opposing OpenAI's restructuring has raised concerns about the company's new organizational plan, arguing it still doesn't adequately safeguard against the development of dangerous AI technology.

2 Sources

Infosys Expands Collaboration with DNB Bank to Accelerate Digital Transformation

Infosys announces an extended partnership with Norway's largest bank, DNB, to modernize its IT infrastructure and enhance customer experience using AI and ML technologies.

2 Sources

Stability AI and Arm Unveil Stable Audio Open Small: A Lightweight, On-Device Audio Generation Model

Stability AI, in collaboration with Arm, has released Stable Audio Open Small, a compact and efficient audio-generating AI model capable of running on smartphones and other mobile devices.

2 Sources

Klarna's AI Gambit: From Efficiency Boost to Financial Setback

Klarna, the buy-now-pay-later giant, faces challenges after its aggressive AI adoption strategy, including workforce reduction and delayed IPO plans, amid rising losses and economic uncertainties.

11 Sources

XPeng Unveils Next-Generation P7 Electric Sports Sedan with Advanced AI Features

XPeng, the Chinese AI-driven smart electric vehicle company, has revealed the first images of its next-generation P7 sports sedan, showcasing a blend of cutting-edge AI technology, smart driving capabilities, and luxurious design.

3 Sources

Microsoft to Retire Bing Search APIs, Shifting Focus to AI-Powered Alternatives

Microsoft announces the retirement of Bing Search APIs, directing developers towards AI-powered alternatives like Azure AI Agents. This move signals a significant shift in the search engine landscape and Microsoft's strategic focus on AI integration.

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