Homechevron_rightArchiveschevron_rightBusiness and Economy

Archives

Explore Stories by Date

03 May 2025

Airbnb Rolls Out AI Customer Service Bot in the US, Reducing Live Agent Interactions by 15%

Airbnb introduces an AI-powered customer service bot in the US, with 50% of users already engaging with it. The company reports a 15% reduction in live agent interactions and plans for full US rollout this month.

3 Sources

Taiwan Semiconductor Emerges as Top AI Investment Pick Amid Strong Tech Earnings

Morgan Stanley highlights Taiwan Semiconductor Manufacturing as a top stock pick following robust AI spending reports from Meta and Microsoft, signaling sustained demand in the AI sector.

2 Sources

Reddit Integrates AI-Powered 'Reddit Answers' into Main Search Bar

Reddit is enhancing its search functionality by integrating its AI-powered 'Reddit Answers' feature into the main search bar, aiming to streamline user experience and compete with traditional search engines.

2 Sources

02 May 2025

DuPont's Q1 Profit Surge Driven by AI Chip Boom Amid Tariff Concerns

DuPont reports strong Q1 results, beating Wall Street expectations, largely due to increased sales in its electronics unit driven by AI technology applications. The company also warns of potential tariff impacts on full-year earnings.

2 Sources

Judge Allows Elon Musk's Lawsuit Against OpenAI to Proceed, Narrowing Claims

A California judge has allowed Elon Musk's lawsuit against OpenAI to move forward, rejecting attempts to dismiss the case. The ruling narrows the scope of claims but keeps key allegations intact, setting the stage for a potential legal showdown between tech billionaires.

6 Sources

xMEMS Labs' Tiny Cooling Chip Set to Revolutionize AI Data Center Efficiency

xMEMS Labs adapts its ultrasonic MEMS "fan-on-a-chip" technology for cooling optical transceivers in AI data centers, potentially improving performance and longevity of critical components.

2 Sources

Amazon's Alexa+ Reaches 100,000 Users: Progress and Challenges in AI Assistant Rollout

Amazon's AI-powered Alexa+ has been rolled out to over 100,000 users, marking a significant milestone in its deployment. However, the assistant still lacks some key features and faces accuracy challenges.

6 Sources

Amazon's AWS Growth Slows, but AI Investments Promise Bigger Future

Amazon Web Services (AWS) reports slower growth, but CEO Andy Jassy remains optimistic about AI-driven expansion and cloud adoption. The company faces challenges from tariffs and supply constraints while heavily investing in AI technologies.

2 Sources

AI Drives 'Fifth Industrial Revolution' in Advertising, Says WPP CEO Mark Read

WPP CEO Mark Read highlights AI's transformative impact on the advertising industry, positioning it as the driver of a 'fifth industrial revolution'. He discusses WPP's AI strategy, global market challenges, and India's growing importance in the company's future plans.

2 Sources

Meta's AI Ambitions: Zuckerberg's Vision Clashes with Reality

Meta's Q1 2025 earnings reveal strong ad performance, but Zuckerberg's focus on AI and metaverse faces skepticism as Reality Labs division continues to lose billions.

2 Sources

Mark Zuckerberg Proposes AI as Solution to Loneliness, Sparking Debate and Concerns

Meta CEO Mark Zuckerberg suggests AI chatbots could address the loneliness epidemic and act as virtual friends and therapists, raising questions about the societal implications and potential risks of such technology.

10 Sources

E2E Cloud Launches TIR AI/ML Platform for Media & Entertainment Industry

E2E Cloud introduces TIR, an AI/ML platform designed to revolutionize content creation in the media and entertainment industry, offering a range of GenAI tools for various stages of production.

2 Sources

Global Digital Evolution Index Reveals Post-Pandemic Slowdown and AI's Impact on Digital Economies

The Fletcher School at Tufts University unveils the Digital Evolution Index, highlighting global digital deceleration and AI's role in amplifying digital advantages across 125 economies.

2 Sources

Amazon's Q1 2025 Earnings: Strong Growth Amid AI Investments and Tariff Uncertainties

Amazon reports 9% revenue increase in Q1 2025, with significant AI investments and cloud computing growth. However, outlook is tempered by uncertainties surrounding US-China trade tensions and new tariffs.

3 Sources

Apple Delays Enhanced Siri Features, CEO Tim Cook Addresses Concerns

Apple CEO Tim Cook acknowledges delays in rolling out advanced Siri features, citing the need for more development time to meet quality standards. The company remains committed to delivering improved AI capabilities despite setbacks.

6 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