Homechevron_rightArchiveschevron_rightBusiness and Economy

Archives

Explore Stories by Date

01 May 2025

Nvidia CEO Urges AI Export Rule Revision Amid Global Competition and China's AI Advancements

Nvidia CEO Jensen Huang calls for changes to AI chip export regulations, highlighting China's rapid progress in AI and the potential consequences of restrictive policies on U.S. technological leadership.

19 Sources

Palantir's Strong Q1 Earnings Fail to Impress Wall Street Amid Valuation Concerns

Palantir reports solid Q1 2025 results with significant revenue growth, but stock tumbles as analysts express concerns over high valuation despite the company's strong position in the AI market.

28 Sources

Nvidia and Anthropic Clash Over U.S. AI Chip Export Controls

Anthropic supports tighter U.S. AI chip export controls, while Nvidia opposes them, highlighting a growing divide in the AI industry over international trade policies.

15 Sources

EXL Reports Strong Q1 2025 Results with 53% Revenue from AI Services, Launches EXLerate.ai Platform

EXL, a global data and AI company, posts $501 million in Q1 2025 revenue, with 53% coming from AI services. The company launches EXLerate.ai, an agentic AI platform, and raises its full-year revenue guidance.

3 Sources

Microsoft Showcases AI Innovation at IDC Pinnacle Summit 2025 in India

Microsoft's IDC Pinnacle Summit 2025 in Hyderabad highlights India's growing role in AI innovation, featuring discussions on agentic AI, developer empowerment, and showcases of AI applications across various sectors.

2 Sources

Google Invests in Electrician Training to Meet AI's Growing Power Demands

Google announces a $10 million grant to train electricians, addressing the increasing power needs of AI-driven data centers and highlighting the intersection of AI development and energy infrastructure.

5 Sources

Pinterest Combats AI-Generated Content with New Labeling and Filtering Tools

Pinterest introduces new features to address the proliferation of AI-generated content on its platform, including AI image labeling and user controls to reduce AI content exposure.

6 Sources

Microsoft and Meta Lead Tech Rally with Strong AI-Driven Earnings

Microsoft and Meta Platforms report better-than-expected earnings, driven by AI investments and cloud growth, sparking a rally in tech stocks amid global trade uncertainties.

43 Sources

Persona Secures $200M Funding to Revolutionize Identity Verification in the Age of AI

Identity verification startup Persona raises $200 million in Series D funding, reaching a $2 billion valuation. The company aims to build a verified identity layer to address challenges posed by AI agents and evolving digital landscapes.

3 Sources

Microsoft Expands European Cloud and AI Infrastructure, Pledging Digital Resilience Amid Geopolitical Tensions

Microsoft announces five digital commitments to Europe, including significant expansion of cloud and AI infrastructure, data privacy measures, and cybersecurity enhancements, aiming to strengthen European digital sovereignty and resilience.

2 Sources

Samsung Reports Record Q1 Revenue, Driven by Strong Galaxy S25 Sales and AI Integration

Samsung Electronics announces its best quarter ever, with record revenue largely attributed to strong sales of the Galaxy S25 series and AI-related products. The company teases upcoming launches, including the Galaxy S25 Edge and XR devices.

2 Sources

AI-Powered Tax Automation Startup Kintsugi Secures $18M Funding, Doubles Valuation

Kintsugi, an AI-driven tax automation startup, has raised $18 million in funding led by Vertex Inc., doubling its valuation to $150 million. The company aims to revolutionize sales tax compliance for small and medium businesses using AI technology.

3 Sources

Google and Apple Near Deal to Integrate Gemini AI into iPhones

Google CEO Sundar Pichai reveals plans to integrate Gemini AI into Apple's iPhone, potentially alongside ChatGPT, as part of Apple Intelligence. The deal could be finalized by mid-2025, marking a significant collaboration between tech giants.

19 Sources

StarTree Enhances Real-Time Analytics Platform with AI Agent Support and Vector Embedding

StarTree Inc. has announced significant upgrades to its real-time analytics platform, including support for Anthropic's Model Context Protocol and vector embedding model hosting, aimed at boosting AI workload capabilities and improving data accessibility for AI agents.

2 Sources

FLOKI and Rice Robotics Unveil AI Companion Robot with Blockchain Integration

FLOKI partners with Rice Robotics to launch the FLOKI Minibot M1, an AI-powered companion robot that combines robotics, blockchain, and tokenized rewards, marking a significant step in the integration of AI, blockchain, and real-world applications.

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