Homechevron_rightArchiveschevron_rightBusiness and Economy

Archives

Explore Stories by Date

09 Jun 2025

Taiwan's Exports Surge to Record High, Driven by AI Demand and US Tariff Concerns

Taiwan's exports hit a record $51.74 billion in May, fueled by strong AI demand and pre-emptive orders ahead of potential US tariffs. The 38.6% year-on-year increase surpassed expectations and highlights Taiwan's crucial role in the global tech supply chain.

2 Sources

Rednote Joins Chinese Tech Giants in Releasing Open-Source AI Model

Rednote, a popular Chinese social media platform, has released an open-source large language model called dots.llm1, joining other Chinese tech firms in making their AI models freely available. This move contrasts with many U.S. tech giants and highlights China's growing influence in the global AI landscape.

3 Sources

WPP CEO Mark Read Steps Down Amid AI Disruption and Industry Challenges

Mark Read, CEO of WPP, announces his departure as the world's largest advertising group grapples with AI-driven industry changes and economic uncertainties. The move comes as WPP faces declining share prices and increasing competition in the evolving advertising landscape.

5 Sources

Qualcomm Acquires Alphawave Semi for $2.4 Billion to Boost Data Center and AI Capabilities

Qualcomm has agreed to acquire UK-based chip designer Alphawave Semi for $2.4 billion, aiming to enhance its data center and AI capabilities with high-speed connectivity technology.

18 Sources

UK Financial Regulator Partners with Nvidia to Launch AI 'Supercharged Sandbox' for Financial Firms

The UK's Financial Conduct Authority (FCA) has announced a collaboration with Nvidia to create a 'Supercharged Sandbox' for financial firms to experiment with AI technologies, aiming to boost innovation and economic growth in the sector.

8 Sources

Getty Images and Stability AI Face Off in Landmark UK Copyright Trial

Getty Images and Stability AI begin a high-stakes copyright trial in London, addressing the use of copyrighted images in AI training. The case could set a significant precedent for AI and copyright law.

11 Sources

UK Government Launches Ambitious AI Skills Initiative for Workers and Students

Prime Minister Keir Starmer announces a major AI skills drive in partnership with tech giants, aiming to train 7.5 million workers and boost AI education in schools to strengthen the UK's position as a global AI leader.

7 Sources

Nvidia CEO Praises UK's AI Potential as PM Starmer Pledges £1bn Investment

Nvidia CEO Jensen Huang lauds UK's AI talent and ecosystem, while PM Keir Starmer announces significant investment in AI infrastructure and training. The UK aims to become an "AI maker" with increased computing power and reforms to support tech growth.

14 Sources

Karnataka's New IT Policy: Boosting AI and Tech Innovation Beyond Bengaluru

Karnataka's upcoming IT policy focuses on AI, deep tech, and expanding the tech ecosystem beyond Bengaluru, with significant investments planned for startups and applied AI research.

2 Sources

Apple's AI Strategy: Delayed Siri Update and Subtle Integration at WWDC 2025

Apple's WWDC 2025 showcased a shift in AI strategy, focusing on subtle integrations and design improvements while delaying the highly anticipated AI-powered Siri update.

50 Sources

Vibe Coding: AI's Disruptive Impact on Software Engineering and Job Market

The rise of "vibe coding" using AI tools is transforming software development, promising increased productivity but raising concerns about job security and code quality.

4 Sources

08 Jun 2025

US-China Trade Talks in London: New Disputes Emerge Over AI Chips, Rare Earths, and Student Visas

US-China trade talks in London are set to address fresh disputes over AI technology, rare earth exports, and student visas, threatening a fragile tariff truce reached in Geneva.

7 Sources

Meta's $15 Billion Investment in Scale AI: A Strategic Move to Boost AI Capabilities

Meta invests $15 billion in data-labeling startup Scale AI, acquiring a 49% stake and hiring its co-founder Alexandr Wang to lead a new "superintelligence" team, in a bid to catch up with AI rivals.

97 Sources

UK Government Commits £86 Billion to Science and Technology R&D, Including AI Advancements

The UK government announces a significant £86 billion investment in science and technology research and development, with a focus on AI breakthroughs, new drug treatments, and longer-lasting batteries.

2 Sources

OpenAI's Bold Move: Integrating ChatGPT into College Campuses

OpenAI is pushing to make ChatGPT a central part of college education, from personalized AI accounts for students to AI-assisted tutoring and career guidance. This move is met with both enthusiasm and concern in the academic world.

3 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