Homechevron_rightArchiveschevron_rightBusiness and Economy

Archives

Explore Stories by Date

07 Jun 2025

Tesla's Optimus Robot Program Head Milan Kovac Resigns Amid Ambitious Expansion Plans

Milan Kovac, VP of Engineering for Tesla's Optimus humanoid robot program, has announced his departure from the company. This leadership change comes as Tesla prepares to scale up its robotics and autonomous vehicle initiatives.

3 Sources

X Partners with Polymarket: Merging Social Media and Prediction Markets

Elon Musk's X (formerly Twitter) announces a partnership with Polymarket, a cryptocurrency-based prediction market platform, integrating real-time social media insights with betting capabilities.

4 Sources

Amazon's AI-Powered Humanoid Robots: Revolutionizing Delivery and Cutting Costs

Amazon is developing AI-powered humanoid robots for package delivery, potentially saving billions in logistics costs and reshaping the e-commerce landscape.

2 Sources

Shopify Emerges as 'Under-the-Radar' AI Player in E-Commerce, Wells Fargo Analyst Predicts

Wells Fargo analyst Andrew Bauch highlights Shopify's potential in AI-driven e-commerce, raising the price target and calling it an "under-the-radar AI story" with significant growth opportunities.

2 Sources

Andhra Pradesh Partners with Nvidia to Establish AI University and Boost AI Ecosystem

Andhra Pradesh government signs MoU with Nvidia to set up an AI university, train 10,000 engineering students, and support 500 AI startups, positioning the state as a leader in AI innovation and talent development.

3 Sources

US-UAE AI Data Campus Deal Faces Security Hurdles Despite High-Profile Announcement

A multi-billion dollar deal to build one of the world's largest AI data center hubs in the UAE, involving major US tech companies, is far from finalized due to persistent security concerns and geopolitical complexities.

4 Sources

Nvidia's Staggering $90 Million Per-Employee Value: A New Era of AI-Driven Efficiency

Nvidia's unprecedented market value per employee highlights shifting trends in corporate efficiency and workforce distribution, sparking discussions on AI's impact on employment.

2 Sources

Pony.ai Launches Road Testing of Gen-7 Robotaxis in China, Accelerating Mass Production Plans

Pony.ai begins public road testing of its seventh-generation Robotaxis in Guangzhou and Shenzhen, marking a significant step towards mass production and commercialization of autonomous vehicles in China.

2 Sources

PwC Report Challenges AI Job Loss Fears: AI Makes Workers More Valuable

PwC's 2025 Global AI Jobs Barometer report reveals that AI is creating jobs, increasing wages, and making workers more valuable across industries, contrary to widespread fears of job losses and wage cuts.

3 Sources

06 Jun 2025

Genpact Acquires XponentL Data to Bolster AI and Data Capabilities

Genpact has acquired XponentL Data, a provider of data products and AI solutions, to enhance its AI and data strategy capabilities. The acquisition aims to strengthen Genpact's offerings in AI-first services and data expertise.

3 Sources

OpenAI Forced to Retain Deleted ChatGPT Conversations Amid NYT Lawsuit, Sparking Privacy Concerns

OpenAI is appealing a court order that requires it to indefinitely store deleted ChatGPT conversations as part of The New York Times' copyright lawsuit. The company argues this violates user privacy, while CEO Sam Altman calls for 'AI privilege' to protect user-AI interactions.

10 Sources

Broadcom's Q2 2025 Results: AI and VMware Drive Record Revenue and Growth

Broadcom reports strong Q2 2025 results, with significant growth in AI semiconductor sales and VMware integration. The company's focus on AI hardware and software solutions continues to drive its success in the tech industry.

2 Sources

Elon Musk and Donald Trump's Feud: Implications for Tech Industry and Government Relations

The public fallout between Elon Musk and Donald Trump highlights the complex relationship between tech giants and the government, with potential consequences for Musk's business empire and the broader tech industry.

14 Sources

Amazon Invests $5 Billion in Taiwan for New AWS Region, Boosting AI and Cloud Infrastructure

Amazon announces a $5 billion investment in Taiwan to establish a new AWS Asia Pacific Region, enhancing its cloud services and AI capabilities while supporting local data residency requirements.

3 Sources

DocuSign's Q1 FY2026 Results: Strong Earnings Overshadowed by Billings Outlook and AI Transformation

DocuSign reports strong Q1 FY2026 results but faces stock decline due to lowered billings forecast. The company is transitioning to an AI-driven platform while expanding its product offerings.

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