Homechevron_rightArchiveschevron_rightBusiness and Economy

Archives

Explore Stories by Date

04 Jun 2025

TSMC's Global Expansion: Japan Delays and US Prioritization Amid AI Chip Demand

TSMC faces delays in its Japan expansion due to infrastructure challenges, while prioritizing its US investment. The company navigates geopolitical tensions and increasing demand for AI chips.

2 Sources

Wipro Secures Multi-Year Deal with Entrust, Leveraging AI for Digital Transformation

Wipro signs a multi-year agreement with Entrust to support digital transformation, product development, and infrastructure upgrades, incorporating AI-powered solutions to enhance operations and security.

3 Sources

Zscaler Unveils Advanced AI and Zero Trust Capabilities to Enhance Enterprise Security

Zscaler announces new AI-powered security features and zero trust solutions at Zenith Live 2025, addressing challenges in AI adoption and distributed environments.

4 Sources

Amazon's MGM Studios Fast-Tracks Movie on OpenAI's 2023 Boardroom Drama

Amazon's MGM Studios is developing a film titled 'Artificial' about the 2023 OpenAI boardroom drama involving Sam Altman's firing and rehiring. Luca Guadagnino is in talks to direct, with potential casting including Andrew Garfield as Sam Altman.

6 Sources

Peloton Launches AI-Powered Resale Platform for Used Equipment

Peloton introduces Repowered, an AI-assisted marketplace for reselling used bikes and treadmills, aiming to tap into the booming secondary market and attract new users.

2 Sources

Broadcom's AI Chip Business Drives Strong Q2 Earnings, Despite Stock Dip

Broadcom reports impressive Q2 earnings driven by AI chip demand, but experiences a stock dip due to high investor expectations. The company forecasts continued AI-driven growth into fiscal 2026.

29 Sources

NVIDIA's Custom Chip Powers Nintendo Switch 2: A Technological Leap in Mobile Gaming

NVIDIA CEO Jensen Huang reveals details about the custom processor in the upcoming Nintendo Switch 2, highlighting its advanced graphics capabilities and AI-driven enhancements.

3 Sources

Cornelis Networks Revives Omni-Path with 400Gbps Interconnect, Challenging Nvidia's InfiniBand in AI and HPC Markets

Cornelis Networks, an Intel spin-off, launches its 400Gbps CN5000 line of switches and NICs, reviving the Omni-Path interconnect technology to compete with Nvidia's InfiniBand in AI and HPC markets, promising better performance at lower costs.

3 Sources

Speedata Raises $44M to Challenge Nvidia with Innovative Analytics Processing Unit

Israeli chip startup Speedata secures $44M in Series B funding, bringing its total to $114M, as it prepares to unveil its Analytics Processing Unit (APU) designed to accelerate big data analytics and AI workloads.

4 Sources

Broadcom's Tomahawk 6: A Game-Changer for AI Networking

Broadcom launches Tomahawk 6, a high-performance networking chip designed to enhance AI infrastructure, challenging Nvidia's dominance in the market.

6 Sources

Workday Unveils New AI Developer Toolset to Streamline Agent Management and App Development

Workday introduces a comprehensive AI developer toolset at DevCon 2025, including Agent Gateway, AI Widgets, and expanded APIs, positioning itself as an AI platform for managing people, money, and agents.

3 Sources

Agentic AI: The Next Frontier in Business Automation and Innovation

Agentic AI is revolutionizing business operations with autonomous, goal-driven agents that can make decisions and execute complex tasks with minimal human intervention. This technology is set to transform industries from customer service to manufacturing.

7 Sources

03 Jun 2025

Ciroos.AI Raises $21M for AI-Powered Site Reliability Engineering Platform

Ciroos.AI, an AI startup, has emerged from stealth with $21 million in funding to develop an AI-powered site reliability engineering assistant that aims to revolutionize incident response and system management across multiple domains.

2 Sources

Snowflake Unveils AI-Powered Tools to Empower Business Analysts and Streamline Data Workflows

Snowflake introduces new AI-driven features at its annual Summit, aiming to transform business analysts into AI developers and simplify data management for enterprises.

12 Sources

Snowflake Unveils Openflow: Revolutionizing Data Management for AI Innovation

Snowflake launches Openflow, a new platform designed to streamline data integration and management for businesses in the age of AI, offering enhanced interoperability and simplified data pipelines.

4 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