Homechevron_rightArchiveschevron_rightBusiness and Economy

Archives

Explore Stories by Date

03 Jun 2025

Meta's Nuclear Power Deal Sparks AI Energy Revolution and Boosts Uranium Stocks

Meta Platforms signs a 20-year agreement with Constellation Energy for nuclear power, highlighting the growing demand for sustainable energy solutions in the AI industry and causing a surge in uranium-related stocks.

7 Sources

AI 'Vibe Coding' Startups Surge with Sky-High Valuations Amid Industry Transformation

AI-powered code generation startups are attracting massive investments and valuations, transforming the software development landscape. However, these startups face challenges including profitability concerns and competition from tech giants.

7 Sources

OpenAI Expands AI for Impact Accelerator in India: Grants $150,000 to 11 Nonprofits

OpenAI has selected 11 Indian nonprofits for its AI for Impact Accelerator program, providing $150,000 in API credits to support AI solutions in various sectors including education, healthcare, and agriculture.

2 Sources

Meta Secures 20-Year Nuclear Power Deal to Fuel AI Ambitions

Meta has signed a multi-billion dollar agreement with Constellation Energy to keep the Clinton Clean Energy Center nuclear power plant operational, securing a long-term clean energy source for its growing AI and data center needs.

43 Sources

AI Boosts Productivity and Wages in Tech Sectors, PwC Study Reveals

PwC's Global AI Jobs Barometer shows significant productivity and wage growth in AI-exposed industries, particularly in software and finance, while highlighting the need for widespread AI skills development.

2 Sources

The AI Debate: Creativity, Ethics, and the Future of Human Work

A comprehensive look at the ongoing debate surrounding AI in creative industries, its impact on jobs, and the ethical concerns raised by its rapid advancement and implementation.

4 Sources

Google DeepMind CEO Unveils AI-Powered Email Revolution: The End of Inbox Overload?

Demis Hassabis, CEO of Google DeepMind, reveals plans for an AI-powered email system to revolutionize digital communication, promising to sort, respond, and manage inboxes efficiently.

4 Sources

Microsoft's Data Center Expansion Challenges Sustainability Goals Amid AI Boom

Microsoft's latest sustainability report reveals a 23.4% increase in carbon emissions since 2020, primarily due to rapid data center expansion for cloud and AI operations, posing challenges to the company's carbon reduction goals.

2 Sources

Salesforce Acquires AI Recruiting Startup Moonhub to Bolster AI Strategy

Salesforce has acquired Moonhub, an AI-driven recruiting startup, as part of its ongoing AI strategy. The Moonhub team will join Salesforce to advance its AI initiatives, including the Agentforce platform.

4 Sources

NVIDIA's DGX Spark: A Compact AI Powerhouse Set to Launch in July 2025

NVIDIA unveils the DGX Spark, a mini AI supercomputer featuring the GB10 Grace Blackwell Superchip, set to launch in July 2025 with various OEM partners offering customized versions.

3 Sources

NxtQuantum Set to Launch AI+ Nova 5G Series: Affordable AI-Powered Smartphones Made in India

NxtQuantum Shift Technologies is preparing to introduce its AI+ Nova 5G series in India, featuring affordable smartphones with AI capabilities and eco-friendly design. The launch is set for June 25, with prices ranging from Rs. 5,000 to Rs. 8,000.

5 Sources

TSMC Reports Strong AI Demand Amid Tariff Concerns and Quashes Middle East Expansion Rumors

TSMC CEO C.C. Wei addresses the impact of US tariffs on the semiconductor industry, highlighting robust AI demand that continues to outpace supply. The company also denies rumors of expanding operations to the Middle East.

8 Sources

Microsoft Cuts Hundreds More Jobs Amid AI Integration and Workforce Restructuring

Microsoft has laid off over 300 employees at its Washington headquarters, following a larger round of 6,000 job cuts last month. The layoffs primarily affect software engineering roles and come as the company increasingly integrates AI into its operations.

6 Sources

Valla Raises $2.7M to Democratize Legal Support for Employees Using AI

Edinburgh-based legal tech startup Valla secures $2.7 million in seed funding to make legal recourse more accessible to employees through AI-powered tools and coaching.

2 Sources

IBM Acquires Seek AI and Launches Watsonx AI Labs in NYC, Boosting Enterprise AI Capabilities

IBM acquires Seek AI, a natural language data analysis startup, and launches Watsonx AI Labs in New York City to accelerate AI innovation and development for enterprise solutions.

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