Homechevron_rightArchiveschevron_rightBusiness and Economy

Archives

Explore Stories by Date

26 Jun 2025

Tech Giants' Net-Zero Goals Threatened by AI and Data Center Boom

A new report reveals that the rapid expansion of AI and data centers is jeopardizing the ambitious climate pledges made by major tech companies, as their energy consumption skyrockets.

6 Sources

Google Introduces Annual Subscription for AI Pro, Offering Significant Savings

Google has launched an annual subscription option for its AI Pro plan, priced at $199.99, providing users with advanced AI features and cost savings compared to the monthly billing option.

5 Sources

Anthropic's Controversial Book Destruction for AI Training: Legal Victory and Ethical Concerns

Anthropic, an AI company, destroyed millions of physical books to train its AI model Claude, sparking debates on data acquisition methods, copyright, and ethics in AI development.

4 Sources

OpenAI CEO Sam Altman Confronts New York Times Lawsuit and Industry Challenges at Live Podcast Event

Sam Altman and Brad Lightcap of OpenAI address the NYT lawsuit, user privacy concerns, and industry competition during a live recording of the "Hard Fork" podcast, highlighting tensions between AI companies and traditional media.

3 Sources

Amazon CEO Andy Jassy Predicts AI Will Reshape Workforce, Reducing Some Jobs While Creating New Opportunities

Amazon CEO Andy Jassy discusses the impact of AI on the company's workforce, predicting job reductions in some areas while highlighting new opportunities in AI and robotics.

8 Sources

Microsoft and OpenAI Clash Over AGI Clause in Partnership Agreement

A contractual provision related to artificial general intelligence (AGI) has become a point of contention between Microsoft and OpenAI, potentially jeopardizing their long-standing partnership and OpenAI's restructuring plans.

8 Sources

European CEOs and Tech Lobby Groups Urge EU to Pause Implementation of AI Act

European business leaders and tech lobby groups are calling for a pause in the implementation of the EU's AI Act, citing concerns about competitiveness and innovation in the rapidly evolving AI landscape.

3 Sources

Centific Secures $60M Series A Funding to Expand AI Data Foundry Services

Centific, a Seattle-based AI services startup, has raised $60 million in Series A funding led by Singaporean VC Jenny Lee of Granite Asia. The company plans to use the funds to enhance its AI infrastructure platform and expand globally.

3 Sources

Metaview Raises $35M to Revolutionize Recruitment with AI-Powered Tools

Metaview, founded by Uber and Palantir alums, secures $35M in funding to develop AI tools for streamlining corporate recruitment processes, aiming to reduce subjectivity and administrative burden in hiring.

2 Sources

Micron's Strong Forecast Driven by AI-Related Memory Chip Demand

Micron Technology reports robust quarterly results and provides an optimistic forecast, largely due to increased demand for AI-related memory chips, particularly in data centers.

25 Sources

Zama Raises $57M to Revolutionize Blockchain Privacy with Fully Homomorphic Encryption

Zama, an open-source cryptography startup, has secured $57 million in Series B funding to develop fully homomorphic encryption (FHE) for blockchain and AI applications, aiming to bring end-to-end encryption to public blockchains.

3 Sources

Microsoft Faces Lawsuit from Authors Over Alleged Use of Pirated Books in AI Training

A group of authors has filed a lawsuit against Microsoft, claiming the company used nearly 200,000 pirated books to train its Megatron AI model without permission, seeking damages and an injunction.

10 Sources

Getty Images Drops Key Copyright Claims Against Stability AI in Landmark UK Lawsuit

Getty Images has withdrawn its primary copyright infringement claims against Stability AI in a high-profile UK legal battle, focusing instead on trademark infringement and secondary copyright claims. The case highlights the complex legal landscape surrounding AI training and image generation.

6 Sources

Syntilay to Design First-Ever Shoe in Space Using AI, Launching New Era of Off-Earth Manufacturing

Florida-based footwear company Syntilay plans to design a shoe in low Earth orbit by 2026, using AI and 3D printing technology. This groundbreaking project, part of a larger mission to explore space-based computing and manufacturing, aims to push the boundaries of innovation and spark consumer interest in off-Earth production.

3 Sources

Nvidia CEO Jensen Huang Envisions Robotics as Next Multi-Trillion Dollar Opportunity

Nvidia CEO Jensen Huang announces that robotics, including self-driving cars, represents the company's biggest market opportunity after AI, signaling a shift from being just a chip company to an AI infrastructure provider.

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