Homechevron_rightArchiveschevron_rightBusiness and Economy

Archives

Explore Stories by Date

17 Jul 2025

AI's Double-Edged Sword: Boosting Salaries While Raising Creativity Concerns in India's Job Market

A Naukri.com report reveals that while AI is driving salary growth and job opportunities across India, it's also sparking fears of diminished creativity, especially among high-earners and creative professionals.

2 Sources

OpenAI Developing Excel and PowerPoint-like Tools for ChatGPT, Potentially Rivaling Microsoft Office

OpenAI is reportedly working on new features for ChatGPT that would allow users to create and edit spreadsheets and presentations, potentially reducing reliance on Microsoft Office applications.

2 Sources

CrowdStrike Unveils Agentic AI Solutions for Advanced Cybersecurity on AWS Marketplace

CrowdStrike announces new AI-powered cybersecurity tools, including falcon-mcp and AI Red Team Services, now available on AWS Marketplace to enhance threat detection, prevention, and response capabilities.

2 Sources

Microsoft's Copilot Struggles to Compete with ChatGPT Despite Massive Investment

Microsoft's AI assistant Copilot lags behind ChatGPT in downloads and user adoption, despite the company's significant investment in AI technology and infrastructure.

4 Sources

GM and Redwood Materials Partner to Repurpose EV Batteries for Energy Storage

General Motors and Redwood Materials have signed a non-binding agreement to repurpose new and used EV batteries for energy storage systems, addressing the growing demand for electricity and supporting grid resilience.

5 Sources

Elon Musk's xAI in Talks with Saudi Firm Humain for Massive Data Center Deal

Elon Musk's AI startup xAI is negotiating to lease data center capacity in Saudi Arabia, exploring partnerships with Humain and another unnamed company to expand its AI infrastructure in regions with cheap energy and political support.

4 Sources

Microsoft and Idaho National Laboratory Partner to Accelerate Nuclear Power Licensing with AI

Microsoft and the Idaho National Laboratory are collaborating to use AI in streamlining the complex process of securing permits for new nuclear power plants, potentially reducing the time and effort required for licensing applications.

8 Sources

AWS Unveils Bedrock AgentCore: A Game-Changer for Enterprise AI Agents

Amazon Web Services introduces Bedrock AgentCore, a comprehensive platform for building, deploying, and managing AI agents at scale, aiming to revolutionize how businesses interact with AI technologies.

12 Sources

OpenAI Ventures into E-commerce: ChatGPT to Integrate Payment Checkout System

OpenAI plans to integrate a payment checkout system within ChatGPT, allowing the company to take a cut from online product sales made through the chatbot. This move signifies OpenAI's entry into e-commerce and its strategy to diversify revenue streams.

6 Sources

Google Introduces AI-Powered Business Calling and Enhances AI Mode in Search

Google rolls out an AI-powered business calling feature in the US and upgrades its AI Mode with Gemini 2.5 Pro and Deep Search capabilities, aiming to streamline information gathering and enhance user experience.

16 Sources

Scale AI Cuts 14% of Workforce Amid Industry Shifts Following Meta's $14.3 Billion Investment

Scale AI, a data labeling startup, lays off 200 employees and cuts ties with 500 global contractors following Meta's $14.3 billion investment and the departure of its CEO to Meta's superintelligence lab.

11 Sources

L&T Technology Services Reports Strong Q1 FY26 Growth, Launches AI Framework PLxAI

L&T Technology Services (LTTS) reports 16.4% YoY revenue growth in Q1 FY26, secures multiple large deals, and launches proprietary AI framework PLxAI to accelerate product development for global clients.

3 Sources

Inside OpenAI: Former Engineer Reveals Culture of Secrecy, Intensity, and Rapid Growth

A former OpenAI engineer, Calvin French-Owen, shares insights into the company's internal culture, highlighting its rapid growth, intense work environment, and unique operational practices.

6 Sources

Trump Media Ventures into AI with "Truth Social AI" Trademark Applications

Trump Media and Technology Group, owner of Truth Social, has filed trademark applications for AI-related features, signaling a move into artificial intelligence to enhance its social media platform and expand its offerings.

4 Sources

Elon Musk's xAI Seeks Engineers for AI Anime Companions with Salaries up to $440,000

Elon Musk's AI company xAI is hiring engineers to develop interactive AI anime companions for its Grok platform, offering salaries up to $440,000. This move follows the recent launch of AI avatars and raises questions about the direction of AI development.

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