Homechevron_rightArchiveschevron_rightBusiness and Economy

Archives

Explore Stories by Date

07 Jul 2025

Huawei Denies Accusations of Copying Alibaba's AI Model, Sparking Debate in China's Tech Sector

Huawei's AI research division, Noah Ark Lab, strongly refutes claims that its Pangu Pro model copied elements from Alibaba's Qwen model, asserting independent development and adherence to open-source practices.

6 Sources

Capgemini Acquires WNS for $3.3 Billion to Boost AI-Powered Intelligent Operations

French tech giant Capgemini agrees to buy WNS Holdings for $3.3 billion, aiming to enhance its AI capabilities and expand its presence in the US market. The deal focuses on leveraging agentic AI for business process transformation.

12 Sources

Samsung's Q2 Profit Plummets Amid AI Chip Challenges and US Trade Restrictions

Samsung Electronics forecasts a 56% drop in Q2 operating profit, facing challenges in AI chip production and US trade restrictions, while competitors benefit from the AI boom.

21 Sources

Google DeepMind's Isomorphic Labs Nears Human Trials for AI-Designed Drugs

Isomorphic Labs, a subsidiary of Alphabet's Google DeepMind, is preparing to begin human clinical trials for drugs designed using artificial intelligence, marking a significant milestone in AI-powered drug discovery.

4 Sources

Dubai Gears Up for Autonomous Vehicle Revolution: Trials Set for 2025, Full Rollout by 2026

Dubai's Roads and Transport Authority partners with Pony.ai to launch autonomous vehicle trials, aiming for a commercial rollout of fully driverless services by 2026. This initiative aligns with Dubai's Smart Self-Driving Transport Strategy, targeting 25% autonomous trips by 2030.

2 Sources

06 Jul 2025

AI-Powered Solar Robots Revolutionize Farming: Aigen's Element Tackles Labor Shortages and Herbicide Resistance

Aigen, a startup, introduces Element, an AI-powered solar robot designed to weed crops efficiently. This innovation addresses labor shortages and herbicide resistance in U.S. farms while promoting environmentally friendly farming practices.

4 Sources

Hangzhou's AI Boom: The Rise of China's Silicon Valley

Hangzhou, particularly its Liangzhu suburb, has become the epicenter of China's AI revolution, attracting tech talent and entrepreneurs with its vibrant startup ecosystem, government support, and proximity to tech giants.

3 Sources

NVIDIA Enters Desktop AI Market with GB10 Grace Blackwell Chip, ASUS Leads Launch

NVIDIA's first desktop PC chip, the GB10 Grace Blackwell, is set to debut this month. ASUS leads the launch with its Ascend GX10 mini-PC, marking NVIDIA's entry into the desktop AI market.

3 Sources

05 Jul 2025

Model Context Protocol (MCP): Revolutionizing AI Integration and Tool Interaction

The Model Context Protocol (MCP) is emerging as a game-changing framework for AI integration, offering a standardized approach to connect AI agents with external tools and services. This innovation promises to streamline development processes and enhance AI capabilities across various industries.

2 Sources

Elon Musk's xAI Hires Former Trump Aide Katie Miller Amid Memphis Data Center Controversy

Katie Miller, former Trump administration official, joins Elon Musk's xAI as communications manager. The move coincides with xAI's controversial permit approval for gas turbines at its Memphis data center, sparking environmental concerns.

2 Sources

US Considers AI Chip Export Restrictions to Malaysia and Thailand to Prevent China Access

The US government is planning new export rules to limit the sale of advanced AI GPUs to Malaysia and Thailand, aiming to prevent their re-export to China amid existing bans.

6 Sources

04 Jul 2025

Xbox Executive's AI Advice to Laid-Off Employees Sparks Controversy

An Xbox executive's suggestion to use AI chatbots for emotional support following layoffs backfires, highlighting tensions between AI adoption and job security in the tech industry.

18 Sources

Google Faces EU Antitrust Complaint Over AI Overviews in Search Results

Independent publishers file an antitrust complaint with the European Commission against Google's AI Overviews feature, alleging harm to traffic, readership, and revenue.

16 Sources

Goodman Group Forms $2.7 Billion Consortium for Hong Kong Data Centers, Eyeing AI-Driven Demand

Australia's Goodman Group has established a $2.7 billion investment consortium to develop data centers in Hong Kong, partnering with international investors. The move aims to capitalize on the growing demand for data infrastructure, particularly driven by AI advancements in China.

3 Sources

TCS Launches AI Innovation Centre in Singapore to Boost SMEs and Startups

Tata Consultancy Services (TCS) is opening a state-of-the-art innovation centre in Singapore to drive AI transformation for 60 local SMEs and startups, while also planning to hire 50 local graduates.

2 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