Homechevron_rightArchiveschevron_rightBusiness and Economy

Archives

Explore Stories by Date

02 Jul 2025

Jabil Inc. to Invest $500 Million in North Carolina, Creating 1,200 Jobs for AI and Cloud Computing Support

Electronics maker Jabil Inc. plans to establish a $500 million manufacturing facility in North Carolina, creating nearly 1,200 jobs to support AI and cloud computing data centers.

2 Sources

Remark Secures $16M to Revolutionize E-commerce with AI-Powered Human Expert Models

Remark, an AI-powered e-commerce startup, raises $16 million in Series A funding to enhance online shopping experiences through AI personas trained by human experts, aiming to bridge the gap between in-store and online conversion rates.

3 Sources

Google's AI Mode: Revolutionizing Search with Advanced AI Integration

Google introduces AI Mode, a new search feature powered by Gemini 2.5, offering conversational responses and multimodal input capabilities, transforming how users interact with search engines.

8 Sources

Google Cloud and Somnia Forge Partnership to Revolutionize AI-Driven Gaming and Blockchain Development

Google Cloud and Somnia announce a collaboration to integrate AI and blockchain technology into gaming, promising enhanced security, intelligent NPCs, and advanced tools for developers.

2 Sources

Surge AI Seeks $1 Billion in First Capital Raise, Challenging Scale AI's Dominance

Surge AI, a data-labeling startup, is seeking up to $1 billion in its first-ever capital raise, aiming for a $15 billion valuation. The company has surpassed its rival Scale AI in revenue and is capitalizing on customer shifts in the AI industry.

6 Sources

Sony and AMD's Project Amethyst: Shaping the Future of PlayStation with AI

Sony and AMD collaborate on Project Amethyst, an AI-driven initiative aimed at enhancing game performance and visuals for future PlayStation consoles, potentially including the PS6.

6 Sources

Microsoft and Premier League Forge Five-Year AI Partnership to Revolutionize Fan Experience

Microsoft signs a strategic deal with the Premier League to integrate AI tools and cloud services, aiming to enhance fan engagement and digital infrastructure.

7 Sources

Genesis AI Launches with $105M Seed Funding to Develop Universal Robot Foundation Model

Genesis AI, a startup aiming to build a general-purpose AI model for robots, has emerged from stealth with a $105 million seed round. The company plans to use synthetic data and a proprietary physics engine to train AI models for robotics, potentially revolutionizing automation across various industries.

4 Sources

LTIMindtree Launches AI-Powered GCC-as-a-Service to Revolutionize Global Capability Centers

LTIMindtree introduces an AI-driven Global Capability Center-as-a-Service (GCCaaS) offering, designed to help enterprises establish, expand, and optimize their GCCs with increased efficiency and business value.

2 Sources

U.S. Cracks Down on North Korean IT Worker Scheme, Seizing $5 Million in Illicit Funds

The U.S. Department of Justice has taken significant action against a North Korean scheme involving remote IT workers infiltrating American companies, resulting in arrests, indictments, and the seizure of millions in illicit funds.

5 Sources

Google Promotes 'AI Mode' with Interactive Doodle, Signaling Major Push in AI Search

Google uses its homepage Doodle to promote 'AI Mode', its latest AI-powered search product, marking a significant step in the company's AI strategy and competition with AI startups.

2 Sources

Cathie Wood's Ark Invest Bets Big on AMD Amid AI Chip Race

Cathie Wood's Ark Invest makes significant moves, purchasing large amounts of AMD stock while reducing Coinbase holdings, signaling confidence in AMD's position in the AI chip market.

2 Sources

AI Drives Stock Market to Record Highs in First Half of 2025

The U.S. stock market reached new records in the first half of 2025, with AI-related companies leading the surge. Despite initial trade tensions and economic uncertainty, the market rebounded strongly, driven by continued corporate investment in AI technology and infrastructure.

2 Sources

01 Jul 2025

Grammarly Acquires Superhuman: A Strategic Move Towards AI-Powered Productivity

Grammarly, the popular writing assistant, has acquired email efficiency tool Superhuman in a bid to expand its AI-powered productivity suite and diversify its business offerings.

15 Sources

LevelBlue Acquires Trustwave to Become Leading Independent MSSP with Enhanced AI and Cybersecurity Capabilities

LevelBlue, formerly AT&T Cybersecurity, has acquired Trustwave to expand its managed cybersecurity services, leveraging AI and cloud technologies to strengthen its position in the MSSP market and government sector.

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