Homechevron_rightArchiveschevron_rightBusiness and Economy

Archives

Explore Stories by Date

22 Aug 2025

US Government Considers Equity Stakes in Chip Companies, Sparking Industry Debate

The Trump administration's proposal to take equity in chip companies receiving CHIPS Act funding has sparked discussions and potential changes in the semiconductor industry, with varying implications for different companies.

2 Sources

Swedish Industry Giants Unite to Launch Sferical AI, Boosting National AI Infrastructure

Major Swedish companies, including AstraZeneca, Ericsson, Saab, and SEB, join forces with Wallenberg Investments to create Sferical AI, a new venture aimed at developing advanced AI infrastructure to enhance Sweden's industrial competitiveness.

2 Sources

South Korea Prioritizes AI Investment to Boost Economic Growth Amid Challenges

South Korea announces a major policy shift, making AI investment a top priority to combat economic slowdown and demographic challenges. The government plans to introduce policy packages for 30 major AI projects and create a substantial fund for strategic investments.

2 Sources

Cambricon's Record Profits Highlight China's AI Chip Ambitions Amid US Restrictions

Chinese AI chipmaker Cambricon Technologies Corp. reports record profits and a surge in stock value, reflecting China's push for semiconductor self-sufficiency and the growing demand for domestic AI chips.

10 Sources

Baidu's Chip Design Unit Kunlunxin Secures $139 Million in Orders from China Mobile Suppliers

Kunlunxin, Baidu's semiconductor design firm, has won significant orders for AI chips compatible with Nvidia's CUDA platform, highlighting China's push for domestic alternatives in the AI chip market.

2 Sources

Japan's FugakuNEXT: A Leap Towards Zetta-Scale AI-HPC Supercomputing

Japan announces FugakuNEXT, a groundbreaking AI-HPC hybrid supercomputer, combining Fujitsu's ARM CPUs and Nvidia's GPUs. Set to launch around 2030, it aims to revolutionize scientific research and establish Japan as a leader in zetta-scale computing.

3 Sources

AI as Job Shifter: ManpowerGroup's Perspective on the Future of Work

ManpowerGroup's CEO discusses how AI is transforming jobs rather than eliminating them, emphasizing the importance of human skills and early-career talent in the AI-driven future.

2 Sources

The Silent Crisis: GenAI Complacency and Cybersecurity Risks in the Workplace

As generative AI tools become increasingly prevalent in workplaces, a dangerous sense of complacency is emerging, leading to significant cybersecurity risks. This story explores the rapid adoption of GenAI, its associated security challenges, and the urgent need for organizations to address these issues.

2 Sources

NVIDIA's Networking Innovations Pave the Way for Giga-Scale AI Super-Factories

NVIDIA introduces new networking technologies, including Spectrum-XGS Ethernet and NVLink, to connect distributed data centers into unified AI super-factories, addressing the growing demands of large-scale AI computation.

5 Sources

Tesla Integrates Chinese AI Models in Vehicles for China Market

Tesla partners with DeepSeek and ByteDance's Doubao to integrate AI models in its vehicles for the Chinese market, moving away from Elon Musk's Grok AI in this region.

5 Sources

OpenAI Expands to India: New Delhi Office, ChatGPT Go, and Strategic Hires

OpenAI announces plans to open its first office in New Delhi, India, launches ChatGPT Go for the Indian market, and makes key hires as it expands its presence in the world's second-largest internet market.

21 Sources

Nvidia Navigates US-China Tensions with Potential New AI Chip for Chinese Market

Nvidia is in talks with the US government to develop a new AI chip for China, balancing geopolitical pressures and market demands in the ongoing tech trade war.

37 Sources

Elon Musk's $97B OpenAI Takeover Bid: Meta's Potential Involvement and Legal Implications

Elon Musk's attempt to acquire OpenAI for $97 billion has taken a new turn, with revelations of potential discussions with Meta's Mark Zuckerberg. This development has sparked legal inquiries and raised questions about the dynamics between major players in the AI industry.

24 Sources

Meta Inks $10 Billion Cloud Deal with Google to Boost AI Capabilities

Meta Platforms has signed a six-year, $10 billion deal with Google Cloud to expand its AI infrastructure, marking a significant move in the ongoing AI race among tech giants.

17 Sources

Meta Poaches Sixth AI Researcher from Apple, Intensifying AI Talent War

Meta continues its aggressive hiring spree, recruiting Frank Chu, a key AI leader from Apple, despite a company-wide hiring freeze. This move marks the sixth AI researcher poached from Apple in seven weeks, highlighting the intensifying competition for AI talent in Silicon Valley.

6 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