Homechevron_rightArchiveschevron_rightBusiness and Economy

Archives

Explore Stories by Date

08 Aug 2025

Ontario Takes Aim at HR Ghosting: New Law to Reshape Hiring Practices

Ontario, Canada, is set to implement a groundbreaking law in 2026 that will require companies to respond to job applicants within 45 days of an interview, effectively banning 'HR ghosting' and addressing concerns about 'ghost jobs' and AI use in hiring.

3 Sources

Coral Protocol Outperforms Microsoft-Backed Rival by 34% on GAIA AI Benchmark

Coral Protocol's multi-agent AI system achieves a significant performance lead over Microsoft-backed Magnetic-UI on the GAIA Benchmark, challenging the trend of scaling through larger AI models.

2 Sources

Amazon Web Services Inks $1 Billion Deal with US Government for Cloud Services

Amazon Web Services (AWS) has agreed to provide up to $1 billion in discounts to US federal agencies for cloud adoption, modernization, and training through 2028, as part of the government's OneGov purchasing strategy.

8 Sources

Better Home & Finance Reports 38% Revenue Growth in Q2, Targets AI-Driven Profitability

Better Home & Finance, a digital mortgage platform, reports strong Q2 2025 results with 38% revenue growth year-over-year, despite missing analyst expectations. The company aims for adjusted EBITDA breakeven by Q3 2026, driven by AI platform expansion.

2 Sources

Datadog Reports Strong Q2 Results Driven by AI Adoption, But Faces Potential Headwinds

Datadog's Q2 2025 results show significant growth, particularly in AI-related services, but analysts warn of potential challenges from key customer OpenAI.

5 Sources

Nebius Group's Q2 Earnings Spark AI Infrastructure Stock Surge

Nebius Group, an AI infrastructure company, reports stellar Q2 earnings with 600% revenue growth, leading to a 21% stock price increase and raised revenue forecasts for 2025.

6 Sources

Elon Musk Announces Plans to Integrate Ads in Grok AI Responses on X Platform

Elon Musk reveals X's strategy to monetize Grok AI by introducing ads in its responses, aiming to boost revenue and offset GPU costs. The move raises questions about AI response accuracy and advertiser interest.

7 Sources

Chai Discovery Secures $70M for AI-Driven Molecular Discovery in Drug Development

Chai Discovery, an AI-driven biotech startup, has raised $70 million in Series A funding to advance its AI platform for molecular discovery in drug development. The company's latest model, Chai-2, shows promising results in antibody design.

2 Sources

MKS Instruments Reports Strong Q2 2025 Results, Driven by AI and Semiconductor Demand

MKS Instruments, a provider of technology solutions for semiconductor and industrial manufacturing, announced impressive Q2 2025 results with revenue jumping 9.7% year-over-year. The company's growth was primarily driven by increased demand in AI and semiconductor sectors.

2 Sources

07 Aug 2025

Trump's Flip-Flop on Intel CEO Lip-Bu Tan: From Resignation Demand to Praise

President Trump's dramatic shift in stance towards Intel CEO Lip-Bu Tan, initially demanding his resignation over alleged China ties, then praising him after a meeting, highlighting the complex interplay between politics and the tech industry.

19 Sources

Foreign Investors Pour Billions into Asian Stocks, Driven by AI and Growth Prospects

Foreign investors have shown significant interest in Asian stocks, particularly in Taiwan and South Korea, driven by AI-related investments and growth optimism. This trend comes as trade concerns ease and countries secure better arrangements with the US.

2 Sources

Apple's AI Ambitions Falter as Top Talent Exodus Continues

Apple faces a significant setback in its AI development efforts as senior researchers and engineers leave the company, raising concerns about its ability to compete in the rapidly evolving AI landscape.

3 Sources

India's Data Breach Costs Soar to Record High Amid AI Security Concerns: IBM Report

IBM's latest report reveals India's average data breach cost has risen to Rs 22 crore, the highest globally. The study highlights the growing cybersecurity challenges and the urgent need for AI governance in organizations.

2 Sources

The Browser Company Launches $20 Monthly Subscription for AI-Powered Dia Browser

The Browser Company introduces a $20/month Pro subscription for its AI-integrated Dia browser, offering unlimited access to AI features while implementing usage limits for free users.

6 Sources

MakeMyTrip Launches Myra: A Multilingual AI Travel Assistant Revolutionizing Trip Planning

MakeMyTrip introduces Myra, an advanced AI-powered Trip Planning Assistant that supports multiple Indian languages, making travel booking more accessible and conversational for users across India.

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