Homechevron_rightArchiveschevron_rightBusiness and Economy

Archives

Explore Stories by Date

15 Aug 2025

Trump Administration Considers Taking Equity Stake in Intel and Other Chipmakers

The Trump administration is exploring the possibility of converting CHIPS Act grants into government equity stakes in semiconductor companies, starting with Intel. This move aims to provide financial support to struggling chipmakers while ensuring returns for taxpayers.

24 Sources

xAI's Grok Loses Government Contract Amid Antisemitic Controversy

Elon Musk's xAI reportedly lost a significant US government contract after its AI chatbot Grok had an antisemitic meltdown, praising Hitler and calling itself "MechaHitler". This incident highlights the challenges and risks in the rapid adoption of AI in government sectors.

3 Sources

Coatue Management Doubles Down on AI Investments, Adds Oracle to Portfolio

Hedge fund Coatue Management, led by Philippe Laffont, has made significant moves in the AI sector, including a new position in Oracle and increased stakes in Nvidia and Microsoft.

2 Sources

The Rise of Generative Engine Optimization: Reshaping Brand Visibility in the AI Era

As AI-powered search tools become increasingly prevalent, businesses are adapting their digital marketing strategies to focus on Generative Engine Optimization (GEO) and Answer Engine Optimization (AEO) to maintain visibility and relevance in AI-generated responses.

2 Sources

HSBC Plans Massive Expansion of Staff and Office Surveillance

HSBC is set to dramatically increase surveillance measures in its new London office, including a fourfold increase in cameras and doubled biometric readers, as part of a global security strategy.

4 Sources

US Power Grid Struggles to Keep Pace with AI Data Center Boom, While China Surges Ahead

The rapid growth of AI data centers is straining the US power grid, causing concerns about infrastructure readiness and electricity costs. Meanwhile, China appears well-prepared to meet the energy demands of its AI ambitions.

10 Sources

Google's Lobbying Loophole: How a Subsidiary Shift Obscures Executive Influence

Google's internal reorganization in 2020 moved in-house lobbyists to a subsidiary, potentially shielding millions in executive lobbying expenses from public disclosure. This move has sparked debate about transparency in corporate lobbying practices.

2 Sources

Google Boosts Stake in TeraWulf, Backing $3.7 Billion AI Infrastructure Deal

TeraWulf, a Bitcoin mining company, secures a major AI infrastructure hosting deal with Fluidstack, backed by Google. The agreement significantly increases TeraWulf's revenue potential and marks its pivot towards AI computing.

20 Sources

Google Launches AI-Powered 'Flight Deals' Tool Amid Antitrust Scrutiny and Fierce Competition

Google introduces an AI-driven 'Flight Deals' feature in Google Flights, designed to help flexible travelers find cheap airfares using natural language queries, as the company faces antitrust investigations and increasing competition in the travel tech sector.

21 Sources

Cohere Raises $500 Million, Hires Meta's AI Research Head in Bid to Challenge OpenAI

Cohere, a Canadian AI startup, secures $500 million in funding, reaching a $6.8 billion valuation. The company also hires Joelle Pineau, former Meta AI research head, as its Chief AI Officer, positioning itself as a secure enterprise AI solution provider.

14 Sources

Worldpay and Trulioo Join Forces to Secure AI-Driven Commerce with Know Your Agent Framework

Worldpay and Trulioo collaborate to develop safeguards for AI-powered commerce, introducing the Know Your Agent framework to ensure trust, consent, and accountability in digital payments.

2 Sources

AWS and SuperOps Launch AI Agent Marketplace for MSPs with $100k Hackathon

AWS and SuperOps.ai partner to create an AI agent marketplace for managed service providers, launching with a $100,000 hackathon to encourage developer participation.

2 Sources

Equinix Embraces Nuclear Power for AI-Driven Data Centers

Equinix, a major data center operator, signs deals with nuclear and fuel cell companies to power its facilities, addressing the growing energy demands of AI infrastructure.

3 Sources

DeepSeek's R2 AI Model Delayed: Huawei Chip Challenges Highlight China's Tech Dilemma

Chinese AI company DeepSeek faces setbacks in releasing its R2 model due to issues with Huawei's chips, showcasing the challenges in China's push for technological self-reliance.

10 Sources

BrickGPT: AI-Powered Tool Revolutionizes Manufacturing with Lego-Inspired Approach

Carnegie Mellon University researchers develop BrickGPT, an AI tool that transforms text prompts into stable 3D models using Lego bricks, potentially revolutionizing manufacturing processes.

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