Homechevron_rightArchiveschevron_rightBusiness and Economy

Archives

Explore Stories by Date

03 Oct 2025

US Approves Nvidia's Multibillion-Dollar AI Chip Deal with UAE, Marking New Era in Tech Diplomacy

The US government has granted Nvidia an export license to ship advanced AI GPUs to the UAE, as part of a bilateral agreement. This deal, worth tens of billions of dollars, allows for up to 500,000 Nvidia processors to be exported annually, in exchange for significant UAE investment in the US.

9 Sources

HP Unveils AI-Powered Innovations in Printing and Computing

HP introduces AI enhancements to printers and scanners, alongside a compact AI development device, addressing user pain points and driving AI value in business environments.

2 Sources

Anthropic Appoints Rahul Patil as New CTO, Focusing on AI Infrastructure

Anthropic, a leading AI company, has hired Rahul Patil as its new Chief Technical Officer. This strategic move aims to strengthen the company's AI infrastructure and engineering capabilities in the face of intense competition in the AI industry.

2 Sources

IBM Unveils Granite 4.0: A Breakthrough in Hybrid AI Models for Enterprise Efficiency

IBM launches Granite 4.0, a new family of open-source language models combining Mamba and transformer architectures. These models aim to reduce AI infrastructure costs while maintaining high performance for enterprise applications.

3 Sources

Neo4j Invests $100M in GenAI Expansion, Launches New Products and Startup Program

Neo4j, the graph database provider, announces a $100 million investment to accelerate its role in generative AI and agentic systems. The company introduces new products and a startup program to support AI-native ventures.

2 Sources

European AI Firm Under Investigation for Alleged GPU Misuse and Tax Fraud

Northern Data AG, a European AI cloud company, is under criminal investigation for potentially misusing NVIDIA H100 GPUs for cryptocurrency mining instead of AI computing, while benefiting from significant tax breaks.

3 Sources

Nvidia and Fujitsu Forge Strategic Partnership to Revolutionize AI Infrastructure in Japan

Nvidia and Fujitsu have announced a collaboration to develop advanced AI infrastructure, focusing on smart robots and industry-specific solutions. The partnership aims to establish a robust AI foundation for Japan by 2030, with potential for global expansion.

7 Sources

Hitachi Shares Soar Following Strategic Partnership with OpenAI

Hitachi's stock price surges after announcing a collaboration with OpenAI on energy and AI technologies. The partnership aims to support AI infrastructure development and marks a significant step in the integration of industrial technology with artificial intelligence.

3 Sources

OpenAI's Trillion-Dollar Gamble: Massive Investments in AI Computing Power Raise Bubble Concerns

OpenAI's recent deals with tech giants for AI computing power total nearly $1 trillion, sparking debates about the AI sector's sustainability and potential bubble.

34 Sources

Google Expands Jules AI Coding Agent with Command-Line Interface and API

Google introduces Jules Tools, a command-line interface, and a public API for its AI coding agent Jules, aiming to integrate more seamlessly into developers' workflows and compete in the AI-assisted coding market.

4 Sources

AI Revolutionizes Corporate Communications: Study Reveals Widespread Adoption in Press Releases

A new study published in the journal Patterns reveals that AI is now responsible for generating about 25% of corporate press releases. The research also found significant AI usage in job listings and UN communications, highlighting the growing influence of AI in various sectors.

2 Sources

Walmart Accelerates Automation with Sensor Technology and Drone Delivery

Walmart is implementing advanced sensor technology to track shipments and expanding drone delivery capabilities, signaling a significant shift in retail automation. This move aims to enhance efficiency and maintain Walmart's competitive edge in the grocery market.

2 Sources

AI's Impact on the Job Market: CEOs Predict Boom in Skilled Trades Amid White-Collar Uncertainty

CEOs from major tech companies, including Nvidia and Ford, predict significant changes in the job market due to AI advancements. While white-collar jobs face potential disruption, skilled trades are expected to see increased demand.

4 Sources

OpenAI Seeks Dismissal of Elon Musk's xAI Trade Secret Lawsuit

OpenAI has asked a federal judge to dismiss a lawsuit filed by Elon Musk's xAI, which alleged that OpenAI poached employees to steal trade secrets. The AI company describes the lawsuit as part of Musk's ongoing harassment campaign.

6 Sources

02 Oct 2025

Meta Unveils Business AI: Revolutionizing Customer Service and Ad Personalization

Meta introduces Business AI, an AI-powered assistant for customer service and personalized advertising. The tool aims to streamline online shopping experiences and enhance ad targeting using chat data.

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