Homechevron_rightArchiveschevron_rightBusiness and Economy

Archives

Explore Stories by Date

29 Oct 2025

Supermicro Creates Federal Subsidiary to Expand AI Infrastructure for U.S. Government Agencies

Super Micro Computer establishes a new federal subsidiary to provide domestically manufactured AI servers and data center solutions to U.S. government agencies, responding to growing federal demand for AI infrastructure.

2 Sources

Bitcoin Miner TeraWulf Raises $575 Million to Pivot Into AI Data Centers Amid Mining Challenges

TeraWulf announces plans to raise $575 million through convertible notes and debt to fund AI data center expansion in Texas, partnering with Google-backed Fluidstack as Bitcoin mining becomes less profitable.

2 Sources

Cameo Sues OpenAI Over Sora 2's 'Cameo' Feature in Trademark Infringement Battle

Celebrity video messaging app Cameo has filed a trademark infringement lawsuit against OpenAI, claiming the AI company's new 'Cameo' feature in Sora 2 creates consumer confusion and threatens their business model. The legal battle highlights growing tensions between traditional platforms and AI-generated content services.

7 Sources

Grammarly Rebrands as Superhuman, Launches AI-Powered Productivity Suite

Writing assistant company Grammarly has rebranded itself as Superhuman, expanding beyond grammar checking to become a comprehensive AI productivity platform. The rebrand includes the launch of Superhuman Go, an AI assistant that works across multiple applications to help users manage tasks and workflows.

19 Sources

Amazon Launches Project Rainier: Massive AI Infrastructure to Power Anthropic's Claude Model

Amazon has officially launched Project Rainier, a massive AI compute cluster incorporating nearly half-a-million Trainium2 chips across multiple U.S. data centers. Anthropic will scale to use over 1 million chips by year-end to power its Claude AI model.

2 Sources

Trump Administration Maintains Strict Blackwell GPU Export Ban to China Despite Trade Truce

President Trump and Treasury Secretary Bessent affirm that Nvidia's most advanced Blackwell AI chips will remain restricted to the US, with China potentially gaining access only when the technology becomes outdated in future generations.

32 Sources

AWS Commits $5 Billion Investment to Build AI Data Centers in South Korea by 2031

Amazon Web Services announces a major $5 billion investment to establish new AI data centers in South Korea by 2031, marking the company's largest commitment to the region and supporting the country's ambition to become a top-three global AI leader.

5 Sources

SK Hynix Records Unprecedented Profits as AI Memory Chip Demand Outstrips Supply Through 2025

South Korean memory chipmaker SK Hynix reports record quarterly profits and sells out entire 2025 production capacity amid surging AI demand. The company's strategic position as Nvidia's key supplier drives exceptional growth in the high-bandwidth memory market.

9 Sources

OpenAI Eyes Potential $1 Trillion IPO Amid Massive Losses and Infrastructure Spending

OpenAI is reportedly preparing for a potential IPO that could value the company at up to $1 trillion by 2026-2027, despite facing quarterly losses of up to $11.5 billion. The company needs massive capital to fund its ambitious AI infrastructure plans requiring trillions in spending.

23 Sources

Nvidia Reaches Historic $5 Trillion Valuation Amid Growing AI Investment Concerns

Nvidia becomes the first company to reach $5 trillion market cap, driven by massive AI chip orders and government contracts, while industry experts debate whether the AI boom represents sustainable growth or a speculative bubble.

46 Sources

Nvidia CEO Dismisses AI Bubble Concerns as Company Projects Half-Trillion Dollar Revenue

Jensen Huang rejects AI bubble warnings while announcing major partnerships and projecting massive revenue from new Blackwell and Rubin chips. The company faces growing competition but maintains market dominance.

2 Sources

Nvidia CEO Jensen Huang Pushes for China Market Access Amid Ongoing Trade Restrictions

Nvidia CEO Jensen Huang advocates for resuming chip sales to China despite ongoing export restrictions, while the company faces a complete market shutdown in the region and seeks to navigate complex US-China trade tensions.

27 Sources

TikTok Unveils AI-Powered Creator Tools and Enhanced Revenue Sharing at US Creator Summit

TikTok announced three major updates at its US Creator Summit, including AI-powered tools Smart Split and AI Outline for content creation, plus improved revenue sharing that allows qualifying creators to earn up to 90% of subscription profits.

4 Sources

Lucid Motors Partners with Nvidia to Develop Consumer-Owned Level 4 Autonomous Vehicles

Lucid Motors announces a major partnership with Nvidia to create one of the world's first privately owned Level 4 autonomous vehicles, targeting launch with their upcoming midsize EV platform in 2026-2027.

4 Sources

Venture Capitalist Vinod Khosla Proposes Government Ownership of Public Companies to Share AI Wealth

Khosla Ventures founder suggests the U.S. government should take 10% stakes in all public corporations to redistribute AI-generated wealth, citing Trump's Intel investment as inspiration. The proposal aims to address potential job displacement and economic disruption from artificial general intelligence.

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