Homechevron_rightArchiveschevron_rightBusiness and Economy

Archives

Explore Stories by Date

02 Dec 2025

Elon Musk Claims AI and Robotics Are Only Solution to America's $38 Trillion Debt Crisis

Tesla CEO Elon Musk argues that widespread deployment of AI and robotics is the only viable solution to America's mounting $38 trillion national debt, predicting these technologies will drive productivity gains and cause significant deflation within three years.

2 Sources

01 Dec 2025

Australia Unveils National AI Plan: Light-Touch Regulation and Data Centre Investment Focus

The Albanese government releases Australia's National AI Plan, prioritizing economic opportunities over strict regulation while committing $30 million to establish an AI Safety Institute. The plan focuses on attracting data centre investment and managing AI's growing energy demands.

6 Sources

Accenture and OpenAI Form Strategic Partnership to Deploy ChatGPT Enterprise Across Global Workforce

Accenture announces major partnership with OpenAI to roll out ChatGPT Enterprise to tens of thousands of employees and launch flagship AI program for enterprise clients. The collaboration aims to accelerate AI adoption across industries including financial services, healthcare, and retail.

7 Sources

OpenAI Takes Strategic Stake in Thrive Holdings in Latest Circular Investment Deal

OpenAI has acquired an ownership stake in Thrive Holdings, a private equity firm owned by one of its major investors, Thrive Capital. The deal involves embedding OpenAI teams within Thrive's portfolio companies to accelerate AI adoption in accounting and IT services sectors.

12 Sources

SoftBank's Son says he 'was crying' over $5.8B Nvidia stake sale to fund AI investments

SoftBank CEO Masayoshi Son revealed he was emotional about selling the company's entire Nvidia stake for $5.83 billion. The Japanese tech giant needed capital to bankroll major AI investments including OpenAI, data center construction, and chip design projects. Son dismissed concerns about an AI investment bubble, predicting super artificial intelligence will generate at least 10% of global GDP.

8 Sources

HSBC Partners with Mistral AI in Multi-Year Deal to Scale Generative AI Across Global Banking Operations

Global banking giant HSBC has signed a strategic multi-year partnership with French AI startup Mistral AI to deploy generative AI tools across its operations. The collaboration aims to automate workflows, enhance productivity, and improve client services through self-hosted AI models.

3 Sources

LTTS Partners with NVIDIA to Develop AI-Powered Digital Twin Platform for Respiratory Diagnostics

L&T Technology Services collaborates with NVIDIA to create an advanced AI-powered digital twin platform for respiratory diagnostics and lung navigation, utilizing deep learning models to generate 3D representations of lung anatomy for improved clinical precision.

2 Sources

Skyflow Launches DPDP Data Privacy Vault to Help Indian Enterprises Navigate New Data Protection Rules

Skyflow introduces a specialized data privacy vault platform designed to help Indian enterprises comply with the Digital Personal Data Protection Act, addressing the challenge of personal data sprawl across AI workflows and digital systems.

2 Sources

Databricks Seeks $5 Billion Funding Round at $134 Billion Valuation Amid AI Boom

Data analytics giant Databricks is reportedly in talks to raise $5 billion at a $134 billion valuation, marking a 34% increase from its August funding round. The company's explosive growth is driven by enterprise AI adoption.

3 Sources

David Sacks Faces Mounting Scrutiny Over Potential Conflicts of Interest in AI and Crypto Role

Trump's AI and crypto czar David Sacks defends against New York Times report alleging conflicts between his government role and extensive tech investments. Silicon Valley leaders rally to his support amid growing political scrutiny.

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