Latest News On AI In Business & Economy | Page 13

Business

Follow updates sorted by the date they surfaced.

04 Nov 2025

Amazon vs. Perplexity: The Battle Over AI Shopping Agents Heats Up

Amazon has sent a cease-and-desist letter to Perplexity demanding it stop its Comet AI browser from making purchases on Amazon's platform, sparking a heated debate about the future of AI-powered shopping and agent identification requirements.

29 Sources

Michael Burry Bets $1 Billion Against AI Bubble as Market Faces Reality Check

The investor famous for predicting the 2008 housing crash has placed massive bets against AI giants Nvidia and Palantir, warning of an AI bubble similar to the dot-com crash. His positions have sparked heated responses from tech CEOs and renewed scrutiny over AI valuations.

8 Sources

CleanSpark Pivots to AI Infrastructure with $1.15B Fundraise and Texas Data Center Expansion

Bitcoin mining giant CleanSpark announces a massive $1.15 billion convertible note offering to fund expansion into AI data centers, acquiring 271 acres in Texas and partnering with tech companies to diversify beyond cryptocurrency mining.

3 Sources

Anthropic Projects $70 Billion Revenue by 2028 as B2B Strategy Drives Explosive Growth

AI startup Anthropic expects to reach $70 billion in revenue by 2028, driven by aggressive B2B expansion and API sales that could surpass OpenAI's in 2025. The company's Claude Code product is approaching $1 billion in annualized revenue.

3 Sources

Real Brokerage Launches HeyLeo, AI-Powered Voice-Interactive Home Search Platform

Real Brokerage unveiled HeyLeo, an AI-powered voice-interactive home search concierge that allows buyers to find properties using natural conversation instead of traditional filters, marking the company's first entry into the home search market.

2 Sources

Nvidia and Deutsche Telekom Launch €1 Billion AI Factory in Munich to Boost European AI Sovereignty

Nvidia and Deutsche Telekom announce a €1 billion partnership to build Europe's first Industrial AI Cloud in Munich, featuring 10,000 Blackwell GPUs and targeting AI sovereignty for German companies. The facility aims to boost Germany's AI computing power by 50% and will begin operations in early 2026.

5 Sources

Snowflake Launches Intelligence Platform to Transform Enterprise AI Beyond Traditional RAG Systems

Snowflake unveils Snowflake Intelligence, an enterprise AI agent platform that moves beyond traditional retrieval-augmented generation to enable complex analytical queries across thousands of documents simultaneously, addressing the data silos that have limited enterprise AI adoption.

5 Sources

Instacart Launches AI Solutions Suite for Grocers, Debuts Cart Assistant with Sprouts and Kroger

Instacart unveils comprehensive AI tools for grocery retailers, featuring personalized shopping assistants and inventory management capabilities. Sprouts Farmers Market and Kroger lead the rollout of the new Cart Assistant technology.

3 Sources

Bugcrowd Acquires AI Security Startup Mayhem to Merge Human Hackers with Machine Intelligence

Crowdsourced cybersecurity platform Bugcrowd has acquired AI-powered offensive security company Mayhem Security to create an adaptive security platform that combines human hacker expertise with autonomous AI testing capabilities for faster, more comprehensive vulnerability detection.

2 Sources

Celonis Unveils Process Intelligence Graph to Transform Enterprise AI Operations

At Celosphere 25, Celonis introduced its Process Intelligence Graph as a digital twin solution to address enterprise AI's low success rate, with only 11% of companies seeing measurable AI benefits. The platform combines object-centric process mining with AI agents to unlock operational context.

9 Sources

Dia AI Browser Integrates Arc's Best Features Following $610M Atlassian Acquisition

The Browser Company is bringing Arc's most popular features to its new AI browser Dia after Arc's discontinuation, combining proven interface elements with AI-native capabilities for enhanced browsing experience.

2 Sources

South Korea Announces Massive AI Investment Push with $7 Billion Budget Increase

South Korean President Lee Jae Myung unveiled a historic $7 billion AI spending plan, tripling current investment to position the country among the world's top three AI powers alongside the US and China. The ambitious budget includes infrastructure development, talent cultivation, and a major Nvidia GPU deal.

5 Sources

China Bans Foreign AI Chips from State-Funded Data Centers, Offers Power Subsidies for Domestic Alternatives

China has issued sweeping restrictions on foreign AI chips in government-funded data centers while simultaneously offering substantial power subsidies to incentivize the use of domestic semiconductors. The move represents a significant escalation in the country's push for technological independence from U.S. chip manufacturers.

19 Sources

Nvidia Surges Past $5 Trillion Market Cap as CEO Huang Reveals $500 Billion Order Backlog

Nvidia's market capitalization has crossed the historic $5 trillion milestone, driven by massive AI chip demand and CEO Jensen Huang's announcement of $500 billion in secured orders through 2026. The surge reflects growing enterprise and government investments in AI infrastructure worldwide.

5 Sources

03 Nov 2025

Palantir's AI-Driven Growth Faces Market Skepticism Despite Record Earnings

Palantir reported record quarterly revenue and raised forecasts, citing 'otherworldly' AI-driven growth, but shares declined amid broader concerns about AI market valuations and sustainability.

8 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