Tech

Amazon AGI Labs chief defends his reverse acquihire

[ad_1] When Amazon hired the founders of AI startup Adept last year, it was one of the first examples of what became known as a reverse acquihire — a deal where a large company hires key startup team members and licenses its technology, rather than acquiring the startup outright. Adept’s …

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TikTok denies India comeback after reports of website going live

[ad_1] TikTok has not been unbanned in India, TechCrunch confirmed Friday, despite brief website access that sparked media reports of a possible comeback after more than five years. A TikTok spokesperson told TechCrunch that the Chinese-owned social media platform’s ban by the Indian government remains in place, and the short-video …

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Meta partners with Midjourney on AI image and video models

[ad_1] Meta is partnering with Midjourney to license the startup’s AI image and video generation technology, Meta Chief AI Officer Alexandr Wang announced Friday in a post on Threads. Wang says Meta’s research teams will collaborate with Midjourney to bring its technology into future AI models and products. “To ensure …

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U.S. government plans to take a 10% stake in Intel

[ad_1] The U.S. government plans to take a 10% stake in Intel, President Donald Trump told reporters Friday. Bloomberg was first to report the news, which pushed the semiconductor chip company’s stock up more than 7%. Trump said Intel has agreed to the proposal. Intel declined to comment. The news …

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