Adobe acquires image and video enhancement tool maker Topaz Labs
Adobe said that it will integrate Topaz Labs’ tools across its apps.
Amazon ups India bet with fresh $13B AI infrastructure investment
Amazon’s latest India investment comes as global tech companies race to expand AI infrastructure in the country.
Cellebrite said it cut off Russia, but Russia used is tools anyway
Security researchers found evidence that Russian authorities hacked the iPhone of a political opponent using a phone-unlocking device made by Cellebrite, even after the company said it would stop selling to Putin’s
Europe is pushing back on Washington’s chip war
As ASML CEO Christophe Fouquet told TechCrunch in May, what China can currently buy are older-generation deep ultraviolet tools — gear first shipped about a decade ago — the same machines the MATCH Act would now put
Former Infosys chief has a new startup that wants to challenge the IT services world
Backed by Mayfield and Aramco Ventures, Vishal Sikka’s new venture brings together veterans from SAP, Infosys, and VianAI.
Elon suffers another day short of trillionaire status
Right now he’s merely a several-hundred-billionaire, according to Bloomberg’s Billionaires Index.
Cerebras stock plunges after earnings as CEO says margin outlook was misunderstood
In its first earnings report since going public, the AI chipmaker forecast a narrower gross margin in its core business, scaring investors.
AI was supposed to kill engineering jobs, but new data suggests they’re the most resilient
While AI dominates the layoff narrative, engineers are actually making up a larger share of new hires, according to SignalFire data.
AI researchers continue to leave Google for its rivals
Top AI researchers Jonas Adler and Alexander Pritzel are leaving Google for Anthropic, following departures from top scientists Noam Shazeer and John Jumper.
The memory chip crunch is paying off for this U.S. company
Revenue quadrupled to $41.45 billion compared with the same period a year ago. The company’s profit, meanwhile, rose from $1.88 billion to an incredible $28.2 billion year-over-year.