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OpenAI announced it has acquired a tiny startup called Torch for an undisclosed sum. An unnamed sourced told The Information that OpenAI paid $100 million worth of equity for the startup. Torch’s four-person team is joining OpenAI, both companies said. Torch was working on an app that combined all of a person’s medical information for…
For years now, to enjoy their photos or videos on the big screen, Google Photos users had to either cast their photos to their Android TVs, or sideload the app to use it. The app is now finally getting a version for Samsung TVs: The Korean tech giant on Monday said it plans to bring…
Nvidia has struck a non-exclusive licensing agreement with AI chip competitor Groq. As part of the deal, Nvidia will hire Groq founder Jonathan Ross, president Sunny Madra, and other employees. CNBC reported that Nvidia is acquiring assets from Groq for $20 billion; Nvidia told TechCrunch that this is not an acquisition of the company and…
Enterprise software company ServiceNow agreed to acquire nine-year-old cybersecurity startup Armis for $7.75 billion in cash. The deal is a massive valuation jump for the company. Just last month, Armis raised a $435 million pre-IPO funding round, which valued the company at $6.1 billion. Armis co-founder and CEO Yevgeny Dibrov had told TechCrunch last month…
Google parent Alphabet has agreed to buy Intersect Power, a data center and clean energy developer, for $4.75 billion in cash, plus the assumption of the company’s debt. The acquisition, which was announced Monday, will help Alphabet expand its power-generation capacity alongside new data centers without having to rely on local utilities that are struggling…
App developers looking to launch their programs in ChatGPT can now submit them for review and potential publication, OpenAI said Wednesday. The company also introduced a new app directory within Chat’s tools menu that has swiftly been dubbed an “app store.” In October, the company announced the arrival of apps in its chatbot, explaining that the…
Disney’s three-year licensing partnership with OpenAI includes just one of exclusivity, Disney CEO Bob Iger told CNBC. The company signed the partnership with OpenAI last week that will bring its iconic characters to the AI firm’s Sora video generator. Once that exclusive year is up, Disney is free to sign similar deals with other AI…
Microsoft announced Thursday it would buy 3.6 million carbon removal credits from a biofuels plant in Louisiana owned by C2X. The plant, which is slated to begin operating in 2029, will process forestry waste into methanol, which can be used to power ships and planes and as a raw material for chemical manufacturing. Altogether, the…
Disney sent a cease-and-desist letter to Google on Wednesday, alleging that the tech giant has infringed on its copyrights, Variety reports. Disney is accusing the tech giant of copyright infringement on a “massive scale,” claiming it has used AI models and services to commercially distribute unauthorized images and videos, according to the letter seen by…
Nvidia is allegedly testing software that can track the location of its AI chips as reports of its chips being smuggled into China are on the rise. Nvidia has built location verification technology that would allow it to track which country a chip is located in, Reuters originally reported, citing anonymous sources. This software tracks…