Maria Deutscher
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Adobe makes Photoshop, Acrobat and Adobe Express accessible in ChatGPT
Adobe Inc. today made three of its most popular applications available in ChatGPT at no charge. Two of the programs, Photoshop and Adobe Express, focus on graphic design tasks. Embedding them in ChatGPT, which has more than 800 million weekly users, could give Adobe a valuable distribution boost amid competition from rivals such as newly ...
Amazon to invest $35B in India by 2030 with focus on AI, logistics
Amazon.com Inc. today announced plans to invest $35 billion in India through the end of the decade. Executives detailed the initiative at the sixth edition of a business event the company holds annually in New Delhi. According to Amazon, the investment will support “all its businesses.” That suggests some of the funds could go toward ...
Multimodal AI provider fal nabs $140M amid rapid growth
Artificial intelligence startup fal today announced that it has raised $140 million through its third funding round of the year. Sequoia led the Series D investment. It was joined by the venture capital arms of Nvidia Corp., Salesforce Inc. and Shopify Inc. along with more than a half dozen others. Following its previous funding round ...
Identity management startup Saviynt closes $700M investment
Saviynt Inc., a startup that helps enterprises regulate how users and applications access their internal systems, has closed a $700 million funding round. The company disclosed in its announcement of the Series B deal today that KKR was the lead investor. Sixth Street Growth, TenEleven and returning backer Carrick Capital Partners chipped in as well. ...
Anthropic launches broad AI collaboration with Accenture
Anthropic PBC today announced that Accenture plc will broadly adopt its Claude series of large language models. The collaboration expands upon an existing partnership between the companies. Last May, Anthropic teamed up with Accenture to help companies deploy artificial intelligence software. That initiative placed particular emphasis on organizations in highly regulated industries. The new collaboration ...
Google previews upcoming Android XR smart glasses equipped with Gemini
Google LLC has shared new details about its plan to launch smart glasses powered by the Android XR operating system. The search giant first announced the initiative at its Google I/O developer event in May. At the time, the Alphabet Inc. unit disclosed that it will bring its smart glasses to market in partnership with ...
Jeff Bezos backs $475M seed round for chip startup Unconventional AI
Unconventional AI Inc., a chip startup led by former Intel Corp. executive Naveen Rao, launched today with a massive $475 million in seed funding. Lightspeed and Andreessen Horowitz led the investment. They were joined by more than a half-dozen other backers including Jeff Bezos and Rao, who contributed $10 million. The deal valued Unconventional AI ...
Paramount makes $108B hostile takeover offer for Warner Bros Discovery
Paramount Skydance Corp. today made a bid to acquire Warner Bros Discovery Inc. for $108.4 billion. Acquisition offers are usually sent to a company’s board of directors for approval. Paramount’s bid, in contrast, is structured as a tender offer. That means the company hopes to bypass the board and buy shares directly from Warner Bros ...
SpaceX reportedly seeking $800B valuation ahead of 2026 IPO
SpaceX Corp. is reportedly gearing up for a bumper secondary sale that could be one of its last before going public. The Wall Street Journal reported today that the offering is set to value the aerospace company at $800 billion. If the deal materializes, SpaceX Corp. would surpass OpenAI Group PBC as the world’s most ...
Meta acquires Sam Altman-backed AI wearable startup Limitless
Meta Platforms Inc. today announced that it has acquired Limitless Inc., a startup with an artificial intelligence wearable for recording conversations. The terms of the deal were not disclosed. Limitless has raised $33 million in funding from First Round Capital, Andreessen Horowitz, NEA and OpenAI Group PBC Chief Executive Officer Sam Altman. Meta competes with ...