Tech

Amazon AGI Labs chief defends his reverse acquihire

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 co-founder …

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TikTok denies India comeback after reports of website going live

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 platform …

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Meta partners with Midjourney on AI image and video models

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 Meta …

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

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 comes …

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