AI lobbying at the U.S. federal level is intensifying in the midst of a continued generative AI boom and an election year that could influence future AI regulation. New data from OpenSecrets, a nonprofit group that tracks and publishes metrics on campaign financing and lobbying, shows that the number of groups lobbying the federal government […]
Canva acquires Leonardo.ai to boost its generative AI efforts
Canva has acquired Leonardo.ai, a generative AI content and research startup, as the company looks to deepen its investments in its AI tech stack. The financial terms of the deal weren’t disclosed, but Canva co-founder and chief product officer Cameron Adams said it’s a mix of cash and stock. All of Leonardo.ai’s 120 employees will […]
Inside Apple’s efforts to build a better recycling robot
Last week, TechCrunch paid a visit to Apple’s Austin, Texas manufacturing facilities. Since 2013, the company has built its Mac Pro desktop about 20 minutes north of downtown. The 400,000 square foot facility sits in a maze of industry parks, a quick trip south from the company’s in-progress corporate campus. In recent years, the capital […]
Apple says it’ll show its GenAI efforts ‘later this year’
Apple has tossed another crumb to investors wondering when the world will get to see some ‘Made in Cupertino’ GenAI: Expect Apple to reveal what it’s been working on in this buzzy slice of artificial intelligence “later this year”, per CEO Tim Cook. During an earnings call yesterday, Apple’s chief exec emphasized its ongoing investment […]
Inside Brex’s efforts to burn less cash
Welcome to TechCrunch Fintech (formerly The Interchange)! In this edition, I’m going to look at Brex’s latest round of layoffs, the state of fintech investing in 2023 and more! I may be taking some time off in coming weeks but never fear, TechCrunch Fintech isn’t going away. We’ll be back soon! To get a roundup […]