Technology

As cloud architecture continues to more ubiquitous among organizations, increasingly what is more apparent is that many organizations are taking a hybrid approach, blending SaaS in private and public clouds with some products that remain on premises. Today, IBM made a big acquisition doubling down on the hybrid concept: it will pay $4.6 billion in […]

IBM acquires Apptio from Vista for $4.6B in cash to double down on hybrid cloud services by Ingrid Lunden originally published on TechCrunch

When it comes to artworks created by generative AI, enterprise users have specific legal concerns around permissions – and Adobe has recognized those worries. That’s why the company has written an indemnity clause that states that Adobe will pay any copyright claims related to works generated in Adobe Firefly, the company’s generative AI art creation […]

Adobe indemnity clause designed to ease enterprise fears about AI-generated art by Ron Miller originally published on TechCrunch

Lucid Group, the U.S. automaker that produces the luxury all-electric Air sedan, will supply Aston Martin with powertrain components for future electric vehicle models, the companies said Monday. The iconic British luxury automaker aims to launch an EV in 2025. The agreement marks a first for Lucid — a chance to act as supplier and […]

Aston Martin taps Lucid to help develop electric vehicles by Rebecca Bellan originally published on TechCrunch

People are using AI chatbots to fill junk websites with AI-generated text that attracts paying advertisers, according to a new report from the media research organization NewsGuard that was shared exclusively with MIT Technology Review.  Over 140 major brands are paying for ads that end up on unreliable AI-written sites, likely without their knowledge. Ninety…

Utu, a travel tech company that helps flyers get more out of their tax-free shopping, announced today it has raised a $35 million Series B led by SC Ventures. Part of the funding was used to acquire CardsPal, a Singapore-based fintech that offers deals and promotions nearby to users. During the pandemic-induced travel hiatus, utu […]

UTU raises $35M to help travelers get more from tax-free shopping by Catherine Shu originally published on TechCrunch

Back in 2012 when Dylan Field was a student at Brown University, he came up with the idea of building a browser-based design tool. At the time, design tools were all on the desktop, which meant that designers worked alone, sending files for review to the various stakeholders involved, then making changes based on feedback […]

Designers hated Figma’s collaborative design tool at first, but grew to love it by Ron Miller originally published on TechCrunch

Welcome back to The Interchange! If you want this in your inbox, sign up here. We’re back after a brief hiatus, with lots of fintech news, including Robinhood’s latest acquisition, Plaid’s newest product and a ChatGPT-powered AI tool that aims to help you save money on bills. Robinhood’s motives When Robinhood announced on June 22 that it was […]

Did this one feature entice Robinhood to acquire X1? by Christine Hall originally published on TechCrunch

With all this possibility, can such an amazing technology also be bad? Some of the concerns around AI platforms are legitimate.

Why smart AI regulation is vital for innovation and U.S. leadership by Walter Thompson originally published on TechCrunch