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AI

Apple Explores Acquisition of AI Search Startup Perplexity in Bid to Boost In-House AI Capabilities

Apple has reportedly held preliminary internal discussions about potentially acquiring the AI-powered search startup Perplexity, which is currently valued at around $14 billion, according to Bloomberg. While no official offer has been made and Perplexity’s leadership hasn’t been approached yet, key Apple executives—such as M&A chief Adrian Perica, services head Eddy Cue, and senior AI team members—have been part of these conversations. The move reflects Apple’s growing interest in strengthening its AI capabilities, especially in search, as it looks to innovate beyond its current dependence on Google for search functions in Safari and Siri. Such an acquisition would be Apple’s biggest ever, surpassing its $3 billion Beats deal, and could help the company build proprietary AI-driven search features. It also comes amid increasing pressure on Apple’s $20 billion annual search partnership with Google, which is under regulatory scrutiny. This potential move signals Apple’s push to stay competitive in the rapidly advancing generative AI space.

AI
by The Economic Times

IBM said Tuesday that it planned to cut thousands of workers as it shifts its focus to higher-growth businesses in artificial intelligence consulting and software. The company did not specify how many workers would be affected, but said in a statement the layoffs would “impact a low single-digit percentage of our global workforce.” The company had 270,000 employees at the end of last year. The number of workers in the United States is expected to remain flat despite some cuts, a spokesperson added in the statement. A massive supplier of technology to… Source link

AI
by The Economic Times

The number of Indian startups entering famed US accelerator and investor Y Combinator’s startup programme might have dwindled to just one in 2025, down from the high of 2021, when 64 were selected. But not so for Indian investors, who are queuing up to find the next big thing in AI by relying on shortlists made by YC to help them filter their investments. In 2025, Indian investors have invested in close to 10 Y Combinator (YC) AI startups in the US. These include Tesora AI, CodeAnt, Alter AI and Frizzle, all with Indian-origin founders but based in… Source link

by Techcrunch

Lovable, the Stockholm-based AI coding platform, is closing in on 8 million users, CEO Anton Osika told this editor during a sit-down on Monday, a major jump from the 2.3 million active users number the company shared in July. Osika said the company — which was founded almost exactly one year ago — is also seeing “100,000 new products built on Lovable every single day.” Source link