10th Indian Delegation to Dubai, Gitex & Expand North Star – World’s Largest Startup Investor Connect
AI

Apple acquires AI startup specializing in overlooking manufacturing components


Apple has added another AI startup to its acquisition list with Canada-based DarwinAI, which specializes in vision-based tech to observe components during manufacturing to improve efficiency, Bloomberg reported.

While Apple or DarwinAI haven’t announced this deal, several members of the startup’s team joined Apple’s machine learning teams in January, as per their LinkedIn profiles.

DarwinAI had raised over $15 million in funding across various rounds from investors including BDC Capital’s Deep Tech Venture Fund, Honeywell Ventures, Obvious Ventures, and Inovia Capital. BDC Capital confirms on its website that it has received an exit from DarwinAI, whereas Obvious Venture has updated its portfolio to reflect that the startup has been acquired.

BDC Capital and Obvious Venture didn’t comment on the story at the time of writing. Apple didn’t immediately respond to requests for comment.

As Bloomberg noted in its report, apart from helping with manufacturing efficiency, DarwinAI uses techniques to make AI models smaller and faster. This could be useful for on-device generative AI features Apple hopes to introduce in iOS 18 this year.

Apple has lagged in releasing gen-AI-powered features as compared to competitors like OpenAI, Google, Meta, and Microsoft. In February, Tim Cook said the company plans to introduce such features “later this year.”

“We continue to spend a tremendous amount of time and effort and we’re excited to share the details of our ongoing work in that space later this year,” Cook said during a quarterly earnings call with analysts.

Last year the Apple top exec had confirmed investment into gen-AI efforts. Apple’s job listings have suggested the company is exploring infusing AI in multiple internal and external areas including, Siri, developer tools, and customer support.



Source link

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