Adobe Acquires Topaz Labs for AI Video and Image Enhancement Tools
Adobe announced on Thursday it is acquiring Topaz Labs, a company known for its Emmy-winning production tech, to integrate its AI tools into its creative ecosystem.
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The business of AI — funding rounds, acquisitions, enterprise adoption, and market moves. Who is investing, who is partnering, and how AI is reshaping company strategy and the wider economy.
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TechCrunch Founder Summit 2026 Offers Up to $190 Early Bird Savings
TechCrunch Founder Summit 2026 is holding its final early bird registration window, offering up to $190 savings before prices rise on June 26.
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Amazon Boosts India AI Infrastructure With $13 Billion Investment
Amazon announced a $13 billion investment to expand its AI and cloud infrastructure in India through 2030, marking its third major commitment to the country in three years.
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Former Infosys Chief Launches AI-Driven IT Services Startup
Former Infosys CEO Vishal Sikka has launched Hang Ten Systems, a startup that raised $32 million in seed funding to challenge traditional IT services with AI.
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Accenture Limits AI Use as Companies Curb Token Spending
Accenture is restricting employee AI use after realizing small tasks are draining token budgets, according to 404 Media.
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AI Researchers Leave Google for Anthropic and OpenAI
Two key AI researchers from Google, Jonas Adler and Alexander Pritzel, are joining Anthropic, according to Bloomberg. The trend continues with Noam Shazeer also leaving for OpenAI.
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SignalFire Finds Engineering Jobs Most Resilient Amid AI Adoption
SignalFire's analysis shows engineering roles saw a 11% hiring decline in 2025, compared to a 25% drop in total tech hiring, with engineers making up 55% of new hires at major tech firms.
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Agility Robotics Plans SPAC Merger in $2.5B Deal
Agility Robotics, maker of humanoid robot Digit, plans to go public via SPAC in a $2.5 billion deal, raising over $620 million in proceeds.
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TechCrunch Founder Summit 2026 Offers Up to $190 Savings
TechCrunch Founder Summit 2026 is offering up to $190 off passes with Early Bird rates ending June 26.
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Oracle's AI investments drive 21,000 layoffs
Oracle reported 21,000 job cuts in a year, citing AI adoption and debt-fueled expansion as key factors.
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Fika Jobs Raises $4M to Build Video-First Hiring Platform
Fika Jobs, a Stockholm-based startup, raised $4 million in pre-seed funding to develop a video-first hiring platform that uses AI agents to interview candidates.
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TechCrunch Founder Summit 2026 Offers Early Bird Savings
TechCrunch Founder Summit 2026 is set for November 4 in Boston, with early bird savings ending on June 26.