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MAI-Image-1 marks Microsoft’s debut as a standalone AI image creator
Microsoft announced MAI-Image-1, its first image generation model developed entirely in-house. The model will become available on Copilot and Bing Image Creator “very soon” and can currently be te...

Visa just launched a protocol to secure the AI shopping boom — here’s what it means for merchants
Visa is introducing a new security framework designed to solve one of the thorniest problems emerging in artificial intelligence-powered commerce: how retailers can tell the difference between legitim...

LSEG and Microsoft to Help Banks Build AI Agents
LSEG, the operator of the London Stock Exchange and provider of global financial markets infrastructure and data, partnered with Microsoft to facilitate access to artificial intelligence-ready data an...

Microsoft AI announces first image generator created in-house
Microsoft AI just announced its first text-to-image generator, MAI-Image-1, designed and developed in-house. The tech giant, which recently announced its first in-house Microsoft AI models, cal...

Brazil’s PicPay Considers Launching US IPO This Year
Mobile banking app PicPay reportedly aims to raise $500 million in a U.S. initial public offering that could happen as soon as this year. The company is working with banks on a potential li...

OpenAI partners with Broadcom to produce its own AI chips
OpenAI is teaming up with Broadcom to produce its own computer chips to power its AI data centers. The deal is the latest in a series of partnerships designed to reduce the company’s reliance...

Palmer Luckey’s Anduril launches EagleEye military helmet with help from buddy Zuck
Its partnership with Meta was announced this May, and the company told TechCrunch at the time that the collaboration was to develop EagleEye. It’s a reunion of sorts for Luckey and Mark Zuckerberg,...

Broadcom stock (AVGO) soars after announcing custom AI chip deal with OpenAI
The Broadcom stock price surged on Monday after the company announced a major strategic partnership with OpenAI to co-develop and deploy up to 10 gigawatts of custom artificial intelligence accelerato...

Tim Cook is preparing his exit and Apple’s succession drama has begun
An era is ending at Cupertino. The steady hand that guided Apple to become the world’s first three-trillion-dollar company is preparing to let go. Reports are swirling that Tim Cook, the operational...

Slack is turning Slackbot into an AI assistant
Slack is testing an update for Slackbot that transforms it into an AI assistant. Presently, it operates as a tool for delivering reminders and notifications. With the update, Slackbot can creat...