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AMD has acquired the silicon photonics startup eNosemi to enhance its capabilities in artificial intelligence. This strategic move aims to leverage silicon photonics technology for improved performance and efficiency in AI applications. The acquisition is part of AMD's broader efforts to strengthen its position in the competitive AI market.
Apple executives are reportedly in discussions about acquiring the AI startup Perplexity to enhance their artificial intelligence capabilities. The potential acquisition aligns with Apple's strategy to bolster its presence in the AI space amidst growing competition.
A fintech founder recently made headlines by turning down a $200 million acquisition offer, citing a commitment to his company's vision and values as the primary reason for his decision. He expressed confidence in the long-term potential of his startup and believes that maintaining control will allow for greater innovation and impact in the industry. The founder emphasizes the importance of aligning personal and business goals over financial gain.
Perplexity has acquired the team behind Visual Electric, an AI design startup that received backing from Sequoia. This acquisition aims to bolster Perplexity's capabilities in AI-driven design solutions, enhancing their overall service offerings in the tech space.