GoKawiil
Tech News
Apple has acquired Ascension Labs, Inc., known as Ascend.io, according to a disclosure required under the EU's Digital Markets Act. The deal is structured as an acquihire, giving Apple the right to hire certain Ascend employees, a non-exclusive license to its intellectual property, and assignment of certain patents. Ascend.io, founded in 2015, built an 'Agentic Data Engineering' platform using AI agents to automate data pipeline tasks.
Character.AI filed for bankruptcy this week in a move court filings show was structured to let Disney hire the bulk of its staff, including former CEO Karandeep Anand, and gain access to much of its technology. The remaining shell of Character.AI retains responsibility for ongoing lawsuits and regulatory investigations into the safety of its chatbots. Character.AI's new CEO said the bankruptcy aimed to reach a 'consensual resolution' with injury claimants and investigating states while maximizing value for shareholders.