Venture studio High Alpha invests in Indianapolis-based Engineered Innovation Group
By working together, EIG and High Alpha say they can combine their areas of expertise and potentially speed up the process of launching new startups.
Technology
Search engine founder testifies that Google’s partnerships thwart competition
Appearing in the biggest antitrust trial in a quarter century, DuckDuckGo founder Gabriel Weinberg testified Thursday that it was hard for his small search engine company to compete with Google.
Tech companies try to take AI image generators mainstream
Leading tech companies are rushing to integrate artificial intelligence text-to-image generators into Adobe Photoshop, YouTube and other familiar tools.
Lebanon set to annex another 645 acres for LEAP District
Since July 2022, the city of Lebanon has annexed a total of 7,200 acres for the LEAP Lebanon Innovation and Research District, a planned technology and advanced manufacturing hub of 9,000 acres or more.
ChatGPT usage rising again as students return to school
The increase is perhaps the clearest indication yet that the chatbot’s usage is directly affected by the school calendar in the United States.
UPDATE: Department of Defense awards Indiana $33M for regional innovation hub
Indiana is one of eight states selected for a regional technology and innovation hub that will be part of a federally funded national network of centers supporting domestic production of microelectronics, semiconductor manufacturing and other advanced technologies.
Google adds ChatGPT rival Bard to Gmail, YouTube, Docs and more
Google is integrating its Bard artificial intelligence chatbot with some of its other products, as the tech giant tries to keep up with fierce competition and get more people to use its AI tools.
Push for high-tech plants drives up cost of incentives
National efforts to boost computer chip and electric vehicle production are fueling a bidding war among states, including Indiana, that is driving up the cost and number of so-called “megadeal” incentive packages exceeding $50 million.
TechPoint adopts new tech tool to advance workforce goals
TechPoint is in the process of adopting a platform from MetaImpact, a local startup headed by tech entrepreneur Scott McCorkle, to help the state grow its tech workforce.
Casino giant Caesars Entertainment reports cyberattack, joining MGM Resorts
While some MGM Resorts computer systems were still down, Caesars told federal regulators on Thursday that its casino and online operations were not disrupted.
Tech industry leaders endorse regulating artificial intelligence at rare summit
The nation’s biggest technology executives on Wednesday loosely endorsed the idea of government regulations for artificial intelligence at an unusual closed-door meeting in the U.S. Senate.
Leaving Google’s search engine isn’t easy, government witness says in antitrust case
The U.S. Justice Department pressed ahead with its antitrust case against Google on Wednesday, questioning a former employee of the search engine giant about deals he helped negotiate with phone companies in the 2000s.
Apple’s new iPhones get faster chips, better cameras, new charging ports
Apple is being forced to phase out the Lightning port cables it rolled out in 2012 because of a mandate that European regulators plan to impose in 2024.
In first tech antitrust trial in decades, DOJ takes on Google
Over the next 10 weeks, the Justice Department and a group of state attorneys general will argue that Google has illegally abused its monopoly power to run roughshod over rivals, inking deals to ensure dominance.
Indianapolis-based Major Tool & Machine expanding capacity in microchips industry
The company, which specializes in metal fabrication and machining, is in the midst of a 51,000-square-foot expansion that will boost its ability to make components for one major customer in the microchip industry.
Google reaches tentative settlement with all 50 states over alleged app store monopoly
The lawsuit was filed in 2021 over the tech giant’s alleged monopolistic control of app distribution for the software that runs most of the world’s cellphones.
Andretti special purpose acquisition company to merge with Boston-based AI startup
Andretti Acquisition Corp., a blank-check company that was formed last year, announced Wednesday that it plans to merge with Boston-based startup Zapata AI.
IBJ Podcast: Brothers behind tech firm Qualifi on being Black founders, raising capital, ‘unwillingness to die’
Darrian and Devyn Mikell discuss the inspiration they’ve received from their family (including an older brother with a Pro Bowl career in the NFL); how they handle the rollercoaster of startup life; obstacles that Black entrepreneurs face; and the importance of a diverse staff.
Breach exposes information of 200K-plus Hoosier Medicaid members
The exposed information includes names, addresses, Social Security numbers, dates of birth, gender, medical conditions, diagnoses, medications, allergies, health conditions and more.
Is the tech recession over? Maybe.
After peaking early this year, the number of tech industry layoffs—and the number of companies cutting those jobs—appears to have slowed in recent months.