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Connect Money scores $8M to enable non-bank businesses to offer embedded finance services

​[[{“value”:” Banking-as-a-service (BaaS) platforms are instrumental in driving access to digital financial services by introducing fintech capabilities to non-bank businesses. Multiple businesses are tapping these platforms to circumvent the need to build their own tech infrastructure and the bureaucratic processes of acquiring the requisite regulatory approvals to offer financial services including card payments and lending. Globally, […] © 2024 TechCrunch….

Apple shelved the idea of integrating Meta’s AI models over privacy concerns, report says

​[[{“value”:” Days after the Wall Street Journal reported that Apple and Meta were in talks to integrate the latter’s AI models, Bloomberg’s Mark Gurman said that the iPhone maker was not planning any such move. Apple briefly held talks with Meta about the possibility of a partnership way back in March, according to Bloomberg. This was […] © 2024 TechCrunch….

TechCrunch Space: Building (and testing) for the future

​[[{“value”:” Hello and welcome back to TechCrunch Space. It’s becoming a habit to open each TechCrunch Space newsletter with a bit of an update on Boeing’s Starliner mission, so bear with me. Per NASA officials, the spacecraft will now return its two-person crew to Earth no earlier than June 26, instead of the originally planned date […] © 2024 TechCrunch….

OpenAI buys a remote collaboration platform

​[[{“value”:” OpenAI is on an M&A tear. Days after acquiring database tech firm Rockset, OpenAI has purchased Multi (previously Remotion), a startup developing a enterprise-focused, video-first collaboration platform. A source familiar with the matter says that the deal is technically an acquihire and that most of Multi’s team — around five people — will join OpenAI […] © 2024 TechCrunch….