Maria Deutscher
Latest from Maria Deutscher
Sam Altman-backed network infrastructure startup Meter raises $170M
Meter Inc., a startup that helps companies build corporate networks, has raised $170 million in funding from a group of prominent investors. General Catalyst led the round. Meter detailed in its announcement of the deal today that Baillie Gifford, J.P. Morgan, Microsoft Corp. and Sequoia Capital participated as well along with a number of other ...
AMD debuts new flagship MI350 data center graphics cards with 185B transistors
Advanced Micro Devices Inc. today introduced a new line of artificial intelligence chips that it says can outperform Nvidia Corp.’s Blackwell B200 at some tasks. The Instinct MI350 series, as the product family is called, includes two graphics cards. There’s the top-end MI355X, which relies on liquid cooling to dissipate heat. It’s joined by a ...
Securonix acquires threat intelligence startup ThreatQuotient
Securonix Inc. today announced that it has acquired fellow cybersecurity startup ThreatQuotient Inc. to enhance its breach prevention capabilities. The terms of the deal were not disclosed. Addison, Texas-based Securonix is backed by more than $1 billion in funding. It raised most of that capital through a 2022 growth investment provided by Vista Equity Partners. ...
SailPoint shares jump 14%+ on strong first-quarter earnings
Shares of cybersecurity provider SailPoint Technologies Inc. rose more than 14% today after it posted quarterly results that topped expectations across the board. The company also upgraded its full-year guidance. The earnings report is SailPoint’s second since going public in February. The offering raised $1.18 billion and gave the company a market capitalization of $12.8 ...
Following Neon acquisition, Databricks launches serverless Lakebase database
Databricks Inc. today introduced a new serverless database called Lakebase that can process more than 10,000 queries per second. The service is based on PostgreSQL, a popular open-source relational database. It’s powered by technology that Databricks obtained through its recent acquisition of Neon Inc., a startup with an eponymous serverless PostgreSQL platform. The deal was ...
Meta reportedly forming superintelligence lab amid Llama 4 Behemoth delays
Meta Platforms Inc. is reportedly forming a new lab to develop superintelligence, a term for artificial intelligence models that can outperform humans at many tasks. The New York Times detailed the initiative today. Alexandr Wang, the co-founder and chief executive of Scale AI Inc., is expected to join the lab. Several other employees of the ...
Glean nabs $150M in funding at $7.2B valuation
Glean Technologies Inc., a developer of artificial intelligence productivity tools, today announced that it has raised $150 million in a late-stage funding. Wellington Management led the Series F round. It was joined by Khosla Ventures, Bicycle Capital, Geodesic Capital, Archerman Capital and more than a dozen returning Glean backers. The investment values the company at ...
Mistral AI debuts new Magistral series of reasoning LLMs
Mistral AI SAS today introduced Magistral, a new lineup of reasoning-optimized large language models. The LLM series includes two algorithms on launch. The first, Magistral Small, is available under an open-source license and features 24 billion parameters. It’s joined by a more capable, proprietary model called Magistral Small that will be available through Mistral AI’s ...
Pactum raises $54M for its procurement automation platform
Pactum AI Inc., a startup that helps companies secure more favorable contractual terms from their suppliers, has closed a $54 million funding round led by Insight Partners. The Series C investment was announced today. It comes about a year after Pactum’s previous raise, a $20 million round backed by shipping giant Maersk AS. The company ...
IonQ to buy Oxford Ionics in $1B+ quantum hardware acquisition
IonQ Inc. today announced plans to acquire Oxford Ionics Ltd, a fellow developer of quantum computing chips, for $1.075 billion. The company will finance the deal with a combination of its own stock and $10 million in cash. The acquisition is expected to close by year’s end. Both IonQ, which trades on the NYSE, and ...
