Maria Deutscher
Latest from Maria Deutscher
EU reportedly plans to fine Google over search practices
The European Commission, the European Union’s executive arm, reportedly plans to issue a record fine to Google LLC over its practices in the search market. German newspaper Handelsblatt today cited sources as saying that the company will be ordered to pay a high nine-figure penalty. According to Reuters, it would represent the largest-ever fine issued ...
Pope Leo XIV highlights AI risks in first encyclical
Pope Leo XIV today issued an encyclical that contains an extensive discussion of artificial intelligence and its risks. The approximately 43,000-word document is entitled “Magnifica Humanitas,” which is Latin for “Magnificent Humanity.” One of its five core chapters is dedicated entirely to technology’s impact on humanity. The lengthy section places particular emphasis on AI. Leo ...
Trump delays AI executive order after tech industry pushback
U.S. President Donald Trump has delayed the signing of an executive order designed to regulate advanced artificial intelligence models. “I didn’t like certain aspects of it. I postponed it,” Trump told reporters at a Thursday event in the Oval Office. According to Politico, the decision came after several prominent tech industry figures expressed opposition to ...
Hark raises $700M+ to build ‘personalized intelligence’ devices
Hark Inc., a startup developing artificial intelligence devices for the consumer market, today announced that it has raised more than $700 million in funding. Parkway Venture Capital led the Series A round. It was joined by Nvidia Corp., Intel Capital, AMD Ventures, Qualcomm Ventures, Salesforce Ventures and several others. The company is now worth $6 ...
Zscaler acquires Symmetry Systems to extend its AI agent security capabilities
Zscaler Inc. is acquiring Symmetry Systems Inc., a venture-backed startup that helps companies monitor their data assets. The companies announced the acquisition today without disclosing the financial terms. Nasdaq-listed Zscaler sells cybersecurity tools that help enterprises protect employees from malicious websites, block phishing emails and fend off other threats. Its software can also mitigate cyberattacks ...
US issues $2B+ in grants to IBM, others for quantum computing initiatives, stocks soar
The U.S. Commerce Department will issue $2.013 billion in grants to IBM Corp., GlobalFoundries Inc. and seven other tech firms to finance quantum computing initiatives. The Wall Street Journal reported today that the U.S. government will receive shares in exchange for the funding. According to the paper, the stock that GlobalFoundries is set to issue ...
Code security startup Socket raises $60M in funding
Cybersecurity startup Socket Inc. today disclosed that it has raised $60 million in funding at a $1 billion valuation. Thrive Capital led the Series C round with participation from Andreessen Horowitz, Capital One Ventures and others. The investment brings Socket’s total outside funding to $125 million. Developers often incorporate open-source components, or packages, into their ...
Mega IPOs on the way: SpaceX releases filing as OpenAI reportedly prepares for September listing
SpaceX Corp. today published the filing for its upcoming initial public offering with a goal of raising a record $80 billion or more. The move came against the backdrop of reports that OpenAI Group PBC could submit the paperwork for its own IPO to regulators as early as Friday. According to the Wall Street Journal, ...
Exa Labs raises $250M at $2.2B valuation for its AI search tools
Search startup Exa Labs Inc. today announced that it has raised $250 million in funding to purchase more infrastructure. The round was led by Andersen Horowitz. It comes less than a year after Exa’s previous raise, a $85 million Series B investment that included contributions from Nvidia Corp. and Y Combinator. The company is now ...
Armada raises $230M at $2B valuation to build portable AI data centers
Armada Inc., a provider of portable data centers and satellite internet software, has raised $230 million in funding at a $2 billion valuation. The company disclosed in its announcement of the raise today that BlackRock, Overmatch and 8090 Industries were the lead investors. They were joined by more than a half-dozen others, including Johnson Controls ...