Maria Deutscher
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Meta launches image generation model with coding, search capabilities
Meta Platforms Inc. today debuted an image generation model that can write code and search the web. Muse Image is the second algorithm released to date by Meta Superintelligence Labs, the company’s artificial intelligence research group. The first is the Muse Spark large language model that made its debut in April. Both algorithms are available ...
Encryption management startup Keyfactor raises $1B+ in funding
Keyfactor Inc., a provider of software tools that help enterprises encrypt their data, has raised more than $1 billion from investment firm Summit Partners. The company announced the deal on Monday. Keyfactor’s other institutional backers, which have invested more than $200 million in the company, are set to retain “significant” stakes. A large company uses ...
Barracuda Networks acquires access management startup Evo Security
Barracuda Networks Inc. today announced that it has acquired Evo Security Inc., a startup with a platform for managing employee access to business applications. The terms of the deal were not disclosed. Campbell, California-based Barracuda is a major provider of cybersecurity software. It offers a platform called BarracudaONE that can protect email inboxes, networks and ...
Anthropic inks $19B AI data center lease with TeraWulf
Anthropic PBC will pay $19 billion to lease a TeraWulf Inc. data center for 20 years. TeraWulf, a Nasdaq-listed developer of artificial intelligence infrastructure, announced the deal today. The company’s shares rose 4.8% on the news. The data center that Anthropic has agreed to lease is currently being built on the site of a former ...
AI post-training startup Bespoke Labs raises $40M in funding
Bespoke Labs Inc., a startup working to streamline the post-training phase of artificial intelligence projects, has raised $40 million in funding. The company stated today that the capital arrived in two tranches. Bespoke Labs raised the bulk of the funds, $31.75 million, through a Series A round led by Wing VC. The firm was joined ...
Smart glasses startup Even Realities raises $150M
Even Realities Ltd., a Shenzhen-based smart glasses startup, has raised $150 million in funding at a $1 billion valuation. TechCrunch reported today that the round was led by Meituan, China’s largest food delivery provider. WeChat parent company Tencent Inc. participated as well. Even Realities’ flagship product is a $599 pair of smart glasses called the ...
AI data center builder Crusoe reportedly raising $3B at $30B valuation
Data center builder Crusoe Inc. is reportedly in talks to raise a $3 billion funding round. Bloomberg on Thursday cited sources as saying that the deal could value the company at $30 billion. That’s about three times what Crusoe was worth last year. The report didn’t name the investors that may participate in the new ...
Chipmakers urge White House to avoid broad memory market interventions
A chip industry association has urged the White House not to make major changes to the way the memory market is regulated. The group, SEMI, represents most of the world’s major semiconductor equipment and materials companies as well as chipmakers. Bloomberg reported late Thursday that the association had outlined its concerns about the memory market ...
Meta to release new AI model with advanced coding capabilities ‘soon’
Meta Platforms Inc. is gearing up to release a new version of its flagship Muse Spark artificial intelligence model. Alexandr Wang, the company’s chief AI officer, wrote on X today that the update will roll out “soon.” The announcement came a few hours after Business Insider reported that the new algorithm is competitive with GPT-5.5 ...
Anthropic reportedly in talks with Samsung to manufacture custom AI chip
Anthropic PBC is reportedly in talks with Samsung Electronics Co. to produce a custom artificial intelligence chip. The Information today cited sources as saying that the discussions are in an early stage. According to the publication, Anthropic has not yet finalized key details such as what workloads the processor will run and its performance. Some ...