Maria Deutscher
Latest from Maria Deutscher
PhysicsX reels in $300M to speed up hardware design with AI
PhysicsX Ltd., a startup using artificial intelligence to speed up hardware design projects, today announced that it has raised $300 million in funding. Returning investor Temasek led the Series C round. It was joined by Nvidia Corp., chipmaking equipment supplier Applied Materials Inc., Siemens AG and others. The investment values PhysicsX at $2.4 billion. Engineers ...
US government could take stakes in major AI companies
U.S. officials are weighing a proposal that could see the federal government take stakes in leading artificial intelligence providers. The discussions were first reported by news outlet NOTUS late Thursday. According to Politico, President Donald Trump confirmed the report today during a press briefing aboard Air Force One. Trump stated that he will likely meet ...
Fusion power startup Helion valued at $15.5B in $465M funding round
Fusion power startup Helion Energy Inc. has closed a $465 million funding round led by Thrive Capital. The Series G deal also included contributions from SoftBank Vision Fund 2, Lightspeed and more than a half-dozen others. Helion stated in its Thursday funding announcement that it’s now valued at $15.5 billion. That’s nearly three times what ...
Quantum computer maker Quantinuum closes flat after $1.68B IPO
Quantinuum Inc. listed its shares on the Nasdaq today after raising $1.68 billion in an initial public offering. The quantum computer maker sold 28 million shares for $60 apiece. That’s significantly more than the $53 to $55 target range the company filed last week, which itself represented an increase over the original fundraising goal. Quantinuum ...
Financial technology provider Ramp raises $750M in funding at $44B valuation
Ramp Inc., a provider of cloud services that help companies manage their spending, today revealed it has raised $750 million in late-stage funding. ICONIQ, GIC and the Ontario Teachers’ Pension Plan jointly led the Series F round. They were joined by nearly two dozen others, including Lightspeed, which was the biggest backer of Ramp’s previous ...
AI startup Flourish reportedly raises $500M round backed by Jeff Bezos
Flourish Inc., a startup developing artificial intelligence models inspired by the human brain, has raised $500 million in funding at a $2.5 billion valuation. Wired reported today that about a fifth of the capital was provided by Amazon.com Inc. founder Jeff Bezos. The rest came from a consortium that included Alphabet Inc.’s GV startup investment ...
Observability provider Coralogix nabs $200M investment
Coralogix Inc. today announced that it has raised $200 million in late-stage funding to enhance its observability platform. Advent, CPPIB and Greenfield led the Series F round with participation from Brighton Park Capital. TechCrunch reported that the investment values Coralogix at $1.6 billion. The cash infusion follows a year in which the company’s revenue grew ...
OQC raises $350M for its sapphire-based superconducting quantum chips
British quantum computing startup OQC today announced that it has raised £260 million, or $350 million, in new funding. Bullhound Capital led the oversubscribed Series C round. It was joined by more than a dozen others, including the British Business Bank, the U.K. government’s economic development bank, and the startup investment arms of several universities. ...
UK orders Google to provide AI Overviews opt-out option for publishers
The U.K.’s antitrust regulator has ordered Google LLC to give publishers more control over how their content appears in search results. The Competition and Markets Authority, or CMA, announced the move today. The order focuses on Google Search’s artificial intelligence features, particularly the AI Overviews panel that often appears above search results. The panel displays an ...
Quobly raises $133M for its silicon spin qubit technology
French quantum computing startup Quobly SAS today announced that it has raised €115 million, or about $133 million, to commercialize its technology. The Series A round was led by publicly traded chipmaker STMicroelectronics NV, Bpifrance, SEALSQ and Isalt. Quobly previously raised €40 million. The company used that capital to demonstrate that its technology works. Quobly ...