Maria Deutscher
Latest from Maria Deutscher
AWS adds agentic payment features to Amazon Bedrock AgentCore
Amazon Web Services Inc. today debuted a set of features that artificial intelligence agents can use to make purchases. The capabilities are available in preview through the cloud giant’s Amazon Bedrock AgentCore service. It’s a suite of tools that companies can use to build and maintain AI agents. Bedrock AgentCore also eases certain related tasks, such ...
Open-source AI developer Moonshot AI raises $2B at $20B+ valuation
Chinese artificial intelligence lab Moonshot AI has raised $2 billion in funding at a valuation exceeding $20 billion. TechCrunch reported the deal today, citing a social media post from an investment advisory firm that was involved in the deal. The funding round was led by the venture capital arm of Meituan, China’s largest food delivery ...
Quantum Motion raises $160M to build faster quantum chips
Quantum computer maker Quantum Motion Ltd. today announced that it has raised $160 million in funding to enhance its silicon-based qubit technology. The Series C round was led by DCVC and Kembara. It comes about three years after the startup’s last raise. London-based Quantum Motion used part of that investment to build a quantum computer ...
Kyndryl shares drop 10% after fourth-quarter earnings miss
Shares of information technology services provider Kyndryl Holdings Inc. closed almost 11% lower today after it posted weaker-than-expected quarterly results. The company generated an adjusted net income of $40 million in the three months ended March 31. That translated into adjusted earnings of 18 cents per share, well below the 45 cents that analysts had ...
Anthropic to use SpaceX’s Colossus 1 supercomputer for inference
Anthropic PBC today announced that it will use SpaceX Corp.’s Colossus 1 supercomputer to power its Claude chatbot. The system was originally built in 2024 by xAI Holdings Corp., an artificial intelligence venture that Elon Musk launched the year prior. SpaceX obtained Colossus 1 when it acquired xAI earlier this year. The supercomputer, which is ...
Nvidia partners with Corning to boost the supply of optical network components
Nvidia Corp. will help publicly traded glass maker Corning Inc. boost the rate at which it produces parts for optical data center networks. The partnership, which the companies announced today, will see Corning build three new factories in North Carolina and Texas. The facilities will boost the manufacturer’s optical hardware production capacity in the U.S. ...
ElevenLabs adds high-profile investors after annualized revenue tops $500M
ElevenLabs Inc., a developer of artificial intelligence models optimized for audio processing, today announced that several dozen investors have joined its latest funding round. The startup first closed the Series D investment in February with a $500 million haul. The raise valued it at $11 billion. ElevenLabs didn’t specify the dollar value of its Series ...
AI data center operator IREN to acquire Mirantis for $625M
Artificial intelligence data center operator IREN Ltd. today announced plans to acquire Mirantis Inc., a provider of infrastructure management software. The all-stock transaction is worth $625 million. Mirantis previously raised about $220 million in funding from Intel Corp., Goldman Sachs and other investors. New York-based IREN launched in 2018 as an Australian bitcoin mining startup ...
Nvidia, AMD back $100M round for AI tooling startup RadixArk
RadixArk Inc., a startup that provides tools for artificial intelligence developers, has raised $100 million from a group of high-profile backers. Accel led the seed round with Spark Capital. They were joined by Nvidia Corp.’s NVentures fund, Advanced Micro Devices Inc., Databricks Inc., Broadcom Inc. Chief Executive Hock Tan and others. The Wall Street Journal reported ...
AI agent startup Sierra valued at $15B in new $950M funding round
Eight months after closing a $350 million funding round, Sierra Technologies Inc. today announced that it has raised an additional $950 million at a $15 billion valuation. Alphabet Inc.’s GV venture capital arm and Tiger Global led the investment. They were joined by Benchmark, Sequoia, Greenoaks and several others. Sierra was founded in early 2024 ...