Maria Deutscher
Latest from Maria Deutscher
Elastic reportedly acquires site reliability engineering startup Deductive AI
Elastic NV has reportedly acquired Deductive AI Inc., a startup with a platform that helps enterprises fix errors in their technology infrastructure. TechCrunch on Thursday cited a source as saying that the deal is worth up to $85 million. That’s reportedly more than double the valuation Deductive received after its seed round last year. The ...
US energy regulator moves to speed up data center projects
The U.S. Federal Energy Regulatory Commission has issued a set of orders designed to expedite data center projects. The agency’s five commissioners unanimously approved the directives on Thursday. The orders are part of an initiative that U.S. Energy Secretary Chris Wright launched last year to streamline data center construction. According to the Associated Press today, it’s ...
Architect Labs nabs $24M to speed up chip design projects with AI
Chip design startup Architect Labs Inc. launched today with $24 million in funding from a group of prominent investors. Kindred Ventures led the seed round. It was joined by Perplexity AI Inc. Chief Executive Officer Aravind Srinivas, Transformer co-inventor Lukasz Kaiser, former OpenAI Group PBC executive Srinivas Narayanan and more than a half-dozen others. Designing ...
Dream raises $260M for its sovereign AI and cybersecurity tools
Dream Security Ltd., a developer of artificial intelligence and cybersecurity software for governments, today announced that it has raised $260 million in funding. Bicycle Capital and Group 11 jointly led the investment. They were joined by several other institutional backers including Bain Capital Ventures. Dream is now valued at $3 billion. Tel Aviv-based Dream is ...
AI inference provider Baseten reportedly raising $1.5B in funding
Baseten Inc., a startup with a platform for running artificial intelligence inference workloads, is raising $1.5 billion in funding. The Wall Street Journal reported today that Altimeter Capital, Conviction, Spark Capital, Sands Capital and Wellington Management are co-leading the deal. It’s unclear whether there are additional participants. Some of the investors are buying shares at ...
Conduct raises $60M to speed up software modernization projects
Conduct AI Ltd today announced that it has raised $60 million in funding to enhance its namesake code modernization platform. Index Ventures and ICONIQ co-led the Series A investment. They were joined by SAP SE along with returning backers Creandum, Lucid Capital and Booom. The off-the-shelf software products that companies use often don’t contain all ...
AI cyber warfare startup Twenty raises $100M at $1B valuation
Twenty Inc., a startup that develops cyber warfare software for the U.S. military and intelligence community, has raised $100 million in funding. Accel led the Series B investment. Twenty stated in its announcement of the deal today that Friends & Family Capital, Point72 Ventures and Caffeinated Capital participated as well. The company is now valued ...
AI material discovery startup CuspAI reportedly raising $400M round
CuspAI Ltd., a startup working to speed up material discovery, is reportedly in the process of raising a $400 million funding round. The Financial Times reported today that the term sheet has been signed but the transaction is still being finalized. According to the paper, Amazon.com Inc. founder Jeff Bezos’ Bezos Expeditions and Kleiner Perkins ...
China’s DeepSeek reportedly raises $7.4B in funding at $50B+ valuation
Chinese artificial intelligence lab DeepSeek has reportedly raised more than 50 billion yuan, or $7.4 billion, in new funding. The Information and the Wall Street Journal today cited sources as saying that the company is now worth over $50 billion. That reportedly makes it China’s most valuable AI startup. DeepSeek founder and Chief Executive Officer Liang ...
Databricks acquires cyberattack detection startup Panther
Databricks Inc. today announced plans to acquire Panther Labs Inc., a startup with an artificial intelligence platform for detecting cyberattacks. The companies didn’t disclose the financial terms. Panther received a $1.4 billion valuation in a 2021 funding round that included contributions from Snowflake Ventures, Coatue and other prominent backers. Understanding the scope of a cyberattack ...