Maria Deutscher
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Report: Meta developing open-source versions of upcoming AI models
Meta Platforms Inc. plans to release open-source versions of its next-generation artificial intelligence models, Axios reported today. The company debuted its most capable neural network last April. Llama 4 Maverick, as the algorithm is called, is an open-source large language model with 400 billion parameters. In December, sources told Bloomberg that Meta was planning to ...
OpenAI releases policy document focused on financial impacts and risks of AI
OpenAI Group PBC today released a policy framework with suggestions on how to address the risks posed by artificial intelligence. The 13-page document is titled “Industrial Policy for the Intelligence Age: Ideas to Keep People First.” It’s at least the second such paper OpenAI has published in the past two years. The document’s release follows new reports ...
Satellite data startup Xoople closes $130M investment
Xoople SL, a Spanish provider of Earth observation data, today disclosed that it has closed a $130 million funding round. Madrid-based investment firm Nazca Capital led the raise. It was joined by MCH Private Equity, CDTI, Buenavista Equity Partners and Endeavor Catalyst. Xoople provides access to satellite imagery from organizations such as the European Space ...
Report: Edge AI chip startup Hailo to go public via SPAC merger
Chipmaker Hailo Technologies Ltd. is reportedly preparing to list its shares through a merger with a special-purpose acquisition company. Calcalist revealed the plan today, citing regulatory filings from Hailo investor Delek Automotive. The offering is reportedly designed to shore up the chipmaker’s finances amid an “urgent need for liquidity.” Hailo laid off nearly 10% of ...
Anthropic reportedly acquires medical AI startup Coefficient Bio for $400M+
Anthropic PBC has reportedly acquired Coefficient Bio Inc., a provider of artificial intelligence software for medical researchers. Half the startup’s stock was owned by a healthcare-focused venture capital firm called Dimension. The fund informed investors of the acquisition in a letter that was published today by journalist Eric Newcomer. According to the document, Anthropic is ...
Cursor refreshes its vibe coding platform with focus on AI agents
Startup Cursor today debuted a new version of its popular artificial intelligence coding platform. The release includes features that will make it easier for developers to automate programming tasks using AI agents. It also introduces improvements in other areas. Cursor has raised more than $3 billion in funding from Nvidia Corp., Google LLC and other ...
OpenAI acquires tech industry podcast company TBPN
OpenAI Group PBC today announced that it has acquired the company behind TBPN, a popular tech industry podcast. The terms of the deal were not disclosed. According to The Wall Street Journal, TBPN expects to generate more than $30 million in advertising revenue this year. That suggests the buyout price was relatively small compared to ...
Microsoft launches new high-speed voice and image models
Microsoft Corp. today introduced a trio of artificial intelligence models optimized to process images and audio. The algorithms are available through Microsoft Foundry, an Azure service that developers can use to build AI applications. The tech giant has also started rolling out the models to a number of other products. The first new algorithm, MAI-Image-2, ...
Intel to repurchase Apollo’s stake in Ireland fab for $14.2B
Two years after selling a stake in its Irish chip manufacturing facility, Intel Corp. today announced plans to buy back the shares for $14.2 billion. The company intends to finance the transaction with a combination of cash and stock. Intel operates a plant called Fab 34 in Ireland that makes central processing units. In June ...
SpaceX reportedly files for $75B public offering that could value it at $1.75T
SpaceX Corp. has confidentially filed the paperwork for an initial public offering, sources told Bloomberg today. The listing is set to be the largest on record with an unexpected fundraising target of up to $75 billion. According to the report, SpaceX could receive a valuation exceeding $1.75 trillion. That’s a $500 billion increase over what ...