Maria Deutscher
Latest from Maria Deutscher
Securonix Inc. today announced that it has acquired fellow cybersecurity startup ThreatQuotient Inc. to enhance its breach prevention capabilities. The terms of the deal were not disclosed. Addison, Texas-based Securonix is backed by more than $1 billion in funding. It raised most …
SailPoint shares jump 14%+ on strong first-quarter earnings
Shares of cybersecurity provider SailPoint Technologies Inc. rose more than 14% today after it posted quarterly results that topped expectations across the board. The company also upgraded its full-year guidance. The earnings report is SailPoint’s second since going public in February. The …
Following Neon acquisition, Databricks launches serverless Lakebase database
Databricks Inc. today introduced a new serverless database called Lakebase that can process more than 10,000 queries per second. The service is based on PostgreSQL, a popular open-source relational database. It’s powered by technology that Databricks obtained through its recent acquisition of …
Meta reportedly forming superintelligence lab amid Llama 4 Behemoth delays
Meta Platforms Inc. is reportedly forming a new lab to develop superintelligence, a term for artificial intelligence models that can outperform humans at many tasks. The New York Times detailed the initiative today. Alexandr Wang, the co-founder and chief executive of Scale …
Glean nabs $150M in funding at $7.2B valuation
Glean Technologies Inc., a developer of artificial intelligence productivity tools, today announced that it has raised $150 million in a late-stage funding. Wellington Management led the Series F round. It was joined by Khosla Ventures, Bicycle Capital, Geodesic Capital, Archerman Capital and …
Mistral AI debuts new Magistral series of reasoning LLMs
Mistral AI SAS today introduced Magistral, a new lineup of reasoning-optimized large language models. The LLM series includes two algorithms on launch. The first, Magistral Small, is available under an open-source license and features 24 billion parameters. It’s joined by a more …
Pactum raises $54M for its procurement automation platform
Pactum AI Inc., a startup that helps companies secure more favorable contractual terms from their suppliers, has closed a $54 million funding round led by Insight Partners. The Series C investment was announced today. It comes about a year after Pactum’s previous …
IonQ to buy Oxford Ionics in $1B+ quantum hardware acquisition
IonQ Inc. today announced plans to acquire Oxford Ionics Ltd, a fellow developer of quantum computing chips, for $1.075 billion. The company will finance the deal with a combination of its own stock and $10 million in cash. The acquisition is expected …
Qualcomm acquires chip designer Alphawave for $2.4B
Qualcomm Inc. is acquiring Alphawave IP Group plc, a U.K.-based provider of technology for linking together chips, in a $2.4 billion deal. The companies announced the transaction today. It doesn’t come as a surprise: Qualcomm first disclosed plans to make a bid …
Thread AI raises $20M for its AI-powered workflow automation platform
Thread AI Inc., a startup that helps organizations automate business tasks using artificial intelligence, has raised $20 million in funding. The company announced the Series A round on Thursday. It was led by Greycroft with participation from Scale Venture Partners, Plug-and-Play, Meritech …