Maria Deutscher
Latest from Maria Deutscher
AI-powered 3D modeling startup Backflip closes $30M round
Backflip Inc., a startup helping engineers create 3D models faster, today announced that it has closed a $30 million early-stage funding round. NEA and Andreessen Horowitz led the Series A raise. They were joined by a Who’s Who of angel investors: Microsoft Corp. Chief Technology Officer Kevin Scott, Android founder Rich Miner and Ashish Vaswani, ...
Google debuts reasoning-optimized Gemini 2.0 Flash Thinking Experimental model
Google LLC today released a new artificial intelligence model, Gemini 2.0 Flash Thinking Experimental, that’s optimized for reasoning tasks. The company says the algorithm can tackle problems across fields such as programming, physics and math. It’s based on another Google model, Gemini 2.0 Flash, that debuted earlier this month. The latter algorithm is positioned as ...
AI world model startup Decart reels in $32M
Artificial intelligence developer Decart.AI Inc. today announced that it has closed a $32 million early-stage funding round led by Benchmark. The Series A investment also included the participation of Sequoia Capital and Zeev Ventures, which provided the startup with $21 million in seed financing just a few weeks earlier. The latest cash infusion reportedly boosted ...
Overture makes its open-source transportation dataset generally available
The Overture Maps Foundation, a consortium backed by several major tech firms, today made its transportation dataset generally available. The dataset contains information about more than 53 million miles of roads worldwide. The consortium envisions companies using it to power ride-sharing apps, logistics software, navigation tools and a range of other services. The Overture Maps ...
Supreme Court to hear arguments on looming TikTok ban
The U.S. Supreme Court will review a law that requires TikTok parent ByteDance Ltd. to sell the app or face a ban. The Justices will hear oral arguments in the case on Jan. 10, according to an order released today. The legislation requiring ByteDance to offload TikTok or face a ban is set to take ...
AMD backs $333M funding round for cloud infrastructure provider Vultr
Cloud infrastructure startup Vultr Inc. today disclosed that it has raised a $333 million funding round at a $3.5 billion valuation. LuminArx Capital Management and AMD Ventures jointly led the investment. It marks the first time Vultr has raised equity funding since launching about a decade ago. In 2021, it secured a $150 million credit ...
Report: US investigating China’s TP-Link and could ban its routers next year
Multiple federal agencies are investigating Chinese router maker TP-Link Technologies Co., the Wall Street Journal reported today. At least one of the probes focuses on the potential cybersecurity risks posed by the company’s devices. Another investigation, which is being led by the Justice Department, focuses on whether TP-Link has used anticompetitive product pricing practices. It’s ...
AI-powered accounting startup Basis raises $34M in funding
Basis, a startup developing artificial intelligence software for accounting firms, today announced that it has closed an early-stage $34 million investment. The Series A round was led by Khosla Ventures. It also drew contributions from Better Tomorrow Ventures, BoxGroup, Avid Ventures and NFDG, a fund run by former GitHub Chief Executive Nat Friedman and former ...
Ireland’s privacy regulator fines Meta €251M over 2018 cyberattack
Ireland’s privacy regulator has fined Meta Platforms Inc. €251 million, or $263 million, over a 2018 breach that compromised millions of users’ data. The Data Protection Commission announced the decision today. The regulator is responsible for overseeing Meta’s privacy practices in the European Union because the company’s regional headquarters is located in Ireland. The cyberattack ...
Databricks raising mammoth $10B funding round at $62B valuation
Cloud data platform provider Databricks Inc. today announced that it’s raising a very late-stage $10 billion funding round at a $62 billion valuation. The Series J investment doesn’t come as a surprise. Reports that Databricks is in the process of raising capital first emerged last month, when sources told CNBC that the company was seeking ...