Maria Deutscher
Latest from Maria Deutscher
Startup Patronus AI Inc. today debuted a tool called Percival that promises to help developers more quickly fix issues in artificial intelligence agents. Patronus AI is backed by $20 million in funding from Datadog Inc., Lightspeed and other backers. Its flagship product …
Databricks buys serverless database startup Neon for reported $1B
Confirming recent reports, Databricks Inc. today announced that it’s acquiring Neon Inc. to enhance its cloud data platform, in a deal the Wall Street Journal reported is worth about $1 billion. San Francisco-based Databricks received a $62 billion valuation after its most recent …
Microsoft to lay off 6,000 workers, 3% of staff, in new restructuring initiative
Two years after its last major round of layoffs, Microsoft Corp. today disclosed plans to let go about 6,000 employees. The affected staffers represent 3% of the company’s workforce. CNBC reported that the cuts will affect staffers across “all levels, teams and geographies.” …
Celonis adds new AI, data management features to its business process platform
Celonis SE is extending its namesake software platform with new features that promise to help companies operate more efficiently. The German startup, which is backed by more than $1.7 billion in funding, announced the enhancements today at its Celonis:Next event. A sizable …
Kong debuts Kong Event Gateway for managing real-time data streams
Kong Inc. today introduced Kong Event Gateway, a new tool for managing real-time data streams powered by Apache Kafka. San Francisco-based Kong received a valuation of more than $2 billion in a funding round last year. It provides a platform called Konnect …
Riverbed introduces new SteelHead 90 network acceleration appliances
Riverbed Technology LLC today introduced a new line of hardware appliances designed to speed up enterprise networks. The SteelHead 90 series, as the product family is called, comprises four devices. They’re powered by an operating system called RiOS 10. It uses Intel …
Financial technology startup Stash reels in $146M
Stash Financial Inc., a startup with a popular subscription-based investing platform, today announced that it has raised $146 million in funding. Goodwater Capital led the Series H round. It was joined by Union Square Ventures, StepStone Group, Serengeti, the University of Illinois …
Perplexity reportedly near $500M funding round at $14B valuation
Search engine startup Perplexity AI Inc. is reportedly in late-stage talks to raise $500 million from investors at a $14 billion valuation. The Wall Street Journal and CNBC broke the news today, citing sources familiar with the matter. Accel is believed to …
Saudi Arabia launches multibillion-dollar AI venture
Saudi Arabia is launching a company to invest in artificial intelligence models and infrastructure, the Financial Times reported today. The venture is set to be known as Humain. It will be chaired by Crown Prince Mohammed bin Salman and owned by Public Investment …
Weeks after IPO, CoreWeave reportedly seeking $1.5B in debt financing
Following its lukewarm initial public offering in late March, CoreWeave Inc. is reportedly seeking to raise $1.5 billion in debt financing. Bloomberg today cited a source as saying that JPMorgan Chase & Co. is expected to lead the transaction. CoreWeave, which operates a …