Maria Deutscher
Latest from Maria Deutscher
Microsoft partners with Atom Computing to launch commercial quantum computer
Microsoft Corp. is partnering with startup Atom Computing Inc. to launch a quantum computer powered by neutral atom qubits. The tech giant detailed the collaboration today at its annual Ignite conference. The quantum machine is one of several new hardware systems that Microsoft introduced during the event. It also debuted two new data center chips ...
Zilliz debuts new release of its cloud-based vector database
Startup Zilliz Inc. today debuted a new release of its flagship offering, a managed vector database called Zilliz Cloud that artificial intelligence models can use to hold information. Redwood Shores, California-based Zilliz is backed by more than $110 million in funding. It offers an open-source vector database called Milvus. Zilliz Cloud, the offering the company ...
Google is reportedly rebuilding ChromeOS on Android as Chrome browser faces antitrust scrutiny
Google LLC is pursuing a multiyear effort to develop a version of ChromeOS that has Android at foundation, Android Authority reported today. The initiative is believed to have two goals. One is to make ChromeOS tablets more competitive with the iPad, which has a significant market share lead. The other is to streamline Google’s engineering ...
Industrial AI startup Juna.ai raises $7.5M in seed funding
Juna.ai GmbH, a German startup using artificial intelligence to make factories more efficient, launched today with $7.5 million in seed funding. Kleiner Perkins led the investment. It was joined by Stockholm-based fund Norrsken VC, prominent venture capitalist John Doerr and other backers. Juna.ai is led by Chief Executive Matthias Auf der Mauer, whose previous industrial ...
US finalizes $11.6B CHIPS Act financing agreement with TSMC
The Biden administration has finalized an agreement that will give Taiwan Semiconductor Manufacturing Co. access to $11.6 billion in federal financing for fab construction. The White House and Commerce Department announced the milestone today. The deal’s approval comes about a week after word emerged that TSMC had finished negotiating the terms of the financing. Under ...
18 state attorneys general sue SEC over digital asset regulation
A group of Republican state attorneys general has sued the Securities and Exchange Commission over the agency’s regulatory approach toward digital assets. The lawsuit was filed late Thursday with a federal court in Kentucky. The plaintiffs include 18 state attorneys general as well the DeFi Education Fund, a digital asset advocacy organization. The complaint names ...
Elon Musk’s xAI reportedly raising multibillion-dollar funding round to upgrade its supercomputer
Elon Musk’s xAI Corp. is reportedly raising a multibillion-dollar funding round that will significantly increase its valuation. According to CNBC, the investment is worth up to $6 billion and should close early next week. The bulk of the capital, $5 billion, will reportedly be provided by sovereign funds in the Middle East while the rest ...
Bitsight acquires threat intelligence provider Cybersixgill for $115M
Bitsight Technologies Inc. has inked a $115 million deal to buy Cybersixgill Inc., a fellow cybersecurity startup that collects information about hacker activities. The companies announced the acquisition today. Boston-based Bitsight is backed by about $400 million in venture funding. It raised the bulk of that sum, $250 million, from credit ratings agency Moody’s Corp. ...
EU issues €797M antitrust fine to Meta over Facebook Marketplace
The European Union today issued a fine of €797.72 million, or about $840 million, to Meta Platforms Inc. over the way it operates its Facebook Marketplace e-commerce service. Officials have also ordered the company to change some of its business practices. Launched in 2016, Facebook Marketplace enables users of Meta’s flagship social network to buy ...
AI-powered developer tooling startup Tessl raises $125M
Tessl AI Ltd., a startup using artificial intelligence to streamline software development and maintenance, today announced that it has raised $125 million in funding. The bulk of the capital, $100 million, arrived in the form of a recent Series A round led by Index Ventures. Accel chipped in as well. Tessl earlier raised a $25 ...