Maria Deutscher
Latest from Maria Deutscher
Data security startup Cyberhaven Inc. today announced that it has closed a $100 million funding round to support its growth efforts. The Series D investment was led by StepStone Group with participation from Schroders and Industry Ventures. The raise values Cyberhaven at …
Qualcomm weighing acquisition of publicly traded chip designer Alphawave
Qualcomm Technologies Inc. may seek to buy Alphawave IP Group PLC, a U.K.-based designer of connectivity chips. The potential deal was disclosed on Tuesday. In a filing with the London Stock Exchange, Qualcomm stated that it’s weighing an acquisition but “there can …
Cerebras wins DARPA contract to build AI system with co-packaged optics
Cerebras Systems Inc., the creator of a wafer-scale chip with nearly 1 million cores, has won a hardware development contract from the U.S. Defense Advanced Research Projects Agency. Reuters reported that the agreement is worth $45 million. As part of the project, …
Qualcomm acquires MovianAI to bolster its AI capabilities
Qualcomm Technologies Inc. today announced that it has acquired MovianAI, a Vietnamese artificial intelligence developer. MovianAI is the generative AI arm of VinAI Application and Research JSC, a machine learning research lab. VinAI is a unit of Vingroup, one of Vietnam’s largest …
Runway launches new Gen-4 AI video generator
Runway AI Inc. today introduced Gen-4, a new artificial intelligence model that can generate videos based on natural language prompts. New York-based Runway is backed by more than $230 million in funding from Nvidia Corp., Google LLC and other investors. The company …
Temporal raises $146M for its application reliability platform
Temporal Technologies Inc., a startup that helps developers protect their applications from outages, has raised $146 million in funding at a $1.72 billion valuation. The Series C investment was announced today. Tiger Global led the round with participation from Index Ventures, Sequoia …
Alphabet spinout Isomorphic Labs raises $600M for its AI drug design engine
Isomorphic Labs Inc., a healthcare startup that spun out of Alphabet Inc. in 2021, today announced that it has closed a $600 million funding round. OpenAI backer Thrive Capital led the investment. It was joined by Alphabet and GV, the search giant’s …
Elon Musk’s xAI acquires X at $33B valuation
Elon Musk today announced that xAI Corp. has acquired X Corp. in an all-stock transaction. The deal values X at $33 billion excluding debt, Musk (pictured) stated in a post on the social network. He added that xAI is now worth $80 …
Google pays $100M to settle class-action lawsuit over advertising practices
Google LLC has agreed to pay $100 million to settle a class-action lawsuit that was filed in 2011 by customers of its AdWords advertising service. Reuters reported the development today, citing documents submitted to a federal court in San Jose, California, late …
DOGE reportedly planning to rewrite Social Security Administration’s software
The U.S. Department of Government Efficiency, or DOGE, reportedly plans to rewrite the software that the U.S. Social Security Administration uses to make payments. Wired today cited sources as saying the initiative will focus on switching code written in COBOL to a …