Maria Deutscher
Latest from Maria Deutscher
Microsoft Corp. is enhancing its Security Copilot service with a set of artificial intelligence agents that will automate repetitive tasks for users. The company detailed the agents today alongside upgrades to other parts of its cybersecurity portfolio. Launched last April, Security Copilot …
Once valued at $3.5B, 23andMe files for Chapter 11 bankruptcy
Four years after going public at a $3.5 billion valuation, 23andMe Holding Co. today filed for bankruptcy. The company, which sells saliva-based genetic testing kits for consumers, will continue operating during the Chapter 11 proceedings. It plans to take out a $35 …
Lyft to launch autonomous taxi service in Atlanta and Dallas
Lyft Inc. today announced plans to make autonomous taxis available to users of its ride-hailing app in Atlanta. According to NBC News, the vehicles will start taking passengers in the summer. Lyft plans to follow up the launch by extending its autonomous …
Coinbase could reportedly acquire crypto derivatives market Deribit for $5B
Coinbase Global Inc. is in talks to buy cryptocurrency derivatives startup Deribit, Bloomberg reported today. It’s believed the deal could mark one of the crypto industry’s largest-ever acquisitions if it goes through. Rumors that Deribit may be sold first emerged in January. …
FCC opens probe into nine Chinese tech firms over US presence
The U.S. Federal Communications Commission today opened a probe into more than a half-dozen Chinese electronics suppliers and internet providers. The companies in question were previously ordered either to scale back or to shut down their U.S. operations. According to the FCC, the …
Carbon Arc reels in $56M for its AI data platform
Carbon Arc Inc., a startup that provides data for artificial intelligence models, has raised $56 million in funding to finance growth initiatives. The company announced the investment today. Liberty City Ventures led the round with participation from K5 Global, Raptor Group and …
Cloud infrastructure startup Evroc raises €50.6M to build new data centers
Evroc AB, a Swedish cloud infrastructure startup, today announced that it has raised €50.6 million to grow its data center network. The Series B round was led by blisce/, a venture capital firm with offices in the U.S. and Paris. Giant Ventures, …
AI cloud operator CoreWeave files for $2.7B IPO
CoreWeave Inc., the operator of a cloud platform optimized for artificial intelligence workloads, today filed to go public. The company plans to sell 49 million shares for between $47 and $55 apiece. On the high end of the range, the initial public …
Dataminr raises $85M in funding for its AI platform
Dataminr Inc., a startup that helps organizations quickly detect risks such as cyberattacks, has raised $85 million in debt funding to enhance its technology. The company announced the deal today. Some of the debt financing, which came from NightDragon and HSBC, was …
Nvidia, xAI join $30B AI investment consortium backed by Microsoft
Nvidia Corp. and xAI Corp. have joined a consortium that plans to invest $30 billion in artificial intelligence infrastructure. The companies announced their decision to participate today. In conjunction, the consortium has renamed itself from Global AI Infrastructure Investment Partnership to AI …