Maria Deutscher
Latest from Maria Deutscher
IBM to make Intel’s Gaudi 3 AI chip available in its public cloud
IBM Corp. today announced plans to make Intel Corp.’s Gaudi 3 artificial intelligence processor available in its public cloud platform. Gaudi 3 is positioned as an alternative to Nvidia Corp.’s bestselling H100 graphics processing unit. The H100 was the chipmaker’s flagship AI accelerator before the March debut of its newest GPU, the Blackwell B200, which ...
OpenAI could reportedly raise billions of dollars at $100B+ valuation
OpenAI is negotiating a new funding round that could boost its valuation to more than $100 billion, multiple publications reported today. The Wall Street Journal cited sources as saying that the ChatGPT developer is seeking to raise several billion dollars. Thrive Capital is expected to lead the raise with a $1 billion contribution. Microsoft Corp., ...
Google updates Gemini with new image generation model, custom Gem chatbots
Google LLC is updating its Gemini artificial intelligence assistant with a set of new image generation and customization features. The company first previewed the enhancements at its Google I/O product event in May. They are set to become available in both the consumer and business versions of Gemini. Originally introduced last year as Bard, Gemini ...
Supermicro shares drop on short seller claim of ‘accounting red flags’
Shares of Super Micro Computer Inc., better known as Supermicro, dropped more than 20% today after a short seller claimed to have found issues in its finances. Hindenburg Research on Tuesday alleged that Supermicro’s earnings disclosures contain “glaring accounting red flags.” In a report, the investment firm claims to have found undisclosed related party transactions, ...
Researchers discover China-linked hacking campaign targeting US internet providers
Hackers are using a vulnerability in a network management tool to launch cyberattacks against U.S. internet providers. Black Lotus Labs, the cybersecurity research unit of telecommunications company Lumen Technologies Inc., revealed the hacking campaign today. The unit’s researchers believe that the campaign is likely run by Volt Typhoon, a state-backed hacking group linked to China. Black ...
Check Point Software acquires cybersecurity startup Cyberint
Check Point Software Technologies Ltd. today announced that it’s acquiring Cyberint Technologies Ltd., a venture-backed cybersecurity startup. Financial terms were not disclosed. Tel Aviv-based Cyberint previously raised about $68 million in funding from investors. Following its most recent raise in mid-2022, the company disclosed that its annual recurring revenue had more than doubled over the ...
Data management startup Cribl nabs $319M at $3.5B valuation
Cribl Inc., a startup with a suite of data management tools for enterprises, has closed an oversubscribed late-stage investment worth $319 million. The Series E deal, which was announced this morning, included $200 million in equity funding and a $119 million secondary sale. Alphabet Inc.’s GV startup investment arm was the lead investor. CapitalG, another ...
Planera raises $13.5M for its construction management platform
Startup Planera Inc. today announced that it has raised $13.5 million in early-stage funding to enhance its project management platform for construction companies. Sierra Ventures led the Series A round. It was joined by Sorenson Capital, Brick and Mortar Ventures, Prudence VC and Firebolt Ventures. Before embarking on a new construction project, contractors create a ...
Viggle AI raises $19M in funding for its AI video generator
Viggle AI, a startup with a popular video generation service of the same name, today announced that it has closed a $19 million early-stage investment. The Series A round was led by Andreessen Horowitz with participation from Two Small Fish. Toronto-based Viggle AI will invest the capital in product development and growth initiatives. Viggle AI, ...
IBM reportedly shuttering its R&D hub in China
IBM Corp. is winding down its research and development group in China, multiple publications reported today. A source told Bloomberg that the move is set to affect fewer than 1,000 employees. The Wall Street Journal put the number at more than 1,000. It’s believed the R&D group focused on developing servers, storage equipment and enterprise ...