Maria Deutscher
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Amazon to invest in three nuclear energy projects
Amazon.com Inc. today announced plans to invest in three nuclear energy projects that will use a new type of miniature reactor to generate power. The deals come on the heels of similar investments from the company’s top rivals in the cloud computing market. Over the past few weeks, Microsoft Corp. and Google LLC both announced ...
LatticeFlow releases framework for checking LLMs’ compliance with the EU AI Act
Startup LatticeFlow AG today released COMPL-AI, a framework that can help companies check whether their large language models comply with the EU AI Act. Zurich-based LatticeFlow is backed by more than $14 million in venture funding. It provides a platform for finding technical issues in artificial intelligence training datasets. Additionally, the company helps organizations ensure that ...
Amazon refreshes its Kindle e-reader lineup with four new devices
Amazon.com Inc. today introduced the Kindle Colorsoft Signature Edition, its first e-reader with a color screen. The device debuted at a New York product event alongside upgrades to three existing Kindle devices. Amazon unveiled a new version of the Kindle Scribe, an e-reader optimized for taking notes, that adds a set of features powered by ...
Crusoe’s $3.4B joint venture to build AI data center campus with up to 100,000 GPUs
Crusoe Energy Systems LLC, Blue Owl Capital Inc. and Primary Digital Infrastructure are launching a $3.4 billion joint venture to build a data center campus in Texas. The companies announced the project today. Crusoe is a Denver-based data center builder that was founded in 2018 with an initial focus on cryptocurrency mining. It later launched ...
Intel and AMD team up to improve the x86 processor architecture
Intel Corp. and Advanced Micro Devices Inc. today launched an industry group dedicated to improving the x86 instruction set architecture. Besides the two chipmakers, the consortium, announced at the Open Compute Project Global Summit in San Jose, also has a dozen other high-profile members. They include cloud providers, server makers and the creator of Linux. ...
ASML shares plunge on lowered 2025 revenue forecast
Shares of ASML Holding NV dropped more than 15% today after the company accidentally released its third-quarter financial results one day earlier than expected with a warning for the future. The Dutch fab equipment supplier generated a €2.1 billion profit on €7.5 billion in revenue, slightly better than the numbers that analysts had expected. However, ...
Lidar chip startup Lidwave closes $10M investment
Lidwave Ltd., a startup developing lidar chips for systems such as autoumous vehicles, today announced that it has raised $10 million in seed funding. Jumpspeed Ventures and Next Gear led the investment. Israel-based Lidwave said that the round also included the participation of more than a half dozen other backers including an unnamed Swedish truck ...
Omnea raises $25M to streamline procurement with AI
Procurement software startup Omnea Ltd. today disclosed that it has raised $25 million in funding over two rounds. The most recent of the two investments, a $20 million Series A raise, was led by Accel. It also included contributions from First Round Capital and Point Nine, which earlier backed a $5 million seed round for ...
Adobe introduces new generative AI features for its creative applications
Adobe Inc. introduced a raft of new artificial intelligence features for creative professionals at its Adobe Max product today. Some of the capabilities are rolling out to the company’s video editing applications. The others will mostly become available in Adobe’s suite of image editing tools, including Photoshop. AI-supported video editing Adobe is upgrading its Premiere ...
Fintech startup Monzo valued at $5.9B in secondary sale
Digital banking provider Monzo Bank Ltd. today disclosed that it has completed a secondary sale at a $5.9 billion valuation. A secondary sale is a transaction that allows a startup’s employees and early investors to sell some of their shares. According to Monzo, Singapore’s CIG sovereign wealth fund and StepStone Group bought shares in the deal. ...