Maria Deutscher
Latest from Maria Deutscher
Huntress raises $150M at $1.5B+ valuation for its managed cybersecurity platform
Huntress Labs Inc., a fast-growing managed cybersecurity provider, today disclosed that it has raised $150 million at a valuation exceeding $1.5 billion. Kleiner Perkins, Meritech Capital and Sapphire Ventures led the round. CRN reported that the raise, a Series D investment, is likely the last for Huntress before going public. The company is reportedly on ...
Justice Department sues Adobe over its subscription cancellation policies
The U.S. Department of Justice today sued Adobe Inc. for allegedly making it unnecessarily difficult to unsubscribe from its software products. In addition to the company, the complaint names executives David Wadhwani and Maninder Sawhney as defendants. Wadhwani is the president of Adobe’s digital media business, which includes its creative applications. Sawhney is the president of digital ...
Tinybird reels in $30M for its real-time data platform
Tinybird Inc., a startup with a platform for powering real-time analytics projects, today announced that it has raised $30 million in funding. Balderton Capital led the Series B investment with participation from returning backers CRV, Singular and Crane. A source told TechCrunch that Tinybird is now worth $240 million. Many applications require the ability to ...
Runway debuts new Gen-3 Alpha model for generating videos
Startup Runway AI Inc. today debuted a new artificial intelligence model, Gen-3 Alpha, that can generate 10-second videos based on text prompts. New York-based Runway is backed by more than $190 million in funding from Google LLC, Nvidia Corp. and other investors. Gen-3 Alpha is the third addition to a series of video generation algorithms ...
Adobe integrates more generative AI features into Acrobat
Adobe Inc. today introduced new artificial intelligence features for Acrobat, its PDF editing application, that will enable users to generate images and analyze large document collections. The update is rolling about two months after the company equipped Acrobat with an embedded AI assistant. The chatbot can answer user questions about a document and generate summaries. ...
Healthcare technology provider Tempus AI raises $410M in IPO
Tempus AI Inc., a provider of medical testing services and clinical software, closed its first day of trading with its stock price up 8.7%. The company floated its shares on the Nasdaq this morning following an initial public offering that raised $410 million. Tempus AI sold 11 million shares for $37 apiece, a price that represented ...
Enveda raises $55M to accelerate drug discovery with AI
Enveda Biosciences Inc., a startup using artificial intelligence to develop new medicines, today announced that it has raised $55 million in funding to support its research. Microsoft Corp. was among the more than half dozen investors that participated in the round. According to TechCrunch, the technology giant will provide Enveda with not only capital but ...
Microsoft delays release of Windows 11’s Recall feature
Microsoft Corp. has pushed back the release date of Recall, an upcoming Windows 11 feature that will enable users to more quickly find files and applications they accessed in the past. The company announced the decision in a late Thursday update on the official Windows blog. The move comes after Recall drew criticism from some ...
Samsung details upcoming two-nanometer chip manufacturing process
Samsung Electronics Co. Ltd. has previewed an upcoming chip manufacturing node, SF2, that will allow it to produce processors based on two-nanometer technology. Executives detailed the node on Wednesday afternoon at an event hosted by the company’s semiconductor business. Alongside SF2, Samsung revealed several other upcoming chip manufacturing processes that it plans to bring online ...
Researchers develop new LiveBench benchmark for measuring AI models’ response accuracy
A group of researchers has developed a new benchmark, dubbed LiveBench, to ease the task of evaluating large language models’ question-answering capabilities. The researchers released the benchmark on Wednesday under an open-source license. The project was sponsored by Abacus.AI Inc., a venture-backed artificial intelligence startup, and included the participation of Turing Award-winning computer scientist Yann ...