Maria Deutscher, Author at SiliconANGLE

AI

Elon Musk’s xAI reportedly raising multibillion-dollar funding round to upgrade its supercomputer

By Maria Deutscher Nov 15, 2024

Elon Musk’s xAI Corp. is reportedly raising a multibillion-dollar funding round that will significantly increase its valuation. According to CNBC, the investment is worth up to $6 billion and should close early next week.…

Security

Bitsight acquires threat intelligence provider Cybersixgill for $115M

By Maria Deutscher Nov 14, 2024

Bitsight Technologies Inc. has inked a $115 million deal to buy Cybersixgill Inc., a fellow cybersecurity startup that collects information about hacker activities. The companies announced the acquisition today. Boston-based Bitsight is backed by…

Policy

EU issues €797M antitrust fine to Meta over Facebook Marketplace

By Maria Deutscher Nov 14, 2024

The European Union today issued a fine of €797.72 million, or about $840 million, to Meta Platforms Inc. over the way it operates its Facebook Marketplace e-commerce service. Officials have also ordered the company…

AI

AI-powered developer tooling startup Tessl raises $125M

By Maria Deutscher Nov 14, 2024

Tessl AI Ltd., a startup using artificial intelligence to streamline software development and maintenance, today announced that it has raised $125 million in funding. The bulk of the capital, $100 million, arrived in the…

AI

AI cloud operator CoreWeave closes $650M secondary sale

By Maria Deutscher Nov 13, 2024

CoreWeave Inc., the operator of a cloud platform optimized for artificial intelligence workloads, today announced that it has closed a $650 million secondary sale. A standard funding round gives a startup access to capital…

AI

Juniper invests in AI chip startup Recogni, details technical collaboration

By Maria Deutscher Nov 13, 2024

Juniper Networks Inc. on Tuesday disclosed that it has invested in Recogni Inc., a startup with an artificial intelligence chip touted as significantly more efficient than the competition. The companies didn’t divulge the size…

AI

Report: OpenAI drafts policy paper with suggestions for US AI strategy

By Maria Deutscher Nov 13, 2024

OpenAI has drafted a policy paper with suggestions on how to foster the U.S. artificial intelligence sector, CNBC reported today. Chris Lehane, the company’s vice president of global affairs, is expected to present the…

Emerging Tech

Industrial automation startup Vecna Robotics raises $14.5M, appoints new CEO

By Maria Deutscher Nov 13, 2024

Vecna Robotics Inc., a supplier of automation equipment for factories and warehouses, has secured $14.5 million in funding from existing investors. The startup disclosed the raise today in conjunction with the appointment of Karl…

Cloud

LocalStack nabs $25M investment for its public cloud emulator

By Maria Deutscher Nov 12, 2024

Swiss developer tooling provider LocalStack GmbH today announced that it has closed a $25 million early-stage funding round. Notable Capital led the Series A investment. It was joined by CRV and Heavybit, which previously…

Big Data

Data mapping provider Lume raises $4.2M in funding

By Maria Deutscher Nov 12, 2024

Lume AI Inc., a startup that helps companies move data between their applications, has raised $4.2 million in seed funding to enhance its technology. General Catalyst led the round. Lume said its funding announcement…

Maria Deutscher

Elon Musk’s xAI reportedly raising multibillion-dollar funding round to upgrade its supercomputer

Bitsight acquires threat intelligence provider Cybersixgill for $115M

AI-powered developer tooling startup Tessl raises $125M

AI cloud operator CoreWeave closes $650M secondary sale

Juniper invests in AI chip startup Recogni, details technical collaboration

Report: OpenAI drafts policy paper with suggestions for US AI strategy

Industrial automation startup Vecna Robotics raises $14.5M, appoints new CEO

LocalStack nabs $25M investment for its public cloud emulator

Data mapping provider Lume raises $4.2M in funding

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