Maria Deutscher
Latest from Maria Deutscher
Kubernetes tooling provider Spectro Cloud Inc. has raised $75 million in fresh funding to enhance its technology. The startup disclosed in its funding announcement today that Goldman Sachs led the investment. A number of existing backers contributed as well. According to TechCrunch, …
BrightAI raises $15M for its AI-powered infrastructure optimization platform
BrightAI Inc., a startup helping companies more efficiently manage physical assets such as factory equipment, today announced that it has raised $15 million in seed funding. The company was launched in 2019 by Chief Executive Officer Alex Hawkinson, who previously co-founded smart …
Microsoft partners with Atom Computing to launch commercial quantum computer
Microsoft Corp. is partnering with startup Atom Computing Inc. to launch a quantum computer powered by neutral atom qubits. The tech giant detailed the collaboration today at its annual Ignite conference. The quantum machine is one of several new hardware systems that …
Zilliz debuts new release of its cloud-based vector database
Startup Zilliz Inc. today debuted a new release of its flagship offering, a managed vector database called Zilliz Cloud that artificial intelligence models can use to hold information. Redwood Shores, California-based Zilliz is backed by more than $110 million in funding. It …
Google is reportedly rebuilding ChromeOS on Android as Chrome browser faces antitrust scrutiny
Google LLC is pursuing a multiyear effort to develop a version of ChromeOS that has Android at foundation, Android Authority reported today. The initiative is believed to have two goals. One is to make ChromeOS tablets more competitive with the iPad, which …
Industrial AI startup Juna.ai raises $7.5M in seed funding
Juna.ai GmbH, a German startup using artificial intelligence to make factories more efficient, launched today with $7.5 million in seed funding. Kleiner Perkins led the investment. It was joined by Stockholm-based fund Norrsken VC, prominent venture capitalist John Doerr and other backers. …
US finalizes $11.6B CHIPS Act financing agreement with TSMC
The Biden administration has finalized an agreement that will give Taiwan Semiconductor Manufacturing Co. access to $11.6 billion in federal financing for fab construction. The White House and Commerce Department announced the milestone today. The deal’s approval comes about a week after …
18 state attorneys general sue SEC over digital asset regulation
A group of Republican state attorneys general has sued the Securities and Exchange Commission over the agency’s regulatory approach toward digital assets. The lawsuit was filed late Thursday with a federal court in Kentucky. The plaintiffs include 18 state attorneys general as …
Elon Musk’s xAI reportedly raising multibillion-dollar funding round to upgrade its supercomputer
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. The bulk of the capital, $5 billion, will …
Bitsight acquires threat intelligence provider Cybersixgill for $115M
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 about $400 million in venture funding. It raised …