Maria Deutscher
Latest from Maria Deutscher
AI cloud provider Lambda reportedly raising $350M round
Lambda Inc., a startup with a cloud platform designed to run artificial intelligence workloads, is reportedly seeking to raise $350 million in funding. Sources told The Information late Thursday that Mubadala Capital is in talks to lead the round. The report comes less than two months after Lambda announced its last raise, a $1.5 billion Series ...
Stablecoin payment card startup Rain reels in $250M
Financial technology startup Rain today announced that it has raised $250 million in funding from a consortium led by ICONIQ. The round, the company’s third in a year, values it at $1.95 billion. Rain says that the cash infusion follows 12 months in which its annualized payment volume jumped by a factor of 30. The ...
ThreatModeler acquires competing threat modeling startup IriusRisk
ThreatModeler Software Inc., a provider of cybersecurity posture analysis software, today disclosed that it has acquired a Spain-based rival called IriusRisk SL. The terms of the deal were not disclosed. When developers determine that an application may contain cybersecurity risks, they create what’s known as a threat model. That’s a diagram of the application’s components ...
CrowdStrike acquires just-in-time access startup SGNL for $740M
CrowdStrike Holdings Inc. today announced plans to acquire startup SGNL Inc., which helps companies block unauthorized access to their systems. The transaction is worth $740 million. CrowdStrike, which intends to finance the deal with a combination of cash and stock, expects to close it by the end of April. In many cases, employees with access ...
Snowflake acquires Observe to enhance its observability capabilities
Snowflake Inc. today announced that it’s buying Observe AI Inc., a well-funded startup with an eponymous observability platform. The terms of the deal were not disclosed. When rumors of the acquisition first emerged last month, The Information cited sources as saying that it values Observe at about $1 billion. That’s about two-and-a-half times the amount ...
Motive debuts AI Dashcam Plus to help logistics fleet operators avoid collisions
Motive Technologies Inc. today debuted a new device, the Motive AI Dashcam Plus, that promises to help truck operators reduce the risk of collisions. San Francisco-based Motive develops sensors and software for logistics fleets. The company’s sensors can be installed in a truck to track its location, fuel levels and other data. The devices send ...
OpenAI introduces ChatGPT Health to answer users’ medical questions
OpenAI Group PBC today previewed ChatGPT Health, an upcoming feature that will help users of its chatbot service find medical information. The feature takes the form of a new section in the ChatGPT interface. According to OpenAI, the chatbot will detect when users enter medical questions into the main chat box and suggest that they ...
Anthropic reportedly seeking to raise $10B at $350B valuation
Less than two months after its last funding round, Anthropic PBC is reportedly in talks with investors to raise an additional $10 billion. Sources told the Wall Street Journal today that Coatue Management and GIC are set to lead the round. It will reportedly give Anthropic a pre-money valuation of $350 billion, nearly double what ...
Articul8 reels in $35M+ for its AI application platform
Articul8 AI Inc., a startup that helps companies build artificial intelligence applications, has closed the first tranche of a $70 million funding round. TechCrunch reported today that the investment was worth over $35 million. Adara Ventures led the deal with participation from chipmaker NXC Corp., Aditya Birla Ventures and others. Articul8 is now valued at ...
AI evaluation startup LMArena raises $150M at $1.7B valuation
LMArena, a startup that helps artificial intelligence developers benchmark their models’ output quality, has raised $150 million in early-stage funding. The company announced the Series A investment today. The round was led by Felicis and UC Investments, the University of California system’s asset management arm. LMArena was founded in 2023 by two UC Berkeley researchers. ...