Maria Deutscher
Latest from Maria Deutscher
Google LLC will enable brands to display ads in AI Overviews, the natural language explainers that its search engine generates in response to some queries. The change is part of a broader product update that the Alphabet Inc. company detailed this morning. …
Snowflake, Databricks back $20M round for AI data management startup Voyage AI
Voyage AI Inc., a startup with software for organizing the data processed by artificial intelligence models, today announced that it has raised $20 million in funding. CRV led the Series A investment. It was joined by Snowflake Inc., Databricks Inc., Wing VC, …
OpenAI closes record $6.6B funding round at $157B valuation, plus $4B line of credit
Updated: Confirming recent reports, OpenAI today announced that it has raised $6.6 billion from investors to support its artificial intelligence research. The raise, the largest venture capital funding round on record, values the ChatGPT developer at $157 billion. That’s nearly double what …
AWS, Nvidia and others back new AI-enabled cancer research initiative
Five major tech companies have committed more than $40 million to CAIA, a new research initiative dedicated to improving cancer care. CAIA launched today during a Seattle event hosted by Madrona Venture Group. CAIA stands for Cancer AI Alliance, a nod to …
Crescendo raises $50M for its AI-powered customer service platform
Customer service startup Crescendo today announced that it has closed a $50 million funding round at a $500 million valuation. General Catalyst led the Series C investment. It was joined by Celesta Capital, Alorica and several angel investors. Crescendo, officially CrescendoAI Inc., …
Numa raises $32M to develop AI tools for car dealerships
Numa, a provider of artificial intelligence software for car dealerships, today announced that it has closed a $32 million Series B investment. The funding round was jointly led by Touring Capital and Mitsui Group, a Tokyo-based conglomerate. The latter company generates part …
OpenAI introduces new multimodal processing, AI fine-tuning tools at DevDay
OpenAI introduced a set of new developer tools today at its DevDay product event in San Francisco. The additions are headlined by Realtime API, a cloud service that enables software teams to equip their applications with multimodal processing capabilities. The service powers …
Microsoft enhances Copilot and Bing with new generative AI features
Microsoft Corp. today introduced a set of new artificial intelligence features for its Copilot chatbot and Bing search engine. Most of the capabilities are rolling out to Copilot. The Bing enhancements, in turn, will enable the service to deliver more detailed answers …
Nvidia rival Cerebras Systems files to go public
Cerebras Systems Inc., a startup that sells a wafer-sized chip for artificial intelligence applications, today filed to go public. The move is not unexpected. Cerebras submitted a confidential draft version of the filing to the Securities and Exchange Commission in July. Last week, …
SoftBank expected to invest $500M in OpenAI as Apple exits funding round
SoftBank Group Corp. plans to invest $500 million in OpenAI as part of a forthcoming funding round, The Information reported today. A source told the publication that the cash infusion will give the ChatGPT developer a pre-money valuation of $150 million. That’s …