Maria Deutscher
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AI chip startup Blaize nabs $106M in fresh funding
Startup Blaize Inc., which supplies artificial intelligence chips for edge devices and data centers, today disclosed that it has raised $106 million in fresh funding. The capital was provided by a consortium that included Mercedes Benz, Franklin Templeton and a half-dozen other backers. The round comes less than six months after Blaize announced plans to ...
OpenAI signs content licensing agreement with the Financial Times
OpenAI today announced that it’s partnering with the Financial Times to make articles from the storied newspaper accessible to its large language models. As part of the collaboration, the companies will make certain Financial Times content available to users of ChatGPT. OpenAI said the deal covers “select attributed summaries, quotes and links to FT journalism.” It ...
CEOs of Microsoft, Nvidia and other tech giants join federal AI advisory board
A group of prominent tech executives will join the Artificial Intelligence Safety and Security Board, a panel tasked with advising the federal government on the use of AI in critical infrastructure. The Wall Street Journal reported the development today. According to the paper, the panel comprises not only representatives of the tech industry but also ...
Cybersecurity provider Darktrace to be acquired by Thoma Bravo for $5.3B
Darktrace plc, a major provider of cybersecurity software for enterprises, today announced that it has agreed to be acquired by Thoma Bravo in a $5.3 billion transaction. The all-cash deal values Darktrace at $7.75 per share, a 20% premium over its last unaffected stock price. Thoma Bravo says KKR and other shareholders with a combined ...
FCC reinstates net neutrality rules for internet providers
The U.S. Federal Communications Commission today implemented rules that will require internet providers to uphold net neutrality. The rules, which were approved in a 3-2 vote by the FCC’s commissioners, originally rolled out nearly a decade ago. They were rescinded in 2017 under the Trump administration. The FCC launched a push to revive the regulation late last ...
Dropzone AI nabs $16.85M for its automated breach investigation platform
Dropzone AI Inc., a startup that helps cybersecurity teams more quickly investigate and remediate breaches, has raised $16.85 million in fresh funding. The company detailed its announcement of the Series A round today that Theory Ventures was the led investor. Returning backers Decibel Partners, Pioneer Square Ventures and In-Q-Tel chipped in as well. The raise ...
TSMC debuts 1.6-nanometer process with new power distribution technology
Taiwan Semiconductor Manufacturing Co. Ltd. has previewed a new chipmaking process that will facilitate the production of faster, more efficient data center processors. TSMC’s 1.6-nanometer process, as the technology is known, made its debut today at a company event in Santa Clara, California. Executives also detailed a second upcoming chipmaking technology dubbed NanoFlex. It will ...
Apple researchers open-source OpenELM language model series
Apple Inc. researchers today open-sourced a series of small language models, OpenELM, that can outperform similarly sized neural networks. OpenELM’s debut comes a day after Microsoft Corp. introduced a small language model lineup of its own. The first neural network in the series, Phi-3 Mini, features 3.8 billion parameters. Microsoft says that the AI can generate ...
Nvidia acquires GPU cluster optimization startup Run:ai for reported $700M
Nvidia Corp. today disclosed that it has acquired Run:ai, a startup with software for optimizing the performance of graphics card clusters. The terms of the deal were not disclosed. TechCrunch, citing two people familiar with the matter, reported that the transaction values Run:ai at $700 million. That’s nearly six times the amount of funding the ...
Biden signs law requiring ByteDance to sell TikTok or face US ban
President Joe Biden today signed legislation that will ban TikTok in the U.S. unless parent company ByteDance Ltd. sells the app within one year. The Senate approved the bill a few hours earlier in a 79-18 vote. The legislation previously received the green light from the House of Representative on Sunday, a few weeks after ...