Maria Deutscher
Latest from Maria Deutscher
Hugging Face Inc. has acquired XetHub, a startup that helps developers manage the files they create as part of artificial intelligence projects. The companies disclosed the deal today. Hugging Face describes the acquisition as its largest to date, which suggests a price …
Defense technology startup Anduril valued at $14B following $1.5B investment
Defense technology startup Anduril Industries Inc. today announced that it has raised $1.5 billion in funding to upgrade its manufacturing infrastructure. The investment was co-led by Founders Fund and Sands Capital. Fidelity Investments, Baillie Gifford and a number of other institutional investors …
UK antitrust regulator launches probe into Amazon’s Anthropic partnership
The U.K.’s antitrust regulator has launched a probe into Amazon.com Inc.’s partnership with large language model developer Anthropic PBC. The Competition and Markets Authority, or CMA, disclosed the move today. The development is not entirely unexpected. In April, the CMA asked interested …
Serverless database startup Neon nabs $25M in fresh funding
Neon Inc., a startup with a serverless distribution of the open-source Postgres database, today announced that it has raised $25 million in funding. Microsoft Corp.’s M12 venture capital arm led the investment. It was joined by existing Neon investors Abstract Ventures, General …
OpenAI reportedly leads $60M round for webcam startup Opal
OpenAI is expected to lead a $60 million funding round for Opal Camera Inc., a consumer electronics startup that develops high-end webcams. The Information reported the ChatGPT developer’s investment plans today. OpenAI is expected to be joined by several of Opal’s existing …
EQT to acquire majority stake in cybersecurity firm Acronis at $3.5B+ valuation
Swedish investment firm EQT is acquiring a majority stake in Acronis International GmbH, a major provider of cybersecurity and backup software. The companies announced the deal today. They didn’t disclose the size of the investment, but detailed that it values Acronis at …
OpenAI co-founder John Schulman joins rival LLM developer Anthropic
John Schulman, a member of OpenAI’s founding team who played a key role in its product development efforts, is leaving for rival Anthropic PBC. Schulman announced his resignation today in a post on X. His departure reduces the number of OpenAI co-founders …
Fortinet acquires Next DLP to extend its data security capabilities
Fortinet Inc. has acquired Next DLP Inc., a startup that helps enterprises ensure their workers interact with internal data in a secure manner. The companies announced the deal today without disclosing the financial terms. According to PitchBook, Next DLP raised more than …
Quantum error correction startup Riverlane closes $75M investment
Riverlane Ltd., a U.K. startup working to make quantum computers more reliable, today disclosed that it has closed a $75 million Series C funding round. Growth equity firm Planet First Partners led the investment. It was joined by a half-dozen other institutional …
Federal court rules against Google in landmark search monopoly case
A federal court today ruled that Google LLC has illegally maintained a monopoly in the search and search text advertising markets. The U.S. District Court for the District of Columbia issued the decision in connection with an antitrust lawsuit brought against the …