Maria Deutscher
Latest from Maria Deutscher
US government reportedly could take 10% stake in Intel
The U.S. government may take a 10% stake in Intel Corp., multiple publications reported today. Word of the potential investment first emerged late last week. At the time, it wasn’t clear how big a stake the Trump administration may seek or under what terms. It was reported that Intel might use some of the proceeds ...
IVIX raises $60M in funding for its financial crime detection platform
IVIX Tech Inc., a startup that helps government agencies detect money laundering and other financial crimes, has raised $60 million in funding. O.G. Venture Partners led the Series B investment. IVIX detailed in its announcement of the round today that Insight Partners, Citi Ventures, Team8, Disruptive AI, Cardumen Capital and Cerca participated as well. The ...
Report: AI cloud operator Lambda could raise funding at $4B+ valuation
Lambda Labs Inc. is believed to be holding talks about a new funding round that could value it between $4 billion and $5 billion. Bloomberg reported the discussions on Thursday. It’s unclear who might participate in the round or when it’s expected to close. However, the paper’s sources did specify that Lambda is seeking to ...
AI chip startup Rivos reportedly seeking up to $500M in funding
Chip developer Rivos Inc. is reportedly in talks to raise between $400 million and $500 million from investors. The Information on Thursday cited sources as saying that the round could value the startup at more than $2 billion. The report comes 18 months after Rivos’ last raise, which saw it receive more than $250 million ...
Intel shares jump on report that US government could buy stake
The U.S. government is holding talks with Intel Corp. about buying a stake in the chipmaker, Bloomberg reported today. Shares of the company jumped more than 7% on the news. Last Thursday, U.S. President Donald Trump called on Intel Chief Executive Officer Lip-Bu Tan to resign over his investments in Chinese chip companies. On Monday, ...
Startup led by Parag Agrawal launches research platform for AI applications
Startup Parallel Web Systems Inc. today launched a cloud platform that artificial intelligence applications can use to conduct online research. The two-year-old company is led by former Twitter Inc. Chief Executive Parag Agrawal. Parallel is backed by Khosla Ventures, First Round Capital, Index Ventures and several other investors. The Information reported last January that the ...
Nvidia backs $500M funding round for Cohere at $6.8B valuation
Confirming recent reports, large language model developer Cohere Inc. today announced that it has raised $500 million in funding. Radical Ventures and Inovia Capital jointly led the Series D investment. They were joined by Nvidia Corp., AMD Ventures, Salesforce Ventures and several other institutional backers. The deal values Cohere at $6.8 billion, up from $5 ...
NeoLogic raises $10M to develop power-efficient server processors
NeoLogic Ltd., a startup that hopes to make processors more efficient by reducing their transistor counts, has raised $10 million in funding. The company announced the Series A round today. It detailed that KOMPAS VC led the investment with participation from M Ventures, Maniv Mobility and lool Ventures. A processor consists of numerous transistor collections ...
OpenAI restores GPT-4o access in ChatGPT after user complaints
OpenAI has brought GPT-4o back to ChatGPT after users complained about the large language model’s removal. OpenAI Chief Executive Officer Sam Altman announced the move in a Tuesday post on X. He also detailed several other changes to ChatGPT, including an increased rate limit on the newest reasoning model included in the service. Last Thursday, ...
Shares of crypto exchange Bullish jump 105%+ in trading debut
Shares of cryptocurrency company Bullish US LLC jumped more than 105% in their trading debut on the New York Stock Exchange today. A few hours earlier, Bullish raised $1.1 billion in an oversubscribed initial public offering. The company had originally planned to sell 20.3 million shares for up to $31 apiece. IPO participants instead bought ...