Maria Deutscher
Latest from Maria Deutscher
Shares of Check Point Software Technologies Ltd. closed 8.2% lower today after it posted mixed second quarter earnings. The cybersecurity provider generated $260 million in adjusted operating income during the three months ended June 30. That translated into adjusted earnings of $2.55 per …
Cloud observability startup Groundcover raises $100M in funding
Groundcover Inc., a startup with a platform for monitoring cloud environments, today announced that it has raised $100 million in funding. One Peak led the Series C round. It was joined by Morgan Stanley, Zeev Ventures, Angular Ventures, Heavybit and Jibe. CTech …
OpenAI opens new ChatGPT for Academic Researchers program to 100,000 scientists
OpenAI Group PBC today launched a program that will give 100,000 researchers free access to ChatGPT’s advanced features. ChatGPT for Academic Researchers is part of a $250 million OpenAI initiative designed to support scientific projects. The initiative also includes several other programs. …
GlobalFoundries to receive $300M in federal funding for silicon photonics research
The U.S. government will provide GlobalFoundries with $300 million in funding to support its silicon photonics research. The U.S. Commerce Department committed to providing the capital in a letter of intent that was announced today. As part of the transaction, the government …
Meta to build $14B El Paso data center campus with BlackRock
Meta Platforms Inc. today announced plans to build an artificial intelligence data center campus in El Paso, Texas. The project is a collaboration with BlackRock Inc., the world’s largest asset manager. The two companies plan to invest $14 billion in the campus. …
AI researchers call for new tools that can slow automated model development
A group of tech workers today published an open letter that calls for a new approach to regulating automated artificial intelligence development initiatives. All the document’s 1,134 signatories work at companies that are building frontier AI models. Anthropic PBC, OpenAI Group PBC, …
Biggest ever MCP update brings metadata, cybersecurity enhancements
The developers of the Model Context Protocol, an open-source technology that underpins many artificial intelligence applications, today released a new version of the software. The release is described as the biggest update to the project since its launch. The Model Context Protocol, …
Chinese memory maker CXMT jumps 460%+ in first day of trading
Shares of ChangXin Memory Technologies Inc. closed 466% higher in their trading debut on the Shanghai Stock Exchange today. The stock jump follows an initial public offering in which CXMT, China’s largest memory maker, sold about 6.8 billion shares for 8.66 yuan …
Enigma raises $71M to develop foundation models for robots
Engima Ltd., a provider of artificial intelligence software for robots, launched today with $71 million in funding. Index Ventures and Ribbit Capital jointly led the seed round with participation from Conviction Partners. They were joined by a group of angel investors that …
Nvidia could reportedly backstop $250B loan for new OpenAI data center campus
Nvidia Corp. is reportedly in talks to backstop a $250 billion loan for OpenAI Group PBC. The Wall Street Journal on Sunday cited sources as saying that the financing would cover the cost of a new data center campus in Ohio. According …