Maria Deutscher
Latest from Maria Deutscher
Magic AI Inc. and Codeium, two startups using artificial intelligence to make developers more productive, have both closed nine-figure funding rounds to support their growth efforts. Magic disclosed today that it recently raised $320 million from a group of prominent investors. Codeium, …
IBM to make Intel’s Gaudi 3 AI chip available in its public cloud
IBM Corp. today announced plans to make Intel Corp.’s Gaudi 3 artificial intelligence processor available in its public cloud platform. Gaudi 3 is positioned as an alternative to Nvidia Corp.’s bestselling H100 graphics processing unit. The H100 was the chipmaker’s flagship AI …
OpenAI could reportedly raise billions of dollars at $100B+ valuation
OpenAI is negotiating a new funding round that could boost its valuation to more than $100 billion, multiple publications reported today. The Wall Street Journal cited sources as saying that the ChatGPT developer is seeking to raise several billion dollars. Thrive Capital …
Google updates Gemini with new image generation model, custom Gem chatbots
Google LLC is updating its Gemini artificial intelligence assistant with a set of new image generation and customization features. The company first previewed the enhancements at its Google I/O product event in May. They are set to become available in both the …
Supermicro shares drop on short seller claim of ‘accounting red flags’
Shares of Super Micro Computer Inc., better known as Supermicro, dropped more than 20% today after a short seller claimed to have found issues in its finances. Hindenburg Research on Tuesday alleged that Supermicro’s earnings disclosures contain “glaring accounting red flags.” In …
Researchers discover China-linked hacking campaign targeting US internet providers
Hackers are using a vulnerability in a network management tool to launch cyberattacks against U.S. internet providers. Black Lotus Labs, the cybersecurity research unit of telecommunications company Lumen Technologies Inc., revealed the hacking campaign today. The unit’s researchers believe that the campaign is …
Check Point Software acquires cybersecurity startup Cyberint
Check Point Software Technologies Ltd. today announced that it’s acquiring Cyberint Technologies Ltd., a venture-backed cybersecurity startup. Financial terms were not disclosed. Tel Aviv-based Cyberint previously raised about $68 million in funding from investors. Following its most recent raise in mid-2022, the …
Data management startup Cribl nabs $319M at $3.5B valuation
Cribl Inc., a startup with a suite of data management tools for enterprises, has closed an oversubscribed late-stage investment worth $319 million. The Series E deal, which was announced this morning, included $200 million in equity funding and a $119 million secondary …
Planera raises $13.5M for its construction management platform
Startup Planera Inc. today announced that it has raised $13.5 million in early-stage funding to enhance its project management platform for construction companies. Sierra Ventures led the Series A round. It was joined by Sorenson Capital, Brick and Mortar Ventures, Prudence VC …
Viggle AI raises $19M in funding for its AI video generator
Viggle AI, a startup with a popular video generation service of the same name, today announced that it has closed a $19 million early-stage investment. The Series A round was led by Andreessen Horowitz with participation from Two Small Fish. Toronto-based Viggle …