Maria Deutscher
Latest from Maria Deutscher
The U.K.’s antitrust regulator, the Competition and Markets Authority, has closed two parallel probes into Google LLC and Apple Inc. that focused on their business practices in the mobile market. Officials announced the decision today. The development relates to a new piece …
Fintech startup Bolt reportedly raising $450M at $14B valuation
Bolt Financial Inc., a well-funded startup that provides software for e-commerce companies, is reportedly seeking a new $450 million investment. The Information reported the fundraising effort today, citing an investor letter penned by Bolt interim Chief Executive Officer Justin Grooms. The memo …
Hotshot debuts new AI model for generating video clips
Hotshot has debuted an artificial intelligence model that can generate 10-second clips with a resolution of 1280 by 720 pixels. The startup launched the model, which is also called Hotshot, into public preview on Monday. It joins the growing list of AI …
Eppo raises $28M in funding for its A/B testing platform
Eppo Inc., a startup that helps software teams test how well new features resonate with users before releasing them, has raised $28 million in Series A funding. The company detailed today that Innovation Endeavors was the lead investor in the round. Icon …
Waymo debuts sixth-generation Driver autonomous driving system
Waymo LLC today debuted a new iteration of Driver, the artificial intelligence system that powers its autonomous taxis. The Alphabet Inc. unit says vehicles equipped with the module will be capable of detecting obstacles from more than 1,600 feet away. Additionally, the …
Cryptography chip startup Fabric secures $33M in funding
Startup Fabric Cryptography Inc., which sells chips optimized to run encryption algorithms, has raised $33 million in early-stage funding to support its product development efforts. Blockchain Capital and 1kx co-led the Series A investment. Fabric detailed in its announcement of the raise …
Nvidia debuts StormCast generative AI model for forecasting mesoscale weather events
Nvidia Corp. today detailed an artificial intelligence model called StormCast that could help researchers predict the weather more accurately. StormCast is an upgraded version of an earlier atmospheric forecasting model dubbed CorrDiff. Nvidia ships the latter algorithm with Earth-2, a software suite …
Texas Instruments wins $4.6B in CHIPS Act financing for three new fabs
Chipmaker Texas Instruments Inc. today announced that it has secured $4.6 billion in federal financing to upgrade its manufacturing infrastructure. The new funds will enable the company to build three new semiconductor plants, or fabs, in Texas and Utah. Construction on the …
EU issues request for information to Meta in connection with DSA probe
The European Union has asked Meta Platforms Inc. for information about the way it shares data from its social media platforms with researchers. The European Commission, the EU’s executive branch, disclosed the request today. The move relates to a probe that officials …
Report: SoftBank held talks with Intel about developing an AI chip
SoftBank Group Corp. and Intel Corp. held talks in recent months about developing an artificial intelligence chip, the Financial Times reported today. The negotiations, which have since fallen apart, are believed to have been part of a multibillion-dollar push on SoftBank’s part …