Maria Deutscher
Latest from Maria Deutscher
Nvidia to license technology from inference chip startup Groq in reported $20B deal
Artificial intelligence chip startup Groq Inc. today announced that Nvidia Corp. will license its technology on a nonexclusive basis. The deal will also see the graphics card maker hire several key Groq employees. They include founding Chief Executive Officer Jonathan Ross and president Sunny Madra. Alex Davis, the CEO of Groq investor Disruptive Technology Advisers, ...
Snowflake reportedly seeking to acquire observability startup Observe for $1B
Snowflake Inc. is reportedly in talks to acquire Observe Inc., a startup with a cloud-based observability platform of the same name. The Information on Tuesday cited sources as saying that the acquisition will be worth about $1 billion if it materializes. That would make the deal Snowflake’s largest-ever startup purchase. Companies use Observe’s platform to monitor their ...
Dazzle, a new AI startup led by Marissa Mayer, raises $8M
Dazzle AI Inc., a startup founded by former Yahoo Inc. Chief Executive Marissa Mayer, today announced that it has raised $8 million in funding. Prominent venture capitalist Kirsten Green led the investment. She was joined by Mayer, Kleiner Perkins, Greycroft, Offline Ventures, Slow Ventures, Bling Capital, Amino Capital and Acquired Wisdom Fund. The round values ...
FCC bans sale of foreign-made drones over national security concerns
The U.S. Federal Communications Commission has banned the sale of foreign-made drones and critical drone components in the U.S. Officials announced the move on Monday. According to the FCC, it decided to block drone imports after an interagency body determined that they “pose unacceptable risks to the national security of the United States.” The ban ...
ServiceNow to acquire connected device security startup Armis for $7.75B
ServiceNow Inc. today announced plans to acquire Armis Inc., a startup with a cybersecurity platform optimized to protect connected devices. The all-cash transaction is worth $7.75 billion. That’s a more than $1.5 billion premium to the valuation Armis received after its most recent funding round in November. One of the investors that stands to earn ...
Apple fined $116M in Italy over ATT privacy feature in iOS
Italy’s competition regulator today issued a fine of €98.63 million, or about $116 million, to Apple Inc. over the ATT privacy feature in iOS. The technology has also drawn antitrust scrutiny in other jurisdictions. Many iOS apps collect data about their users to deliver personalized ads. In some cases, apps combine their first-party data with ...
Alphabet acquires renewable energy company Intersect for $4.75B
Alphabet Inc. today inked a deal to acquire Intersect Power LLC for $4.75 billion in cash. The Google LLC parent also plans to assume the renewable energy company’s outstanding debt. It expects to complete the transaction in the first half of 2026. According to the search giant, the deal is intended to expedite its data ...
Incident remediation startup Resolve AI reportedly valued at $1B in new funding round
Resolve AI Inc., a startup with a platform that helps companies fix issues in their technology infrastructure, has reportedly raised funding at a $1 billion valuation. TechCrunch on Friday cited sources as saying that the Series A investment had a “multi-tranched structure.” That means some shares were sold at a valuation lower than $1 billion. ...
Samsung debuts world’s first two-nanometer mobile processor
Samsung Electronics Co. Ltd. on late Thursday debuted the Exynos 2600, a high-end mobile chip based on its latest two-nanometer manufacturing technology. The most advanced smartphone processors on the market today use three-nanometer nodes. Compared with those processes, Samsung’s two-nanometer technology can provide up to 15% faster performance using the same amount of power. Alternatively, ...
Cursor acquires AI code review startup Graphite
Code editor provider Cursor has acquired Graphite, a startup with a tool that helps developers check software updates for bugs before releasing them to production. The companies announced the transaction today. According to Fortune, Cursor plans to finance the transaction with a mix of cash and equity. Graphite previously raised more than $50 million from ...