Maria Deutscher, Author at SiliconANGLE

AI

Elon Musk’s xAI raises $6B at $24B valuation to build new AI services

By Maria Deutscher May 27, 2024

Artificial intelligence startup xAI Corp. has raised $6 billion in Series B funding round to support its product development and commercialization efforts. The company, which was founded last year by Elon Musk, detailed on…

Cloud

Financial software maker AuditBoard to be acquired by Hg Capital for $3B+

By Maria Deutscher May 24, 2024

AuditBoard Inc., the developer of a software platform that helps enterprises ensure their financial reports are accurate, will be acquired by Hg Capital for over $3 billion. The companies announced the deal on Thursday.…

Apps

Google to invest $350M in Indian e-commerce marketplace Flipkart

By Maria Deutscher May 24, 2024

Google LLC is buying a $350 million stake in Flipkart Pvt Ltd., India’s largest e-commerce company. Bloomberg reported that the search giant will provide the capital as part of a funding round worth nearly…

AI

Cohere open-sources Aya 23 series of multilingual LLMs

By Maria Deutscher May 23, 2024

Cohere Inc. today introduced Aya 23, a new family of open-source large language models that can understand 23 languages. Toronto-based Cohere is an OpenAI competitor backed by more than $400 million in funding from…

Infra

ZeroPoint raises $5.5M for its on-chip data compression technology

By Maria Deutscher May 23, 2024

ZeroPoint Technologies AB, a startup with hardware that enables processors to make more efficient use of DRAM, has secured $5.5 million in early-stage funding. The company said in its announcement of the Series A…

Infra

Google details plans for new subsea internet cable linking Africa and Australia

By Maria Deutscher May 23, 2024

Google LLC today announced plans to deploy a new subsea internet cable, called Umoja, that will provide connectivity between Africa and Australia. The cable marks the latest in a series of underwater networking projects…

AI

Amazon reportedly preparing paid Alexa version powered by its own Titan AI model

By Maria Deutscher May 22, 2024

Amazon.com Inc. engineers are reportedly working on a new, more capable version of Alexa that is expected to become available through a paid subscription. Sources familiar with the project told CNBC today that the…

AI

Patronus AI reels in $17M for its AI reliability testing platform

By Maria Deutscher May 22, 2024

Patronus AI Inc., a startup helping companies detect and fix reliability issues in their large language models, today announced that it has closed a $17 million investment. Notable Capital led the Series A round.…

Apps

Report: AI wearable maker Humane seeking sale at up to $1B valuation

By Maria Deutscher May 22, 2024

Humane Inc., the well-funded developer of the Ai Pin artificial intelligence wearable, is reportedly seeking a buyer. Bloomberg reported late Wednesday that the company is hoping for a sale price of $750 million to…

AI

EU greenlights AI Act as tech giants commit to responsible model development

By Maria Deutscher May 21, 2024

The European Union’s AI Act, a piece of legislation designed to mitigate the risks posed by artificial intelligence, today received the final greenlight it required to become law. The milestone came against the backdrop…

Maria Deutscher

Elon Musk’s xAI raises $6B at $24B valuation to build new AI services

Financial software maker AuditBoard to be acquired by Hg Capital for $3B+

Google to invest $350M in Indian e-commerce marketplace Flipkart

Cohere open-sources Aya 23 series of multilingual LLMs

ZeroPoint raises $5.5M for its on-chip data compression technology

Google details plans for new subsea internet cable linking Africa and Australia

Amazon reportedly preparing paid Alexa version powered by its own Titan AI model

Patronus AI reels in $17M for its AI reliability testing platform

Report: AI wearable maker Humane seeking sale at up to $1B valuation

EU greenlights AI Act as tech giants commit to responsible model development

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