Maria Deutscher
Latest from Maria Deutscher
Liquid AI raises $37.6M to build ‘liquid’ neural networks
Liquid AI Inc., a startup developing artificial intelligence models based on a so-called liquid neural network design, today announced that it has raised $37.6 million in seed funding. OSS Capital and PagsGroup led the investment. They were joined by Samsung Electronics Co. Ltd.’s Next fund, WordPress developer Automattic Inc., Red Hat co-founder Bob Young and ...
Data management startup Vast Data valued at $9.1B after $118M funding round
Vast Data Inc., the developer of a data management platform used by the likes of NASA and Verizon Communications Inc., today announced that it has raised $118 million in late-stage funding. Fidelity Management & Research Co. led the Series E round at a $9.1 billion valuation. The raise follows a year in which Vast Data ...
Micron debuts speedy workstation SSD based on 232-layer NAND flash technology
Micron Technology Inc. today debuted a new solid-state drive for workstations and high-end personal computers, the Micron 3500, that features its latest 232-layer flash architecture. The company claims the device sets two industry records. The Micron 3500 is the first SSD for client devices, a term that encompasses PCs and handsets, with a top speed of ...
Vehicle simulation startup Foretellix raises $42M in fresh funding
Simulation automation startup Foretellix Ltd. today announced that it has raised $42 million from investors to grow the adoption of its software in the auto sector. The investment, which was led by 83North, comes as an extension to a Series C round Foretellix announced in May. The round also included contributions from Nvidia Corp. as ...
Microsoft Copilot to receive new coding and multimodal search capabilities
Microsoft Corp. is updating Microsoft Copilot, its collection of conversational search services, with new features that will enable users to find information and perform data science tasks more easily. The company announced the update this morning. Some of the new capabilities are available today, while others are set to roll out in the near future. ...
AssemblyAI raises $50M for its cloud-based AI speech models
AssemblyAI Inc., a startup that develops artificial intelligence models optimized to process audio files, has secured $50 million in late-stage funding to support its growth efforts. The company announced the Series C investment today. Lead investor Accel was joined by Insight Partners, Salesforce Inc. co-Chief Executive Keith Block, former GitHub CEO Nat Friedman and a ...
Extropic raises $14.1M to build ‘physics-based computing’ hardware for generative AI
Extropic, a hardware startup led by former members of Alphabet Inc.’s quantum computing research team, today announced that it has raised $14.1 million in seed funding. Kindred Ventures led the investment. It was joined by HOF Capital, Julian Capital, Marque VC, OSS Capital, Valor Equity Partners and Weekend Fund. Extropic says the round also saw ...
AI-powered text generation startup Rohirrim nabs $15M in fresh funding
Startup Rohirrim Inc. today announced that it has raised $15 million to expand the adoption of its artificial intelligence-powered text generation platform. Rohirrim received the investment, a Series A round, from Insight Partners and returning backer General Purpose Venture Capital. The cash infusion comes less than a year after the company’s launch from stealth mode. ...
Broadcom to let go 1,800+ VMware employees amid push for increased profitability
Broadcom Inc. is letting go more than 1,800 VMware employees amid an effort to boost the virtualization giant’s earnings significantly. The San Francisco Chronicle reported the job cuts on Thursday, citing regulatory filings. Some 1,267 of the employees who will be let go work at VMware’s headquarters in Palo Alto, California. An additional 600 affected ...
Google reportedly asks UK’s CMA to take antitrust action against Microsoft
Google LLC has reportedly asked U.K. antitrust officials to take action against Microsoft Corp. over the way the company licenses its software to public cloud users. Reuters reported the move today. Google is said to have made the request in a letter sent to the U.K.’s antitrust regulator, the Competition and Markets Authority. The news ...