Maria Deutscher
Latest from Maria Deutscher
Nvidia backs $99M round for laser-powered 3D metal printing startup Seurat
Startup Seurat Technologies Inc., which develops laser-powered 3D printers for the industrial sector, today announced that it has raised $99 million in funding. Nvidia Corp.’s NVentures fund and Capricorn led the Series C investment. They were joined by about a dozen other backers including the venture capital arms of General Motors Co., Honda Motor Ltd., ...
Google will reportedly invest up to $2B in OpenAI competitor Anthropic
Google LLC is expected to invest up to $2 billion in Anthropic PBC, an OpenAI LP competitor focused on developing large language models. The Wall Street Journal reported the deal this morning. It’s believed that Google will provide $500 million upfront and invest the rest over time. Using the new funding, Anthropic can more easily ...
UN forms AI advisory board as model governance moves up the tech industry’s priority list
The United Nations plans to form an advisory board that will explore the risks and opportunities presented by artificial intelligence. The development comes as major tech industry players are also increasing their focus on AI governance. Against the backdrop of the U.N.’s Thursday announcement, OpenAI LP launched a new team tasked with identifying potential risks ...
Observability provider SolarWinds reportedly exploring a sale
SolarWinds Worldwide LLC, an enterprise software maker that experienced a high-profile cyberattack in 2020, is reportedly exploring a sale. Bloomberg reported the development late Thursday, citing people familiar with the matter. SolarWinds is expected to launch the sale process early next year and is believed to have hired financial advisors to help it manage the ...
Mobileye shares climb on strong third-quarter results
Shares of Mobileye Global Inc. climbed more than 7% today after the company posted strong financial results for its third quarter ended Sept. 30. Mobileye sells chips that automakers use to equip their vehicles with partly autonomous driving features. It’s also developing a hardware and software system, Chauffeur, that is intended to power fully autonomous ...
Credal and Datasaur target enterprise demand for security-optimized AI models
Credal AI Inc. and Datasaur Inc., two venture-backed artificial intelligence startups, today marked milestones in their respective efforts to ease enterprise machine learning projects. Many enterprises are opting to build custom AI modes instead of using commercial, cloud-hosted neural networks. Often, the decision is motivated by concerns about commercial neural networks’ security. Credal and Datasaur ...
Intel backs $44M round for private cloud infrastructure startup Oxide Computer
Oxide Computer Co., a San Francisco startup developing cloud-inspired data center infrastructure, today announced that it has nabbed $44 million in funding to support its go-to-market efforts. The Series A round was led by Eclipse Ventures. Intel Corp.’s venture capital arm, Riot Ventures, Counterpart Ventures and Rally Ventures chipped in as well. Oxide sells a ...
Kubernetes management startup Chkk exits stealth mode with $5.2M in funding
Chkk Inc. launched today with $5.2 million in funding and a software platform that promises to ease the task of maintaining Kubernetes clusters. The Sunnyvale, California-based startup raised the capital through a seed round led by Sequoia. According to TechCrunch, the investment closed in May. A large Kubernetes cluster can include upwards of hundreds of ...
CentML raises $27M to speed up AI inference and training
CentML Inc., a startup working to improve the performance of artificial intelligence models, today announced that it has closed a $27 million seed round. The investment was led by Alphabet Inc.’s Gradient Ventures startup fund. Nvidia Corp., Deloitte Ventures, Thomson Reuters Ventures and Radical Ventures contributed as well. CentML was founded in 2022 by AI ...
AWS debuts EU-based sovereign cloud with dedicated data centers
Amazon Web Services Inc. today previewed the AWS European Sovereign Cloud, an upcoming network of data centers that will be used by government agencies and highly regulated enterprises in the European Union. The data centers in question will operate separately from the eight cloud regions AWS already operates within the bloc. According to the Amazon.com ...