Maria Deutscher
Latest from Maria Deutscher
Data mesh startup Nextdata raises $12M in funding
Nextdata, a startup making it easier for enterprises to implement the data mesh architecture, today announced that it has raised $12 million in seed funding. Greycroft and Acrew Capital led the investment. A number of angel investors participated as well. Nextdata said that it will use the capital to accelerate product development initiatives and grow ...
Mistral AI releases open-source language model with 7B parameters
Mistral AI, a well-funded artificial intelligence startup that launched five months ago, today released an open-source language model with 7 billion parameters. The model is called Mistral 7B in a nod to its parameter count. It’s available on GitHub under an Apache 2.0 license. According to the company, the model may be used for both ...
‘AiPhone’? Sam Altman and Jony Ive reportedly discussing ‘AI hardware device’ project
OpenAI LP Chief Executive Sam Altman and Jony Ive, Apple Inc.’s former top product designer, have reportedly discussed the possibility of building an artificial intelligence device. The Information reported the potential hardware project late Tuesday, citing two people familiar with the matter. The initiative is said to be in an early stage. It’s believed that ...
Breach detection and response startup Lumu raises $30M in fresh funding
Lumu Technologies Inc., a startup that helps companies more quickly spot cyberattacks targeting their networks, has raised $30 million in new funding. The capital was provided in the form of a Series B round that Lumu announced this morning. Forgepoint Capital, a venture capital firm active in the cybersecurity market, led the investment. It was ...
AI chip startup Kneron secures $49M investment
Startup Kneron Inc., which develops artificial intelligence chips for connected devices, today announced that it has raised $49 million in additional funding. The capital was provided as an extension to a similarly-sized Series B round that first closed last year. One of the participants in Kneron’s latest raise was Hon Hai Precision Industry Co. Ltd., ...
FTC and 17 states sue Amazon over e-commerce practices
The Federal Trade Commission and 17 state attorneys general today sued Amazon.com Inc. for allegedly using anticompetitive business tactics in the e-commerce market. The plaintiffs are seeking an injunction to halt the practices in question. Additionally, they’ve asked the federal court where the complaint was filed for “structural remedies.” This term often refers to antitrust ...
FCC seeks to reinstate 2015 net neutrality rules
The U.S. Federal Communications Commission will soon launch an effort to reinstate net neutrality rules that were rescinded during the Trump administration, Reuters reported this morning in a move confirmed later by the FCC. FCC chair Jessica Rosenworcel announced the initiative formally in a speech today. The development comes less than a month after Democrats gained ...
Confluent debuts managed Apache Flink service and generative AI features
Confluent Inc. is extending Confluent Cloud, its flagship data streaming platform, with a managed Apache Flink service that will make it easier for customers to analyze their business information. The service made its debut today at Current, the company’s annual user conference. Confluent also introduced a number of other new features at the event including ...
Openly raises $100M for its AI-powered homeowners insurance platform
Openly LLC, a startup that uses artificial intelligence to generate homeowners insurance quotes, has raised $100 million to accelerate its growth plans. Boston-based Openly announced the funding round on Thursday. The round was led by Eden Global Partners with participation from Alphabet Inc.’s Gradient Ventures fund, which invests in AI companies, and several other institutional ...
Amazon to invest up to $4B in generative AI developer Anthropic
Amazon.com Inc. will invest up to $4 billion in Anthropic, the San Francisco-based startup behind the Claude 2 large language model. The companies announced the investment this morning. The deal comes as Anthropic reportedly gears up to develop a highly advanced foundation model, Claude Next, that could be too hardware-intensive for even the world’s fastest ...