Maria Deutscher
Latest from Maria Deutscher
Nvidia previews Rubin CPX graphics card for disaggregated AI inference
Nvidia Corp. today previewed an upcoming chip, the Rubin CPX, that will power artificial intelligence appliances with 8 exaflops of performance. AI inference involves two main steps. First, an AI model analyzes the information on which it will draw to answer the user’s prompt. Once the analysis is complete, the algorithm generates its prompt response one token ...
SailPoint shares drop 7%+ despite strong second quarter
Shares of SailPoint Inc. dropped more than 7% today despite the cybersecurity provider reporting better-than-expected results for the second quarter. The selloff may have been caused by the company’s mixed guidance. SailPoint raised its full-year forecast, but its sales projection for the current quarter missed expectations. SailPoint provides software that companies use to manage employee ...
Mitsubishi Electric acquires cybersecurity provider Nozomi Networks for $883M
Cybersecurity company Nozomi Networks Inc. today announced that it has agreed to be acquired by Mitsubishi Electric Corp., a major supplier of industrial equipment. The deal values Nozomi at about $1 billion. The sum comprises $883 million that Mitsubishi Electric will pay as part of the acquisition and about $117 million worth of shares it ...
AI coding startup Cognition raises $400M+ at $10.2B valuation
Cognition AI Inc., the developer of the Devin artificial intelligence coding assistant, today announced that it has raised more than $400 million from investors. Founders Fund led the funding round. It was joined by existing backers Lux Capital, 8VC, Elad Gil, Definition Capital and Swish Ventures. Cognition is now worth $10.2 billion, up from $4 ...
More IPO momentum as Netskope, StubHub, Infleqtion and CoinShares file stock listing paperwork
In one of the strongest signs yet that demand for stock listings is rebounding, four different tech firms today filed to go public. Two of the companies, Netskope Inc. and StubHub Inc., will opt for a traditional initial public offering. They will be joined by two lesser-known tech firms, Infleqtion Inc. and CoinShares International Ltd., ...
New animated feature film to be produced using OpenAI’s AI models
Two film studios will use GPT-5 and other OpenAI models to produce an animated movie, the Wall Street Journal reported late Sunday. The picture, “Critterz,” is set to debut next May at the Cannes Film Festival. Production has reportedly already begun. The film is a collaboration between London-based Vertigo Films and Culver City, California-based Native ...
SiFive introduces new processor core designs for AI devices
Chip startup SiFive Inc. today debuted four new central processing unit cores optimized to run artificial intelligence models. Santa Clara, California-based SiFive was valued at $2.5 billion following its most recent funding round in 2022. The company develops CPU designs based on the open-source RISC-V instruction set architecture, or ISA. An ISA defines the collection ...
ProRata raises $40M to develop AI tools for publishers
ProRataAI Inc., a startup that develops search and advertising tools for publishers, has raised $40 million in funding to expand the adoption of its technology. The company announced the deal today. It said that Touring Capital led the Series B round with participation from returning backers Mayfield Fund, MVP Ventures, Revolution Ventures, SBI Investment, BOLD ...
EU fines Google $3.5B over advertising technology practices
The European Union today fined Google €2.95 billion, or about $3.5 billion, over its practices in the advertising technology market. The penalty is connected to an antitrust probe that EU officials launched four years ago. The investigation focused on a set of cloud applications that Google provides for website operators and marketers. Website operators use ...
AI inference startup Baseten closes $150M investment backed by CapitalG
Artificial intelligence startup Baseten Labs Inc. today announced that it has closed a $150 million late-stage investment at a $2.15 billion valuation. BOND led the Series D round, which comes about six months after the company’s previous raise. It was joined by Alphabet Inc.’s CapitalG fund, Conviction, Premji Invest, 01A, IVP, Spark, Greylock and Scribble ...