Maria Deutscher
Latest from Maria Deutscher
Data center switch maker Aria Networks raises $125M
Aria Networks Inc., a startup that makes switches for artificial intelligence clusters, has closed a $125 million funding round. The capital was provided by Sutter Hill Ventures, Atreides Management, Valor Equity Partners and Eclipse Ventures. Aria disclosed the raise today in conjunction with the debut of its product portfolio. Deep Networking, as it’s called, is ...
Intel joins Elon Musk’s Terafab chip manufacturing initiative
Shares of Intel Corp. climbed more than 4% today after it announced plans to participate in Elon Musk’s Terafab initiative. Terafab is a collaboration between SpaceX Corp. and Tesla Inc. that was unveiled last month. Its goal is to build a semiconductor manufacturing hub capable of producing chips for satellites, robots and autonomous vehicles. The ...
AI agent security startup Trent AI launches with $13M in funding
Trent AI Ltd., a London-based artificial intelligence security startup, launched today with $13 million in seed funding. LocalGlobe and Cambridge Innovation Capital led the investment. They were joined by executives at Databricks Inc., Stripe Inc. and other tech companies. Trent AI was founded last year by former Amazon Web Services Inc. engineers Eno Thereska, Neil ...
Report: Meta developing open-source versions of upcoming AI models
Meta Platforms Inc. plans to release open-source versions of its next-generation artificial intelligence models, Axios reported today. The company debuted its most capable neural network last April. Llama 4 Maverick, as the algorithm is called, is an open-source large language model with 400 billion parameters. In December, sources told Bloomberg that Meta was planning to ...
OpenAI releases policy document focused on financial impacts and risks of AI
OpenAI Group PBC today released a policy framework with suggestions on how to address the risks posed by artificial intelligence. The 13-page document is titled “Industrial Policy for the Intelligence Age: Ideas to Keep People First.” It’s at least the second such paper OpenAI has published in the past two years. The document’s release follows new reports ...
Satellite data startup Xoople closes $130M investment
Xoople SL, a Spanish provider of Earth observation data, today disclosed that it has closed a $130 million funding round. Madrid-based investment firm Nazca Capital led the raise. It was joined by MCH Private Equity, CDTI, Buenavista Equity Partners and Endeavor Catalyst. Xoople provides access to satellite imagery from organizations such as the European Space ...
Report: Edge AI chip startup Hailo to go public via SPAC merger
Chipmaker Hailo Technologies Ltd. is reportedly preparing to list its shares through a merger with a special-purpose acquisition company. Calcalist revealed the plan today, citing regulatory filings from Hailo investor Delek Automotive. The offering is reportedly designed to shore up the chipmaker’s finances amid an “urgent need for liquidity.” Hailo laid off nearly 10% of ...
Anthropic reportedly acquires medical AI startup Coefficient Bio for $400M+
Anthropic PBC has reportedly acquired Coefficient Bio Inc., a provider of artificial intelligence software for medical researchers. Half the startup’s stock was owned by a healthcare-focused venture capital firm called Dimension. The fund informed investors of the acquisition in a letter that was published today by journalist Eric Newcomer. According to the document, Anthropic is ...
Cursor refreshes its vibe coding platform with focus on AI agents
Startup Cursor today debuted a new version of its popular artificial intelligence coding platform. The release includes features that will make it easier for developers to automate programming tasks using AI agents. It also introduces improvements in other areas. Cursor has raised more than $3 billion in funding from Nvidia Corp., Google LLC and other ...
OpenAI acquires tech industry podcast company TBPN
OpenAI Group PBC today announced that it has acquired the company behind TBPN, a popular tech industry podcast. The terms of the deal were not disclosed. According to The Wall Street Journal, TBPN expects to generate more than $30 million in advertising revenue this year. That suggests the buyout price was relatively small compared to ...