Maria Deutscher
Latest from Maria Deutscher
Identity management startup Saviynt closes $700M investment
Saviynt Inc., a startup that helps enterprises regulate how users and applications access their internal systems, has closed a $700 million funding round. The company disclosed in its announcement of the Series B deal today that KKR was the lead investor. Sixth Street Growth, TenEleven and returning backer Carrick Capital Partners chipped in as well. ...
Anthropic launches broad AI collaboration with Accenture
Anthropic PBC today announced that Accenture plc will broadly adopt its Claude series of large language models. The collaboration expands upon an existing partnership between the companies. Last May, Anthropic teamed up with Accenture to help companies deploy artificial intelligence software. That initiative placed particular emphasis on organizations in highly regulated industries. The new collaboration ...
Google previews upcoming Android XR smart glasses equipped with Gemini
Google LLC has shared new details about its plan to launch smart glasses powered by the Android XR operating system. The search giant first announced the initiative at its Google I/O developer event in May. At the time, the Alphabet Inc. unit disclosed that it will bring its smart glasses to market in partnership with ...
Jeff Bezos backs $475M seed round for chip startup Unconventional AI
Unconventional AI Inc., a chip startup led by former Intel Corp. executive Naveen Rao, launched today with a massive $475 million in seed funding. Lightspeed and Andreessen Horowitz led the investment. They were joined by more than a half-dozen other backers including Jeff Bezos and Rao, who contributed $10 million. The deal valued Unconventional AI ...
Paramount makes $108B hostile takeover offer for Warner Bros Discovery
Paramount Skydance Corp. today made a bid to acquire Warner Bros Discovery Inc. for $108.4 billion. Acquisition offers are usually sent to a company’s board of directors for approval. Paramount’s bid, in contrast, is structured as a tender offer. That means the company hopes to bypass the board and buy shares directly from Warner Bros ...
SpaceX reportedly seeking $800B valuation ahead of 2026 IPO
SpaceX Corp. is reportedly gearing up for a bumper secondary sale that could be one of its last before going public. The Wall Street Journal reported today that the offering is set to value the aerospace company at $800 billion. If the deal materializes, SpaceX Corp. would surpass OpenAI Group PBC as the world’s most ...
Meta acquires Sam Altman-backed AI wearable startup Limitless
Meta Platforms Inc. today announced that it has acquired Limitless Inc., a startup with an artificial intelligence wearable for recording conversations. The terms of the deal were not disclosed. Limitless has raised $33 million in funding from First Round Capital, Andreessen Horowitz, NEA and OpenAI Group PBC Chief Executive Officer Sam Altman. Meta competes with ...
Netflix to acquire key Warner Bros. assets in blockbuster $72B deal
Netflix Inc. has inked an agreement to acquire several Warner Bros Discovery Inc. units for $72 billion in cash and stock. The companies announced the deal today. It follows a bidding contest that included Comcast Corp. and Paramount Skydance Corp., which is backed by Oracle Corp. Executive Chair Larry Ellison. The latter company recently accused ...
Meta could reportedly let go 30% of its metaverse unit’s workforce
Meta Platforms Inc. is weighing significant cuts to the budget of its metaverse unit, Bloomberg and the New York Times reported today. The unit is responsible for the company’s Quest series of virtual reality headsets. The most capable device in the lineup, the Quest 3, has a resolution of 2,064 by 2,208 pixels per eye. ...
7AI raises $130M to automate cybersecurity investigations with AI agents
Cybersecurity automation startup 7AI Inc. today announced that it has closed a $130 million funding round led by Index Ventures. The Series A deal also included the participation of Blackstone Innovations Investments, Greylock, CRV and Spark. They were joined by the investors who backed 7AI’s $36 million seed raise last June. Boston-based 7AI offers a ...