Maria Deutscher
Latest from Maria Deutscher
Cerebras raises $1B more for its wafer-size AI chip
Four months after closing a $1.1 billion funding round, chip startup Cerebras Systems Inc. today announced that it has raised an additional $1 billion from many of the same investors. Tiger Global led the Series H deal. It was joined by Advanced Micro Devices Inc., Fidelity Management, Atreides Management, Alpha Wave Global, Altimeter, Coatue, 1789 ...
Voice AI startup ElevenLabs more than triples valuation in $500M round
ElevenLabs Inc., a startup that develops artificial intelligence models optimized to generate and transcribe speech, has raised $500 million in a late-stage funding. Sequoia Capital led the Series D investment. It was joined by Andreessen Horowitz, Iconiq, Lightspeed and several others. ElevenLabs said today that the cash infusion values it at $11 billion, more than ...
Skyryse raises $300M+ for its AI flight control system
Skyryse Inc., the developer of a flight control system with artificial intelligence features, today announced that it has closed a funding round worth more than $300 million. The Series C deal was led by Autopilot Ventures and returning backer Fidelity Management. They were joined by more than a half-dozen other institutional backers. Skyryse is now ...
AI startup Phylo nabs $13.5M for its ‘integrated biology environment’
Biology software developer Phylo Inc. today announced that it has raised $13.5 million in seed funding. Andreessen Horowitz led the round with Anthology Fund, a $100 million investment vehicle created last in 2024 by Menlo Ventures and Anthropic PBC. Zetta, Conviction, SV Angel and several others chipped in as well. Biologists use numerous applications to ...
PayPal appoints HP boss Enrique Lores as CEO after disappointing quarter
PayPal Holdings Inc. today appointed long-time technology executive Enrique Lores as its new chief executive officer. Lores previously held the same role at HP Inc., which he joined in 1989 as an intern. The personal computer and printer maker said director Bruce Broussard will serve as interim CEO while it searches for a permanent successor. ...
OpenAI launches Codex app for macOS to speed up software projects
OpenAI Group PBC today released a macOS client for its Codex programming assistant. The launch comes about two months after Claude Code, a competing service from Anthropic PBC, topped $1 billion in annualized recurring revenue. That number reportedly grew by at least $100 million in December. Claude Code’s rapid adoption may have prompted OpenAI to ...
Shield raises $100M to acquire more managed service providers
Shield Technology Partners Inc., a company that invests in managed service providers and optimizes their business operations, has closed a $100 million funding round. The financing was announced today. It was provided entirely by Thrive Holdings, an investor focused on backing companies that offer information technology and accounting services. Thrive Holdings launched Shield last June in ...
Satellite maker CesiumAstro raises $470M to grow its manufacturing capacity
Aerospace startup CesiumAstro Inc. today announced that it has raised $470 million to finance manufacturing and product development initiatives. More than half the sum was provided in the form of an equity funding round led by Trousdale Ventures. The venture capital firm was joined by Airbus Ventures, the Development Bank of Japan and several others. ...
Anthropic debuts Claude Cowork plugins to help users automate more tasks
Anthropic PBC today rolled out an update to Claude Cowork that will enable users to extend its feature set with custom plugins. Claude Cowork is an automation tool that the company introduced for its popular chatbot earlier this month. It can perform multistep tasks in file folders and the user’s browser. For example, a worker ...
Poetiq nabs $45.8M in seed funding for its LLM-enhancing ‘meta-system’
Poetiq Inc., a startup working to make artificial intelligence large language models more capable and cost-efficient, has raised $45.8 million in seed funding. FYRFLY Venture Partners and Surface Ventures jointly led the investment, which was announced on Thursday. Y Combinator, 468 Capital, Operator Collective, Hico Ventures and Neuron Venture Partners participated as well. Poetiq was ...