Maria Deutscher
Latest from Maria Deutscher
Fundamental launches with $255M and an AI model optimized for tabular data
Artificial intelligence startup Fundamental Technologies Inc. launched today with $255 million in initial funding from a group of prominent investors. The company raised the bulk of the capital through a $225 million Series A round led by Oak HC/FT. The firm was joined by Salesforce Ventures, Valor Equity Partners, Battery Ventures and Hetz Ventures. Fundamental ...
OpenAI introduces Frontier agent management platform and new GPT-5.3-Codex model
OpenAI Group PBC today introduced a platform called Frontier that companies can use to build and manage artificial intelligence agents. The offering debuted alongside a new version of the company’s programming-optimized model. GPT-3.3-Codex, as the algorithm is called, is better than its predecessor at not only code generation but also general productivity tasks. Frontier enables ...
Resolve AI raises $125M at $1B valuation to automate application maintenance
Resolve AI Inc., a startup with a platform that makes it easier to fix issues in production applications, has closed a $125 million funding round at a $1 billion valuation. Lightspeed led the Series A investment. Resolve AI said in its announcement of the deal today that Greylock, Unusual Ventures, Artisanal Ventures and A* participated ...
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 ...