Maria Deutscher
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Vinci nabs $46M to speed up chip simulations with AI
Vinci4D Inc., a provider of simulation software for chip designers, has secured $46 million in funding to enhance its technology. The startup raised the capital over two rounds that it announced on Tuesday. The financing came from Xora Innovation, Eclipse and Khosla Ventures. A new chip design goes through many rounds of testing before it’s ...
Lemurian Labs raises $28M for its efficiency-optimized AI model compiler
Artificial intelligence tooling startup Lemurian Labs Inc. today announced that it has closed a $28 million funding round. Pebblebed Ventures and Hexagon jointly led the Series A investment. They were joined by Oval Park Capital, which led a seed round for Lemurian three years ago, and more than a half dozen other backers. An AI ...
Zafran Security nabs $60M for its vulnerability management platform
Fast-growing cybersecurity startup Zafran Security Ltd. today announced that it has raised $60 million in a Series C funding. Menlo Ventures led the round with participation from Sequoia Capital, Cyberstarts, PSP Growth, Vintage Investment Partners and Knollwood Investment. The deal comes less than two years after Zafran’s previous funding round. According to the company, its ...
Cloud backup startup Eon raises $300M at $4B valuation
Eon.io Inc., a startup that helps enterprises use their backup data in analytics projects, has closed a lale-stage $300 million funding round. The company detailed today that prominent tech investor Elad Gill led the Series D raise. He was joined by Sequoia Capital, Lightspeed Venture Partners, Greenoaks, BOND and several others. Eon is now valued ...
OpenAI CEO Sam Altman reportedly declares ‘code red’ after rivals launch new AI models
OpenAI Group PBC Chief Executive Officer Sam Altman reportedly declared “code red” in a memo sent to the company’s employees on Monday. The Wall Street Journal and The Information reported the internal announcement today. The publications’ sources also provided new details about OpenAI’s development roadmap. The company is reportedly working on a personal assistant, advertising ...
Runway, DeepSeek release new foundation models
Startups Runway AI Inc. and DeepSeek today released two foundation models that they say can outperform algorithms developed by the tech industry’s largest players. Runway’s new algorithm, Gen-4.5, provides text-to-video features. DeepSeek, in turn, has released an updated version of its namesake reasoning model. The Chinese startup says that DeepSeek V3.2 is better at coding ...
Open-source image generator startup Black Forest Labs raises $300M
Black Forest Labs Inc., a startup that develops artificial intelligence models optimized for image generation tasks, has raised $300 million in funding. Salesforce Ventures and prominent venture capitalist Anjney Midha co-led the Series B round. They were joined by Nvidia Corp., Canva Pty, Figma Ventures, Temasek and over a half dozen venture capital firms. Black ...
Nvidia invests $2B in Synopsys as part of multiyear AI collaboration
Nvidia Corp. has bought a $2 billion stake in Synopsys Inc. as part of a new multi-year partnership the companies announced today. The chipmaker purchased the stock at a price of $414.79 per share, a slight discount to Synopsys’ Friday close. The deal has a similar structure as the $5 billion investment in Intel Corp. ...
Akamai acquires WebAssembly function-as-a-service startup Fermyon
Akamai Technologies Inc. today announced that it has acquired Fermyon Inc., a startup with a function-as-a-service platform based on WebAssembly. The terms of the deal were not disclosed. Fermyon previously raised $20 million in funding from Insight Partners, Amplify Partners and angel investors. WebAssembly, the open-source technology that underpins the company’s platform, provides a virtual ...
Intel shares jump 10% on report of potential chip production deal with Apple
Shares of Intel Corp. closed 10% higher today following a report that it may win a contract to produce chips for Apple Inc. devices. Prominent Apple analyst Ming-chi Kuo wrote on X that reports of the potential deal have been swirling in the semiconductor industry for some time. “Visibility around this had remained low,” Kuo ...