Maria Deutscher
Latest from Maria Deutscher
SASE provider Netskope files to go public
Cybersecurity and connectivity provider Netskope Inc. today filed paperwork for an initial public offering. The company didn’t disclose the sum that it hopes to raise or its target valuation. Netskope was valued at $7.5 billion following its most recent funding round, a $300 million investment that closed in 2021. The software maker has raised more ...
Trump says US government will take 10% stake in Intel
U.S. President Donald Trump today announced that the federal government will receive Intel Corp. shares in exchange for the CHIPS Act financing the company won last year. Trump detailed the deal, which confirms recent media reports, during a White House press briefing. He told attendees the U.S. government will take a 10% stake in Intel. ...
Meta reportedly inks $10B+ cloud deal with Google
Meta Platforms Inc. has reportedly signed a cloud deal with Google LLC that will be worth more than $10 billion over six years. Sources told Reuters on Thursday that the agreement encompasses servers, storage, networking and “other services.” The deal comes weeks after Meta announced plans to spend hundreds of billions of dollars on artificial ...
AI’s power drain: Google details Gemini apps’ environmental footprint in new paper
Google LLC has released technical data about the environment footprint of its Gemini artificial intelligence apps. The company shared the information in a paper published today. According to Google, the median text prompt to a Gemini app uses 0.24Wh, or 0.24 watt-hours, of energy. That’s enough to power a highly efficient lightbulb for more than a ...
Nvidia, Uber join $97M investment in autonomous driving startup Nuro
Autonomous driving startup Nuro Inc. today announced that it has raised $97 million in funding to support its commercialization efforts. The investment included the participation of Nvidia Corp., Uber Technologies Inc., Baillie Gifford and other institutional investors. It came as an extension to a $106 million Series E round that Nuro first announced in April. ...
Thoma Bravo to take HR software provider Dayforce private for $12.3B
Dayforce Inc. today announced that it has agreed to be acquired by private equity firm Thoma Bravo for $12.3 billion. The deal values the human resources software provider at $70 per share. That’s 32% higher than its closing price on Friday, the last trading day before a Bloomberg report revealed an acquisition was in the ...
DevOps automation startup SRE.ai launches with $7.2M in funding
SRE.ai Inc., a startup using artificial intelligence to make software teams more productive, launched today with $7.2 million in initial funding. Salesforce Ventures and Crane Venture Partners jointly led the seed investment. Releasing software to production involves multiple steps. Developers first scan the new code for security vulnerabilities and other flaws. After the code is ...
Property management startup EliseAI nabs $250M at $2.2B valuation
Property management software startup Elise A.I. Technologies Corp. today announced that it has closed a $250 million late-stage funding round. Andreessen Horowitz led the Series E investment with participation from Bessemer Venture Partners, Sapphire Ventures and Navitas Capital. The cash infusion comes a year after EliseAI’s previous raise. Reuters reported that the startup’s valuation has ...
Robotics software startup FieldAI raises $405M in funding
FieldAI Inc., a developer of artificial intelligence software for robots, today disclosed that it has raised $405 million in funding over two rounds. The bulk of the capital came in the form of a $315 million investment led by Bezos Expedition, Prysm and Temasek that closed earlier this month. FieldAI also counts the venture capital ...
Nuclear energy startup Aalo raises $100M in funding
Aalo Atomics Inc. today announced that it has raised $100 million to accelerate the development of nuclear-powered data centers using its compact, mass-producible reactor tech. Valor Equity Partners led the Series B round. It was joined by more than a dozen other institutional backers including Hitachi Corp.’s venture capital arm. Traditional nuclear reactors take billions ...