Maria Deutscher
Latest from Maria Deutscher
Cryptocurrency exchange operator Gemini files to go public
Gemini Space Station Inc., the operator of a popular cryptocurrency exchange, today confidentiality filed to go public. The move comes about four months after rumors first emerged that a listing is in the works. A few weeks later, Bloomberg reported that Gemini had hired Goldman Sachs Group Inc. and Citigroup Inc. to manage the offering. ...
OpenAI to retain deleted ChatGPT conversations following court order
OpenAI will retain users’ deleted ChatGPT conversations to comply with a recently issued court order. Brad Lightcap, the artificial intelligence developer’s chief operating officer, disclosed the move in a late Thursday blog post. When users delete ChatGPT prompts and the chatbot’s responses, OpenAI usually retains the data for 30 days before permanently erasing it. Going ...
Anysphere raises $900M for its AI-powered Cursor code editor
Confirming recent rumors, code editor startup Anysphere Inc. today announced that it has closed a $900 million funding round. OpenAI backer Thrive Capital led the raise. It was joined by several other institutional investors including Andreessen Horowitz, Accel and DST Global. Bloomberg reported that Anysphere is now worth $9.9 billion, nearly four times what it ...
Anduril raises $2.5B in funding to finance manufacturing initiatives
Defense technology startup Anduril Industries Inc. today announced that it has raised $2.5 billion in new funding. Lead investor Founders Fund contributed $1 billion to the round. According to Anduril, a number of unnamed returning backers participated as well. The investment values the company at $30.5 billion, more than double what it was worth following ...
Collibra acquires Raito to enhance its data security capabilities
Data management provider Collibra Inc. has acquired Raito BV, a startup that helps enterprises manage employee access to their business information. The companies announced the deal today without disclosing the financial terms. Raito, which was founded four years ago by former Collibra employees, has raised €4 million in funding. Collibra is backed by about $595 ...
Mistral AI introduces Code programming assistant
Mistral AI SAS today debuted Mistral Code, a tool that uses four of its artificial intelligence models to help developers write code faster. Paris-based Mistral AI raised $640 million last year at a $6 billion valuation. Alongside AI programming tools, it provides general-purpose large language models that compete with OpenAI’s algorithms. The company also offers ...
Sema4.ai raises $25M in funding for its AI agent platform
Sema4.ai, a startup with a platform for building and managing artificial intelligence agents, today disclosed that it has raised $25 million in funding. The capital was provided through an extension of a Series A round that the company first announced last January. That original investment was provided by Benchmark and Mayfield Fund. The two venture ...
GlobalFoundries to invest $3B more in US fab network
GlobalFoundries Inc. will invest $3 billion in its domestic network of chip manufacturing and packaging facilities. The investment, which was detailed today, comes in addition to the $13 billion the company has already allocated to upgrading its U.S. fabs. The initiative is supported by $1.5 billion in CHIPS Act funding that GlobalFoundries won early last year. Malta, ...
Meta inks 20-year nuclear power deal with Constellation Energy
Meta Platforms Inc. has signed a 20-year deal to buy nuclear power from Constellation Energy Corp., the largest producer of carbon-free electricity in the U.S. The companies announced the agreement today. Constellation won a similar 20-year contract from Microsoft Corp. last September. Under that deal, the utility will reopen a nuclear power plant in Pennsylvania ...
AI pioneer Yoshua Bengio launches nonprofit LawZero AI lab, with a focus on safe AI
Yoshua Bengio, one of the world’s most prominent computer scientists, is launching a new artificial intelligence lab called LawZero. Bengio told the Financial Times on Monday that the group will seek to develop safety-optimized AI systems. The effort is backed by about $30 million in donations from a who’s who of backers. The list includes ...