Maria Deutscher
Latest from Maria Deutscher
Humanoid robot startup Figure nabs $9M investment from Intel Capital
Intel Corp.’s venture capital arm has invested $9 million in Figure AI Inc., a startup working to build a humanoid warehouse robot. TechCrunch reported the investment today. Intel’s capital infusion follows a $70 million raise that Figure disclosed in May. That round included the participation of several institutional investors as well as the startup’s founder ...
Education software maker Kahoot to go private in $1.72B acquisition
An investor consortium led by Goldman Sachs has agreed to acquire Kahoot ASA, an Oslo-based provider of education software for schools and enterprises. The deal was announced today. The investor consortium’s offer values Kahoot at 17.2 billion Norwegian kroner, or about $1.72 billion. That amounts to 35 kroner per share, which is 53.1% higher than ...
Meta pushes envelope on AI training efficiency with new CM3leon image generator
Meta Platforms Inc. today detailed CM3leon, an artificial intelligence model built for image generation tasks that can be trained using only a fraction of the hardware required by similar neural networks. Meta says CM3leon has other notable features as well. Despite the fact that it was trained using a limited amount of hardware, the AI’s ...
OpenAI facing FTC investigation over potentially deceptive business practices
The U.S. Federal Trade Commission is investigating OpenAI LP over its business practices, a newly released regulatory document has revealed. The document in question is a civil subpoena issued by the FTC to OpenAI that was made public today. The subpoena’s release comes a few months after an artificial intelligence ethics group asked the FTC ...
Cisco acquires venture-backed identity security startup Oort
Cisco Systems Inc. today disclosed that it has acquired Oort Inc., a startup focused on defending enterprises’ identity and access management tools from hacking. The acquisition’s financial terms were not disclosed. Boston-based Oort previously raised $15 million in funding, a portion of which was provided by Cisco’s venture capital arm last year. Prominent investment firm ...
Google releases ‘biggest expansion to date’ for its Bard generative AI chatbot
Google LLC today released a set of new capabilities for Bard that it describes as the “biggest expansion to date” of the chatbot’s feature set. In conjunction, the search giant is expanding Bard’s geographic availability. The chatbot, which has been available in 180 countries since March, will now also be accessible from Brazil and Europe. ...
Report: Nvidia could become anchor investor in Arm’s stock market listing
Nvidia Corp. reportedly could invest in Arm Ltd.’s upcoming initial public offering, which is expected to be one of the largest-ever for a tech company. The Financial Times reported the chip giant’s potential IPO participation today. Nvidia is said to be holding discussions about the matter with SoftBank Group Corp., which bought Arm for $32 ...
EU clears Broadcom’s VMware acquisition after receiving antitrust commitments
The European Commission, the European Union’s executive branch, today signed off on Broadcom Inc.’s proposed acquisition of VMware Inc. for $61 billion. The development brings the transaction one step closer to completion. Before it can close the deal, Broadcom will also have to win regulatory approval in the U.S. and U.K. Broadcom inked a $61 ...
Google technical infrastructure head Urs Holzle is stepping down amid cloud shakeup
Updated: Urs Holzle, Google LLC’s senior vice president of technical infrastructure, is stepping down. CNBC reported the development this morning, citing internal company memos. The memos, which were penned by Holzle and Google Cloud Chief Executive Officer Thomas Kurian, also detailed two other changes to the search giant’s technical leadership team. The company confirmed the ...
Vendict reels in $9.5M to automate cybersecurity questionnaires for tech companies
Vendict Ltd., a startup helping tech firms demonstrate their products’ security to potential customers, launched today after two years in stealth mode. The Israel-based startup disclosed on the occasion that it has raised $9.5 million in venture funding. The investment was led by NFX, Disruptive AI and Cardumen Capital. NewFund Capital, Tuesday Capital, Cyber Club ...