Maria Deutscher
Latest from Maria Deutscher
Upscale AI raises $200M to develop scale-up AI networking chips
Upscale AI Inc., a developer of networking chips for artificial intelligence clusters, has raised $200 million in funding. The startup disclosed in its announcement of the round today that Tiger Global, Premji Invest and Xora Innovation were the lead investors. They were joined by the venture capital arms of Intel Corp. and Qualcomm Technologies Inc. ...
Healthcare AI startup OpenEvidence raises $250M at $12B valuation
OpenEvidence Inc., a startup that develops artificial intelligence software for physicians, today disclosed that it has raised $250 million in funding. Thrive Capital and DST Global led the investment. It values OpenEvidence at $12 billion, more than 10 times what the company was worth after its first funding round last February. The startup has raised ...
Vibe coding startup Emergent triples valuation in $70M funding round
Vibe coding startup Emergent Labs Inc. today announced that it has closed a $70 million funding round led by Khosla Ventures and SoftBank Vision Fund 2. The Series B deal comes only three months after the company’s previous raise. According to TechCrunch, it tripled Emergent’s valuation to about $300 million. The strong investor interest in ...
Accounting software startup Pennylane raises $204M at reported $4.25B valuation
Pennylane SAS, a Paris-based provider of accounting software, today announced that it has raised $204 million in late-stage funding from a consortium led by TCV. The investment firm was joined by Alphabet Inc.’s CapitalG fund, Blackstone, Sequoia and DST Global. Bloomberg reported that the Series E deal values Pennylane at $4.25 billion. That’s up from ...
Newly launched AI startup Humans& raises $480M round backed by Nvidia, GV
Humans& Inc., a three-month-old artificial intelligence startup, today announced that it has closed a $480 million seed round at a $4.48 billion valuation. The investment was led by SV Angel and Georges Harik, one of the company’s founders. Harik, an early Google LLC employee, helped develop several of the search giant’s core services. Google parent ...
AI chip developer FuriosaAI reportedly raising up to $500M
FuriosaAI Inc., a Seoul-based developer of artificial intelligence chips, is reportedly in talks to raise a new round of funding. Sources told Bloomberg today that the startup is seeking $300 million to $500 million. It has reportedly hired Morgan Stanley and Mirae Asset Securities, Korea’s largest investment bank, to help it close the round. The ...
NYSE previews platform for tokenized stock trading
The New York Stock Exchange plans to launch a trading venue that will enable investors to buy and sell tokenized stocks. The NYSE’s parent company, Intercontinental Exchange Inc., announced the initiative today. A tokenized stock is a digital asset pegged to the share price of a publicly traded company. Tokenized stocks can also be tied ...
OpenAI reveals its data center capacity tripled to 1.9GW in 2025
OpenAI Group PBC on Sunday shared new information about its financial performance and data center construction efforts. Chief Financial Officer Sarah Friar disclosed in a blog post that its annualized recurring revenue topped $20 billion last year. That’s up from $6 billion in 2024 and $2 billion the year before. In the same time frame, ...
Meta to stop selling Quest headsets to businesses, discontinue multiple VR features
Meta Platforms Inc. will stop selling its Quest virtual reality headsets to business customers and discontinue a number of software services that run on the devices. The company announced the move on Thursday. The decision is not unexpected: Earlier this week, Meta laid off more than 1,000 staffers from the Reality Labs business unit that ...
OpenAI to start testing ChatGPT ads across free, Go tiers
OpenAI Group PBC today announced plans to display ads in ChatGPT. The company will start showing promoted offers to U.S. adults with free accounts in the coming weeks. Ads will also be displayed to consumers with a ChatGPT Go subscription. The plan, which became available in the U.S. today, costs less than half as much as ...