Maria Deutscher
Latest from Maria Deutscher
Autonomous flight startup Merlin Labs raises $105M in funding
Autonomous flight startup Merlin Labs Inc. today announced that it has closed a $105 million funding round co-led by Snowpoint and Baille Gifford. According to Merlin Labs, the Series B round also included “significant participation” from Alphabet Inc.’s GV venture capital arm. GV co-led the startup’s previous $25 million raise last year with First Round ...
Styra debuts cloud service to simplify application authorization for developers
Styra Inc. today debuted Styra Run, a cloud service aimed at helping developers implement authorization features in their applications with less effort. Authorization is the process of regulating which user can access what feature of an application and how. A bank, for example, must ensure that a user logging into its mobile app can’t access ...
Tecton raises $100M from prominent investors to accelerate AI development
Tecton Inc., a startup with a cloud platform that promises to help companies speed up their artificial intelligence development projects, has raised $100 million in fresh funding. The company announced the Series C round this morning. The investment was led by Kleiner Perkins with participation from Databricks Inc. and Snowflake Ventures. Andreessen Horowitz, Sequoia Capital, Bain ...
Researchers open-source neural network with 176B parameters
A group of researchers today released Bloom, an advanced natural language processing model that features 176 billion parameters. The researchers have made the code for Bloom available under an open-source license. The project began last year as collaboration between Hugging Face Inc., an artificial intelligence startup that recently raised $100 million from investors, and two ...
Database startup SingleStore raises $116M in funding
Database startup SingleStore Inc. today announced that it has secured a $116 million investment led by Goldman Sachs, giving it a valuation of more than $1 billion. The investment is an extension to a $80 million Series F funding round that SingleStore announced last year. Goldman Sachs was joined by more than a half-dozen other ...
Scale Computing raises $55M to streamline edge computing infrastructure
Edge computing firm Scale Computing Inc. today announced that it has closed a $55 million funding round led by Morgan Stanley Expansion Capital. Indianapolis-based Scale Computing will use the capital to accelerate product development initiatives and restructure debt. Historically, a task such as processing error logs from a sensor installed in a factory often involved ...
STMicro and GlobalFoundries to build $5.7B semiconductor fab in France
Chipmakers STMicroelectronics NV and GlobalFoundries Inc. today announced plans to build a new semiconductor production facility in France. The plant will be built with “significant financial support” from the French government, the companies stated. Reuters reported that the project is expected to cost $5.7 billion. The Register,reported that the plant will specialize in producing wafers, the ...
Oracle to launch sovereign cloud regions in the EU
Oracle Corp. today announced plans to expand its OCI cloud platform by launching sovereign cloud regions in the European Union. A region is the industry term for a cluster of data centers located in the same area. Oracle’s upcoming sovereign cloud regions are data centers located in the EU that are intended to host sensitive ...
Meta develops AI system for reviewing Wikipedia citations
Meta Platforms Inc. has developed an artificial intelligence system that can scan a Wikipedia article, analyze the sources cited by the article and identify if some of them may need to be changed. Meta detailed the AI system today. The company also released the code for the system under an open-source license. Wikipedia editors ensure ...
Report: Google proposed spinning off parts of ad tech unit to avoid antitrust lawsuit
Google LLC has raised the possibility of spinning off parts of its advertising technology business into a separate company, the Wall Street Journal reported today. After the spinoff, the new company would reportedly operate under the Alphabet Inc. corporate umbrella. Alphabet is the holding company that includes Google. The proposed spinoff is said to be ...