Maria Deutscher
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Unconventional AI debuts oscillator-based Un-0 model series
Unconventional AI Inc. has developed an artificial intelligence architecture that could improve the power efficiency of image generation models. The technology is the basis of a new neural network series, Un-1, that the company released on Thursday. Unconventional AI is led by Chief Executive Naveen Rao (pictured, second from the left), the former corporate vice ...
Sail Research raises $80M to optimize long-horizon AI agents
Artificial intelligence inference startup Sail Research Inc. today announced that it has raised $80 million in funding at a $450 million valuation. The company received the bulk of the capital in the form of a Series A round led by Sequoia. It earlier raised a seed round led by Kleiner Perkins. Sail Research also counts ...
Scaled Cognition nabs $100M to automate high stakes customer interactions
Artificial intelligence startup Scaled Cognition Inc. today announced that it has raised $100 million in funding. Khosla Ventures led the Series A deal with participation from Genesys Telecommunications Laboratories Inc., a provider of customer service software. The Wall Street Journal reported that Scaled Cognition is now worth $750 million. Founded in 2022, Scaled Cognition sells ...
Mirendil raises $200M to speed up scientific research with AI
Mirendil Inc., a startup developing artificial intelligence models for scientists, has raised $200 million in funding at a $1 billion valuation. The seed round was led by Andreessen Horowitz. Mirendil stated in its Wednesday funding announcement that Kleiner Perkins, Nvidia Corp. and several other investors contributed as well. Mirendil is led by Chief Executive Officer ...
Memory maker SK hynix files for $29B US IPO amid AI demand
SK hynix Inc., the world’s largest supplier of HBM memory, today filed to list its shares on the Nasdaq stock exchange. The South Korean company hopes to sell up to 17.79 million shares for $29.4 billion. The public offering is expected to be the second-largest on record after the recent listing of SpaceX Corp., which ...
Qualcomm shares jump 14% on Modular acquisition, guidance upgrade
Qualcomm Inc.’s stock jumped 14% in after-hours trading today after it shared a series of updates about its artificial intelligence roadmap. The company announced plans to acquire an inference software startup called Modular Inc. and previewed two upcoming AI chips. Additionally, Qualcomm significantly raised its fiscal 2029 guidance. The chipmaker now expects its non-handset revenue ...
OpenAI, Broadcom debut custom Jalapeño chip for AI inference
OpenAI Group PBC today revealed a custom chip called Jalapeño that it will use to power its large language models. The processor is the fruit of a collaboration with Broadcom Inc., which is no stranger to custom silicon design. The company helped Google LLC develop its TPU line of artificial intelligence accelerators. In April, the ...
Upbound open-sources Modelplane to optimize inference clusters
Upbound Inc. today released Modelplane, a new open-source tool for managing artificial intelligence inference clusters. San Francisco-based Upbound is backed by $69 million from Alphabet Inc.’s GV fund, Intel Capital and others. It’s best known as the creator of Crossplane, an open-source infrastructure management engine. It’s an upgraded version of the Kubernetes control plane, a ...
Orderful nabs $35M to streamline supply chain data management
Orderful Inc., a startup using artificial intelligence to make supply chains more efficient, today announced that it has raised $35 million in funding. The Series C round was led by Koch Disruptive Technologies with participation from NewRoad Capital. It brings Orderful’s total outside funding to $85 million. Retailers regularly exchange documents with their suppliers and ...
Blockchain data provider Allium raises $40M in funding
Allium Inc., a startup that provides financial institutions with data about the cryptocurrency market, has raised $40 million in funding. Amplify Partners led the Series A round. Allium stated in its announcement of the deal today that Kleiner Perkins and Theory Ventures participated as well. The raise follows two years in which the company’s revenue ...