Maria Deutscher
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Coinbase acquires crypto investment platform Echo for $375M
Coinbase Global Inc. has acquired Echo, the operator of a platform that enables users to invest in crypto startups by buying their tokens. The deal values Echo at about $375 million. Coinbase plans to finance the acquisition with a combination of cash and stock. The transaction, which was announced this morning, marks the company’s eighth ...
Medical search engine startup OpenEvidence closes $200M investment led by GV
OpenEvidence Inc., the developer of an artificial intelligence search engine for doctors, today announced that it has closed a $200 million investment. The Series C round was led by Alphabet Inc.’s GV fund. Sequoia, Kleiner Perkins, Blackstone, Thrive Capital, Coatue, Bond and Craft participated as well. OpenEvidence is now worth $6.5 million, up from $3.5 ...
AI agent tooling provider LangChain raises $125M at $1.25B valuation
LangChain Inc., a startup that helps developers build artificial intelligence agents, has raised $125 million in funding at a $1.25 billion valuation. Fortune reported today that IVP led the Series B investment. It was joined by Alphabet Inc.’s growth-stage CapitalG fund, ServiceNow Ventures, Workday Ventures, Cisco Investments, Datadog, Databricks and several others. LangChain develops an ...
Hours-long AWS outage takes numerous services offline – but it’s fixed now
Updated: An outage in Amazon Web Services Inc.’s North Virginia data center cluster disrupted numerous online services this morning, but by afternoon, AWS reported that the issues have been resolved. AWS disclosed the issue shortly after midnight PDT. Around the same time, users started losing access to ChatGPT, Disney+, Snapchat, Venmo, Perplexity and a long ...
Nvidia begins volume production of Blackwell chips in TSMC’s Arizona fab
Nvidia Corp. today announced that its Blackwell chips have entered volume production in Taiwan Semiconductor Manufacturing Co.’s Arizona fab. The news marks a major milestone in the graphics card maker’s efforts to bring more of its supply chain to the U.S. The graphics processing units are the chief engine of the current boom in artificial ...
Stripe-backed blockchain developer Tempo reportedly raises $500M at $5B valuation
Tempo, a startup that plans to launch a blockchain optimized for stablecoin transactions, has reportedly raised $500 million in funding. Fortune today cited sources as saying that the Series A round values the company at $5 billion. Greenoaks and Thrive Capital reportedly led the raise. They were joined by Sequoia, Ribbit Capital and SV Angel. ...
Second Nature raises $22M for its AI sales training platform
Second Nature AI Inc., a startup that helps companies make their sales teams more productive, has raised $22 million in funding to support its engineering efforts. Sienna VC led the Series B investment, which was announced on Thursday. Bright Pixel, StageOne Ventures, Cardumen, Signals VC and Zoom Communications Inc. contributed as well. The round brings ...
Microsoft introduces new Copilot automation features for Windows 11
Microsoft Corp. today introduced a set of upgrades to the version of its Copilot artificial intelligence assistant that ships with Windows 11. Some of the enhancements are generally available today, while the others will be accessible through the company’s Windows Insider beta testing program. All Windows 11 users in markets where Copilot is offered can ...
Snowflake partners with Palantir to speed up customers’ AI projects
Snowflake Inc. is teaming up with Palantir Technologies Inc. to help joint customers build artificial intelligence applications faster. The collaboration, which was announced today, builds on a years-long partnership between the companies. They previously introduced a connector that enables customers to move data between their respective platforms. The companies’ new collaboration focuses on two Palantir ...
Spatial-temporal reasoning startup General Intuition closes $133.7M investment
General Intuition PBC, a startup developing artificial intelligence models that can navigate three-dimensional environments, has raised $133.7 million in funding. TechCrunch reported today that Khosla Ventures and General Catalyst led the seed round. Raine Ventures participated as well. General Intuition was recently spun off from Medal B.V, a venture-backed startup with a popular video sharing ...