Maria Deutscher
Latest from Maria Deutscher
Post-quantum cryptography startup PQShield raises $37M
Post-quantum cryptography startup PQShield Ltd. today announced that it has closed a $37 million funding round led by Addition. Chevron Technology Ventures, Legal & General, Braavos Capital and Oxford Science Enterprises contributed as well. The Series B investment brings PQShield’s total outside funding to more than $57 million. “We’re already getting our technology into the ...
OpenAI co-founder Ilya Sutskever launches startup to develop ‘safe superintelligence’
OpenAI co-founder Ilya Sutskever today announced the launch of SSI, a new startup dedicated to building advanced artificial intelligence models. The development comes a few months after Sutskever left his role as OpenAI’s chief scientist. He earlier resigned from the ChatGPT developer’s board. Sutskever’s departure is believed to be connected to his role in the ...
Amazon to spend €10B on expanding its cloud and logistics operations in Germany
Amazon.com Inc. will spend €10 billion, or about $10.7 billion, to upgrade its data center infrastructure and logistics network in Germany. The company detailed the investment today. The announcement comes a few weeks after Amazon Web Services Inc. revealed plans to spend €7.8 in Germany on its AWS European Sovereign Cloud platform. The platform, which ...
UK antitrust watchdog opens probe into HPE’s $14B Juniper acquisition
The U.K.’s antitrust watchdog has opened a probe to evaluate whether Hewlett Packard Enterprise Co.’s acquisition of Juniper Networks Inc. complies with local competition laws. The Competition and Markets Authority, or CMA, announced the investigation today. Officials will publish the results of the probe by August 13. In January, HPE announced an all-cash deal to acquire ...
Genspark reels in $60M for its AI-powered search engine
Genspark, the developer of a new search engine powered by large language models, today disclosed that it has raised $60 million in funding. Singapore-based investment firm Lanchi Ventures led the seed round. Reuters reported that the raise values Genspark at $260 million. The investment comes amid reports that several other startups in the AI-powered search ...
SUSE acquires Kubernetes observability startup StackState
SUSE SA has acquired StackState BV, a venture-backed startup with a platform for fixing malfunctions in Kubernetes environments. The Linux distributor announced the deal today at its annual SUSECON conference. During the event, executives also previewed an upcoming software offering designed to ease the task of running artificial intelligence models. Luxembourg-based SUSE provides a popular Linux ...
Huntress raises $150M at $1.5B+ valuation for its managed cybersecurity platform
Huntress Labs Inc., a fast-growing managed cybersecurity provider, today disclosed that it has raised $150 million at a valuation exceeding $1.5 billion. Kleiner Perkins, Meritech Capital and Sapphire Ventures led the round. CRN reported that the raise, a Series D investment, is likely the last for Huntress before going public. The company is reportedly on ...
Justice Department sues Adobe over its subscription cancellation policies
The U.S. Department of Justice today sued Adobe Inc. for allegedly making it unnecessarily difficult to unsubscribe from its software products. In addition to the company, the complaint names executives David Wadhwani and Maninder Sawhney as defendants. Wadhwani is the president of Adobe’s digital media business, which includes its creative applications. Sawhney is the president of digital ...
Tinybird reels in $30M for its real-time data platform
Tinybird Inc., a startup with a platform for powering real-time analytics projects, today announced that it has raised $30 million in funding. Balderton Capital led the Series B investment with participation from returning backers CRV, Singular and Crane. A source told TechCrunch that Tinybird is now worth $240 million. Many applications require the ability to ...
Runway debuts new Gen-3 Alpha model for generating videos
Startup Runway AI Inc. today debuted a new artificial intelligence model, Gen-3 Alpha, that can generate 10-second videos based on text prompts. New York-based Runway is backed by more than $190 million in funding from Google LLC, Nvidia Corp. and other investors. Gen-3 Alpha is the third addition to a series of video generation algorithms ...