Maria Deutscher
Latest from Maria Deutscher
Humanoid robot startup Figure raises $1B+ at $39B valuation
Figure AI Inc. today announced that it raised a funding round worth more than $1 billion from a group of prominent investors. Parkway Venture Capital led the Series C deal. It was joined by Nvidia Corp., Intel Capital, Qualcomm Ventures, Salesforce Inc., LG Technology Ventures, T-Mobile Ventures and other institutional backers. Figure AI is now ...
OpenAI debuts GPT-5-Codex model to automate time-consuming coding tasks
OpenAI today introduced a new artificial intelligence model, GPT-5-Codex, that it says can complete hours-long programming tasks without user assistance. The algorithm is an improved version of GPT-5 trained on additional coding data. It’s accessible through Codex, an AI programming tool included in paid ChatGPT plans. OpenAI says that GPT-5-Codex is better than its predecessor ...
Manufacturing startup Divergent raises $290M at $2.3B valuation
Manufacturing startup Divergent Technologies Inc. today announced that it has raised $290 million in a late-stage funding round to support its growth efforts. The Series E round comprised $250 million in equity funding and $40 million worth of debt. Rochefort Asset Management was the lead investor. The deal, which comes about two years after Divergent ...
China says Nvidia breached antitrust rules with Mellanox acquisition, but TikTok deal looms
China’s antitrust regulator today said that Nvidia Corp. has breached local competition laws. Officials reached that conclusion following a preliminary investigation into the chipmaker’s acquisition of Mellanox Technologies Ltd. According to The Register, the antitrust regulator has referred the matter to a “formal probe.” It’s believed the formal probe could lead to fines or restrictions ...
Microsoft avoids EU fine by agreeing to unbundle Teams from Microsoft 365
Microsoft Corp. will change its business practices in the productivity software market to address antitrust concerns raised by the European Union. The European Commission, the EU’s executive arm, announced the development today. Regulators could have potentially fined Microsoft over the business practices that it’s revising. The changes made by the company will enable it to ...
OpenAI’s nonprofit parent set to receive $100B+ stake in for-profit arm
OpenAI today shared new details about its closely watched effort to change its organizational structure. The ChatGPT developer also indicated that Microsoft Corp. has tentatively approved the initiative. The tech giant is one of OpenAI’s most important investors, having provided it with more than $13 billion in funding and cloud infrastructure over the past six ...
Shares of blockchain company Figure climb 21% after $787M+ IPO
Shares of Figure Technology Solutions Inc. jumped 21% in today’s trading session, bringing the newly listed blockchain company’s market capitalization to $5.29 billion. Figure went public late Wednesday in an offering that raised $787.5 million. Investors bought 31.5 million shares for $25 apiece, a significant premium over the $18 to $20 the company had originally ...
F5 acquires AI security provider CalypsoAI for $180M
F5 Inc. today announced plans to acquire CalypsoAI Inc., a startup that helps enterprises protect their artificial intelligence applications from hackers. The all-cash deal values CalypsoAI at $180 million. That’s more than four times the amount of funding the company raised prior to the acquisition. F5 expects to close the transaction later this month. Nasdaq-listed ...
Report: Investors offered to fund AI data startup Mercor at $10B valuation
Investors have reportedly offered to arrange a new funding round of $100 million for Mercor Inc. that would value the startup at upwards of $10 billion. TechCrunch on Thursday cited sources as saying that Mercor has received multiple offers from prospective backers. The tipsters added that the company was holding discussions with those investors. Mercor ...
Arm debuts AI-optimized Lumex chip lineup for mobile devices
Arm Holdings plc today introduced a new portfolio of chip designs that handset makers can use to develop mobile processors. The product family is known as Lumex. It includes central processing units, graphics processing units and an interconnect module. Smartphone makers can use the latter component to link together Arm’s new GPUs and CPUs into ...