Maria Deutscher
Latest from Maria Deutscher
Anthropic to spend $50B on US data center infrastructure
Anthropic PBC today announced a $50 billion plan to build data centers in the U.S. The initiative will see the artificial intelligence provider open facilities in Texas and New York next year. It plans to launch additional sites further down the line. According to Anthropic, the data centers will be based on a custom design ...
AI analytics startup WisdomAI nabs $50M investment
WisdomAI Inc., a startup using artificial intelligence to speed up analytics projects, today announced that it has closed a $50 million investment. The Series A round comes less than a year after the company’s launch. It was led by Kleiner Perkins with participation from Nvidia Corp.’s NVentures startup fund, Coatue, Latitude Capital, Madrona, GTM Capital, ...
Chip startup d-Matrix raises $275M to speed up inference with in-memory compute
Chip startup d-Matrix Inc. today disclosed that it has raised $275 million in funding to support its commercialization efforts. The Series C round was led by Bullhound Capital, Triatomic Capital and Singapore’s Temasek sovereign wealth fund. The investment values d-Matrix at $2 billion. It will use the capital to grow its international presence and help ...
Google details cloud-based Private AI Compute system for securing Pixel data
Google LLC today detailed Private AI Compute, a cloud-based system it uses to power its Pixel handsets’ artificial intelligence features. Some of the AI models used by the latest Pixel 10 smartphone series are too large to run on-device. As a result, Google hosts them in its cloud. Private AI Compute is designed to protect ...
Nebius inks $3B data center deal with Meta after missing revenue expectations
Nebius Group NV today disclosed that it has won a $3 billion contract to provide Meta Platforms Inc. with data center infrastructure. The company nevertheless ended the trading session down 7%. The selloff was likely a response to the quarterly results it released along with the announcement of the Meta deal. Nebius more than tripled ...
Google debuts new open-source AI tools, GKE Pod Snapshots
Google LLC has debuted two new open-source tools designed to ease the task of operating artificial intelligence environments. The tools made their debut today at the KubeCon + CloudNativeCon North America conference in Atlanta. They’re rolling out alongside GKE Pod Snapshots, a new feature in Google Cloud’s GKE managed Kubernetes service. AI agents use external ...
Snowflake acquires database migration startup Datometry
Snowflake Inc. has acquired Datometry Inc., a startup that developed software for porting workloads between databases. The companies announced the deal today without disclosing its financial terms. Datometry previously raised $28 million from Dell Technologies Inc., Celesta Capital and other backers. Its website states that it had multiple Fortune 500 customers. An application interacts with ...
Scribe raises $75M for its process documentation platform
Scribe, a startup that helps workers use business applications more efficiently, has closed a $75 million funding round led by StepStone. TechCrunch reported today that the Series C investment also included the participation of Redpoint Ventures, Tiger Global and other returning backers. It values Scribe at $1.3 billion. That’s reportedly five times what the company ...
Majestic Labs launches with $100M to build memory-dense AI servers
Artificial intelligence infrastructure startup Majestic Labs Inc. launched today with $100 million in initial funding. The company raised the bulk of the capital, $71 million, through a Series A round led by Bow Wave Capital. Lux Capital led Majestic Labs’ earlier seed investment. The hardware maker is also backed by SBI, Upfront, Grove Ventures, Hetz ...
OpenAI calls for CHIPS Act tax credit to be extended to AI data centers
OpenAI Group PBC has asked the White House to make a tax credit for chip fabs available to artificial intelligence data center builders. Bloomberg reported the request today. OpenAI asked for the tax credit and several other AI industry incentives in a Oct. 27 letter to Michael Kratsios, policy director at the White House Office ...