Maria Deutscher
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Uber co-founder Travis Kalanick launches robotics venture Atoms
Travis Kalanick, the billionaire co-founder of Uber Technologies Inc., today announced the launch of a new robotics startup. Atoms Inc. is built on the assets of a company called City Storage Systems Inc. that Kalanick founded in 2016. It will reportedly also absorb Pronto AI Inc., a venture-backed autonomous driving startup. The Information reported that ...
Gumloop reels in $50M for its AI automation platform
Gumloop Inc., the developer of a platform that enables nontechnical workers to create artificial intelligence agents, has raised $50 million in funding. The startup announced the Series B round on Thursday. It stated that Benchmark led the deal with participation from Shopify Ventures, Y Combinator and several others. The investment brings the company’s total outside ...
AWS will bring Cerebras’ wafer-size WSE-3 chip to its cloud platform
Amazon Web Services Inc. will make Cerebras Systems Inc.’s WSE-3 artificial intelligence chip available to its customers. The companies announced the initiative today. It’s part of a multiyear partnership that will also see AWS and Cerebras develop a “disaggregated architecture” for AI inference workloads. The technology is expected to increase the speed at which AI ...
AI agent development startup Wonderful reels in $150M
Artificial intelligence agent startup Wonderful AI Inc. today announced that it has closed a $150 million investment led by Insight Partners. The Series B deal also included contributions from Index Ventures, IVP, Bessemer Venture Partners and Vine Ventures. It marks the third funding round that Wonderful has raised since launching last year. The Israel-based company ...
Vibe coding startup Replit closes $400M round at $9B valuation
Replit Inc., a startup with an artificial intelligence platform that enables users to create websites and mobile apps, has raised $400 million in funding. The company announced the investment on Wednesday. The capital was provided by a consortium that included Databricks Ventures, Okta Ventures, Shaquille O’Neal, Y Combinator and others. Replit is now valued $9 ...
Microsoft launches Copilot Health to help consumers understand their medical data
Microsoft Corp. is updating its Copilot artificial intelligence assistant with a new tool designed to answer users’ medical questions. Copilot Health became available today through a waitlist open to U.S. adults. Microsoft plans to expand access over time, as well as add support for languages other than English. The updated assistant takes the form of ...
Anthropic launches an institute to tackle AI risks
Anthropic PBC today announced the formation of the Anthropic Institute, a business unit tasked with studying the risks posed by artificial intelligence. The unit will bring three of the company’s existing teams together under the leadership of co-founder Jack Clark. As part of the move, Anthropic has appointed the executive as its head of public ...
Meta debuts internally developed AI chips for inference workloads
Meta Platforms Inc. today revealed that it has designed foour custom chips to power its internal artificial intelligence workloads. The company last provided an update about its processor development efforts in 2024. In April of that year, it revealed a custom AI accelerator with an energy footprint of 90 watts. The most advanced of the ...
Nvidia invests $2B in AI cloud operator Nebius
Nvidia Corp. today announced plans to invest $2 billion in Nebius Group NV, a Dutch cloud provider that specializes in artificial intelligence workloads. The capital will help the company expand its data center infrastructure. Nebius plans to deploy servers equipped with Nvidia’s latest Rubin graphics processing units and Vera central processing units. It will also ...
AI networking startup Nexthop AI raises $500M, launches new switches
Nexthop AI Inc., a startup that develops network equipment for artificial intelligence data centers, has closed a $500 million Series B round. The company said in its funding announcement today that Lightspeed Venture Partners was the lead investor. Andreessen Horowitz, Altimeter and Nexthop AI’s existing backers participated as well. The company is now valued at ...