Maria Deutscher
Latest from Maria Deutscher
Food delivery startup Gopuff reportedly raising $1.5B
Fast-growing food delivery startup Gopuff is raising a $1.5 billion investment only months after announcing its previous $1 billion funding round, Axios and Reuters reported today. The investment is described as a convertible note led by Guggenheim Partners. The notes could reportedly turn into shares at a maximum valuation of $40 billion. Overall, Gopuff has raised ...
OctoML introduces ultra-efficient AI models in latest platform release
OctoML Inc. today introduced a new release of its artificial intelligence platform that includes a collection of highly efficient neural networks. The neural networks are optimized versions of popular open-source AI models that OctoML has fine-tuned. According to the startup, the optimized versions cost less to run than the original AI models and require less ...
Gtmhub raises $120M to help companies manage business initiatives
Startup Gtmhub Inc., whose platform helps companies such as Adobe Inc. manage business initiatives, today announced it has closed a $120 million funding round led by Index Ventures. Gtmhub says that the round is the largest ever raised in the part of the enterprise software where it competes, which is known as the OKRs segment. The ...
IBM and Samsung detail ‘breakthrough’ vertical transistor architecture
IBM Corp. and Samsung Electronics Co. Ltd. on Tuesday detailed a new transistor architecture that they believe could provide twice the performance of current technology using the same amount of electricity. The architecture is known as VTFET, short for Vertical-Transport Nanosheet Field Effect Transistor. IBM is touting the technology as a “breakthrough in semiconductor design.” ...
Rigetti debuts multichip quantum processor with 80 qubits
Rigetti & Co. Inc. has built what it says is the world’s first commercial quantum processor to feature a multichip design. The startup today detailed the processor, known as the Aspen-M. In tests carried out by Rigetti, the processor managed to run a quantum algorithm described as too complex to be simulated using classical computers. The ...
Signal AI raises $50M for its ‘decision augmentation’ platform
Startup Signal AI has raised $50 million in funding to boost its “decision augmentation” platform, which uses artificial intelligence to help companies track important business developments such as changes in customer sentiment. Signal AI, incorporated as Signal Media Ltd., announced the funding round today. Highland Europe led the investment with participation from abrdn and several ...
Cloud security startup Ermetic closes $70M funding round
Cloud cybersecurity specialist Ermetic Ltd. today disclosed that it has closed a $70 million funding round by Qumra Capital. The Series B round also included the participation of Forgepoint Capital and several existing investors. Ermetic, which has offices in Palo Alto, California, and Israel, will use the funding to grow its engineering team. The startup ...
GitLab acquires open-source observability startup Opstrace
Publicly traded development tooling company GitLab Inc. today announced that it has bought Opstrace Inc., a startup with an observability platform for detecting technical issues in cloud environments. Financial terms were not disclosed. The acquisition is the first to be announced by GitLab since its initial public offering in October, which raised about $650 million. ...
OpenAI rolls out feature for creating customized versions of GPT-3
OpenAI LLC today introduced a new feature that will enable developers to create custom versions of GPT-3, its powerful natural language processing model. OpenAI provides GPT-3 through an application programming interface with on-demand pricing. Developers can integrate the API into their applications to perform tasks such as translating text and generating software code. The new ...
Report: At risk of debt default following sanctions, NSO Group is exploring a sale
Israeli cybersecurity firm NSO Group Ltd. is at risk of defaulting on its debt and is considering a sale, Bloomberg reported on Monday afternoon. A sale is believed to be one of several options under consideration. Another option that has been floated, according to the report, could involve NSO Group pursuing debt refinancing. NSO Group ...