Maria Deutscher
Latest from Maria Deutscher
Gainsight breach compromises major tech firms’ Salesforce instances
A breach at software provider Gainsight Inc. may have compromised the data of more than 200 Salesforce Inc. customers, including several large tech firms. The cyberattack was disclosed by Salesforce late Wednesday. Today, a Google LLC cybersecurity researcher told TechCrunch that the search giant “is aware of more than 200 potentially affected Salesforce instances.” Atlassian ...
Archetype raises $35M to automate sensor data analysis with AI
Archetype AI Inc., a startup that provides artificial intelligence agents optimized to process sensor data, has raised $35 million in early-stage funding. IAG Capital Partners and Hitachi Ventures led the Series A investment. Archetype stated on Thursday that the round was joined by Bezos Expeditions, the Amazon Industrial Innovation Fund, Samsung Ventures and several others. ...
Genspark raises $275M in funding for its AI productivity suite
Genspark, a startup with a suite of artificial intelligence automation tools for knowledge workers, today announced that it has raised $275 million in funding. The Series C round gives the company a post-money valuation of $1.25 billion. It was led by early Salesforce Inc. backer Emergence Capital Partners with participation from SBI Investment, LG Electronics ...
Google launches Nano Banana Pro image generation model with reasoning features
Three months after releasing its Nano Banana image generator, Google LLC today introduced an improved version that is better at generating complex content such as infographics. The new model is called Nano Banana Pro. It will be available for free in Google’s Gemini artificial intelligence app. Enterprises and consumers with paid Google accounts will receive ...
Report: Trump could sign executive order to preempt state AI laws
U.S. President Donald Trump could reportedly sign an executive order that would limit states’ ability to regulate artificial intelligence. Trump may sign the order as soon as Friday, sources told Politico today. In recent months, California and Oregon have passed AI laws that require model developers to take steps such as disclosing their risk mitigation ...
Nvidia backs $250M funding round for AI music startup Suno
Suno Inc., a startup with a popular music generation service, today announced that it has closed a $250 million Series C investment. Menlo Ventures led the funding round. It was joined by Hallwood Media, Lightspeed, Matrix and Nvidia Corp.’s NVentures startup fund. Suno is now worth $2.45 billion, more than quadruple the valuation it received ...
Multimodal AI developer Luma AI raises $900M in funding
Luma AI Inc., a developer of image and video generation models, today announced that it has closed a $900 million funding round. Saudi artificial intelligence company HUMAIN led the Series C investment. AMD Ventures, Andreessen Horowitz, Amplify Partners and Matrix Partners participated as well. CNBC reported that Luma is now valued at more than $4 ...
EU to revise GDPR, AI Act as part of regulatory simplification push
The European Union has proposed a set of regulatory changes designed to make it easier for companies to comply with the bloc’s AI Act and GDPR privacy law. The European Commission, the EU’s executive arm, announced the initiative today. The legislative updates are expected to save up to €5 billion in administrative costs for businesses ...
Nvidia, Microsoft to invest up to $15B in Anthropic as part of new cloud partnership
Anthropic PBC will raise up to $15 billion in funding from Nvidia Corp. and Microsoft Corp. as part of a partnership the companies announced today. Nvidia is set to provide up to two-thirds of the capital while Microsoft plans to provide the rest. Anthropic, for its part, has committed to leasing $30 billion worth of ...
AI cloud operator Lambda raises $1.5B+ to build data centers
Artificial intelligence infrastructure startup Lambda Inc. today announced that it has closed a late-stage funding round worth more than $1.5 billion. TWG Global, a holding company led by billionaire investors Thomas Tull and Mark Walter, led the Series E transaction. It was joined by Tull’s US Innovative Technology Fund. The latter firm previously led a ...