Maria Deutscher
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PostgreSQL database specialist Supabase snags $100M in funding
Five months after Databricks Inc. acquired one of its main rivals for $1 billion, Supabase has raised $100 million in late-stage funding to build a database tool dubbed Multigres. Announced today, the Series E investment was led by Accel and Peak XV. Supabase is now worth $5 billion. After its previous $200 million round in ...
AI translation startup DeepL reportedly weighing $5B IPO
DeepL SE, a German developer of artificial intelligence translation software, is reportedly considering to go public on a U.S. stock exchange. The company received a $2 billion valuation following a $300 million funding round last March. Citing sources familiar with the matter, Bloomberg reported today that DeepL is seeking a market capitalization of up to ...
OpenAI reportedly closes new $6.6B secondary sale at $500B valuation
OpenAI has recently concluded a secondary sale that valued it at $500 million, multiple publications reported today, making it the highest-valued privately held company ever. CNBC cited sources as saying that the ChatGPT developer first approached current and former employees about the deal early last month. Originally, OpenAI planned to make $10.3 billion shares available to ...
Salesforce launches new AI data governance features, Agentforce Vibes coding tool
Salesforce Inc. has introduced a collection of new tools designed to support customers’ artificial intelligence initiatives. The first set of features, which debuted today, will help organizations manage the data they use to power their AI models. Salesforce says that the new capabilities make it easier to secure AI models’ data and ensure their prompt ...
Thinking Machines launches Tinker language model fine-tuning service
Thinking Machines Lab Inc., the artificial intelligence startup led by former OpenAI executive Mira Murati, today introduced its first commercial offering. Tinker is a cloud-based service that developers can fine-tune, or customize, AI models. It supports more than a half-dozen open-source large language models on launch. Thinking Machines Chief Executive Officer Mira Murati (pictured) launched the startup in ...
Periodic Labs raises $300M to accelerate scientific research with AI
Periodic Labs Inc., an artificial intelligence startup working to speed up scientific research, has raised $300 million in funding. Andreessen Horowitz led the seed investment with participation from Nvidia Corp., Accel and DST. Periodic Labs said in its announcement of the deal on Tuesday that several prominent tech industry figures contributed as well. The group ...
Google debuts Gemini for Home and new smart home devices
Google LLC today refreshed its smart home portfolio with several new devices and an artificial intelligence assistant called Gemini for Home. Gemini for Home is set to replace Google Assistant in the company’s smart home devices. It will be available in not only the new gadgets the Alphabet Inc. unit debuted today but also every ...
OpenAI introduces new Sora 2 video generator and Sora social app
OpenAI today debuted a new video generation model that it says can render clips too complicated for earlier algorithms. The model, Sora 2, will be available in ChatGPT and via an application programming interface. It also powers a new consumer-powered social app called Sora. Sora 2 is the successor to an eponymous video generator that ...
Amazon debuts new Echo devices, Kindle Scribe e-readers and Alexa+ features
Amazon.com Inc. today introduced four new additions to its Echo line of smart home devices and refreshed its Kindle Scribe e-reader. The gadgets, which are rolling out alongside enhancements to Alexa+, made their debut at the company’s annual consumer hardware event in New York. Amazon’s first device, the Echo Dot Max, is an entry-level smart ...
Eve raises $103M to make law firms more efficient with AI
Eve, a startup with a software platform designed to help law firms operate more efficiently, today announced that it has closed a $103 million investment. Spark Capital led the Series B round. It was joined by Andreessen Horowitz, Lightspeed Venture Partners and Menlo Ventures, which previously backed a $47 million round for Eve in January. ...