Maria Deutscher
Latest from Maria Deutscher
Cloudflare outage briefly takes ChatGPT, Claude and other services offline
Cloudflare Inc. experienced an hours-long outage today that took several popular services offline. OpenAI Group PBC’s ChatGPT and Sora were among the impacted applications. Claude, Shopify and the website of New Jersey’s public transportation system reportedly experienced issues as well. The downtime lasted for about five and a half hours. Cloudflare operates a content delivery ...
Cloudflare acquires AI deployment startup Replicate
Cloudflare Inc. has acquired Replicate Inc., a startup with software that makes it easier to deploy artificial intelligence models in production. The companies announced the transaction today without disclosing its financial terms. Replicate previously raised more than $23 million in funding from Y Combinator, Sequoia Capital and other backers. Large language models depend on various ...
Financial technology startup Ramp closes $300M investment at $32B valuation
Ramp Business Corp. today announced that it has closed a $300 million funding round at a $32 billion valuation, double what it was worth in June. The raise is the company’s third in five months. Returning investor Lightspeed Venture Partners led the financing. It was joined by nearly 30 other institutional backers, six of which ...
Report: Startup co-led by Jeff Bezos raises $6.2B to develop ‘AI for the physical economy’
Jeff Bezos has launched an artificial intelligence startup called Project Prometheus, the New York Times reported today. The company is reportedly backed by $6.2 billion in funding from Bezos and other investors. It’s unclear whom those other investors are, when Project Prometheus was founded or where it’s headquartered. However, the Times’ sources did divulge certain ...
AWS develops AI agents to speed up AWS ProServe consulting projects
Amazon Web Services Inc. today debuted a set of artificial intelligence agents that will help streamline the work of its professional services group. The group is known as AWS Professional Services, or ProServe for short. It helps customers move legacy workloads to the cloud giant’s platform. ProServe also builds greenfield applications using AWS services. According ...
Google to spend $40B on data center infrastructure in Texas
Google LLC today announced plans to spend $40 billion through 2027 on a network of data centers in Texas. The company will build three new facilities as part of the project. One will be located in Armstrong County, the other two in Haskell County. The latter locale is about an hour’s drive from the city ...
AI infrastructure startup Firmus raises $327M to build data centers in Australia
Firmus Technologies Pty Ltd., a startup that plans to build a network of artificial intelligence centers in Australia, has raised $327 million from investors. The company announced the funding round today. Reuters reported that the investment included contributions from Nvidia Corp. and Sydney-based fund Ellerston Capital. Firmus is now valued at $3.9 billion. The cash ...
Quantum software startup Classiq raises new funding from AMD, Qualcomm
Classiq Technologies Ltd., a maker of quantum software development tools, today announced that it has raised “tens of millions of dollars” in new funding. The capital was provided as an extension to a Series C round the company first closed in May. The initial $110 million funding tranche marked the largest-ever raise for a quantum ...
Nvidia, Google back $2.3B round for AI code editor startup Cursor
Cursor, the developer of a widely used artificial intelligence code editor, has closed a $2.3 billion later-stage investment at a $29.3 billion valuation. Accel and Coatue led the Series D round. They were joined by Google LLC, Nvidia Corp., Thrive, Andreessen Horowitz and DST. Cursor disclosed in its funding announcement today that its annualized revenue ...
Salesforce acquires AI search startup Doti
Salesforce Inc. today announced plans to acquire Doti Ltd., a startup with an artificial intelligence search platform for enterprises. CTech estimated the value of the deal for Israel-based Doti at $100 million, but Salesforce declined to provide information on how much the acquisition was for. The company previously raised $7 million in funding. Doti provides an ...