Maria Deutscher
Latest from Maria Deutscher
Hotel software maker Mews nabs $300M at $2.5B valuation
Mews Systems BV, a Dutch startup that develops software and payment terminals for hotel operators, has raised $300 million in funding. The company stated on Thursday that EQT Growth led the Series D round. It was joined by Atomico, HarbourVest Partners, Kinnevik, Battery Ventures and Tiger Global. Mews is now valued at $2.5 billion. The ...
Report: Databricks raises $1.8B in debt financing
Databricks Inc. has raised $1.8 billion in debt financing from a group of institutional investors, Bloomberg and CNBC reported today. The funds were provided in two tranches. Databricks received the bulk of the sum, $1.15 billion, through an extension to an existing revolving credit facility. Most of the remaining debt arrived in the form of ...
Fei-Fei Li’s World Labs reportedly raising funding at $5B valuation
Artificial intelligence developer World Labs Inc. is reportedly in talks to raise up to $500 million from investors. Sources told Bloomberg late Thursday that the startup, which is led by AI pioneer Fei-Fei Li, could receive a valuation of $5 billion in the round. That’s $4 billion more than in 2024. The sources added that ...
Inferact launches with $150M in funding to commercialize vLLM
A group of artificial intelligence researchers today launched Inferact Inc., a new startup that will commercialize the open-source vLLM project. The company is backed by $150 million in seed funding. Andreessen Horowitz and Lightspeed led the round with participation from Databricks Inc.’s venture capital arm, UC Berkeley Chancellor’s Fund and several other backers. Their investment ...
Google brings its Personal Intelligence personalization technology to AI Mode
A week after introducing a new personalization tool for its Gemini chatbot, Google LLC today brought the technology to its flagship search engine. The feature, which is called Personal Intelligence, is initially available to U.S. users with Google AI Pro and Ultra accounts. Google AI is a subscription offering that gives consumers to the company’s ...
Industrial cybersecurity startup Claroty nabs $150M funding round
Claroty Ltd., a startup that helps companies protect their industrial equipment from hackers, has secured $150 million in new funding. Golub Growth led the investment with participation from several unnamed returning backers. Calcalist reported today that the raise boosted Claroty’s valuation by 80%, to $3 billion. According to the publication, the company’s annual revenue is in ...
Anthropic releases new AI ‘constitution’ for Claude
Anthropic PBC today released a new version of Claude’s constitution, a document that outlines how the large language model series should process prompts. The company published the original version of the file in May 2023. The document contained instructions designed to prevent Claude from generating harmful or unhelpful output. Anthropic determined that those instructions had ...
Upscale AI raises $200M to develop scale-up AI networking chips
Upscale AI Inc., a developer of networking chips for artificial intelligence clusters, has raised $200 million in funding. The startup disclosed in its announcement of the round today that Tiger Global, Premji Invest and Xora Innovation were the lead investors. They were joined by the venture capital arms of Intel Corp. and Qualcomm Technologies Inc. ...
Healthcare AI startup OpenEvidence raises $250M at $12B valuation
OpenEvidence Inc., a startup that develops artificial intelligence software for physicians, today disclosed that it has raised $250 million in funding. Thrive Capital and DST Global led the investment. It values OpenEvidence at $12 billion, more than 10 times what the company was worth after its first funding round last February. The startup has raised ...
Vibe coding startup Emergent triples valuation in $70M funding round
Vibe coding startup Emergent Labs Inc. today announced that it has closed a $70 million funding round led by Khosla Ventures and SoftBank Vision Fund 2. The Series B deal comes only three months after the company’s previous raise. According to TechCrunch, it tripled Emergent’s valuation to about $300 million. The strong investor interest in ...