Maria Deutscher
Latest from Maria Deutscher
Chip startup MatX raises $500M to speed up large language models
MatX Inc., a chip startup founded by former Google LLC engineers, has raised $500 million in funding to bring its first product to market. Jane Street and Situational Awareness led the Series B investment. MatX stated today that they were joined by more than a half-dozen others, including chipmaker Marvell Technology Inc. and Stripe Inc.’s ...
Edge AI chip startup Axelera AI raises $250M+ funding round
Axelera AI BV, a Dutch supplier of artificial intelligence chips for edge devices, today announced that it has raised more than $250 million in funding. Amsterdam-based venture capital firm Innovation Industries led the investment. It was joined by BlackRock, Samsung Catalyst Fund and several others. Axelera AI’s flagship product is an AI chip called Metis ...
AMD shares jump 8% on $100B+ AI chip deal with Meta
Shares of Advanced Micro Devices Inc. rose 8% today after it announced plans to supply Meta Platforms Inc. with billions of dollars worth of chips. The Facebook parent will also receive the option to buy an up to 10% stake in AMD. As part of the deal, Meta has received a stock warrant that will allow ...
Pure Storage to rebrand as Everpure, acquire data management startup 1touch
Pure Storage Inc. today announced a rebrand and a startup acquisition designed to enhance its data management capabilities. Starting next Thursday, the data storage provider will operate under the name Everpure. The company won’t change its ticker symbol from PSTG, but will refresh its product names to reflect the new branding. Its Pure Storage Platform, ...
IBM, DoorDash shares drop as tech selloff continues
Shares of IBM Corp., DoorDash Inc. and other software companies closed lower today following another broad decline in tech stocks. The selloff is the latest in a series to have hit the information technology industry since Anthropic PBC released Claude Workspace plugins on Jan. 30. A plugin is a collection of prompts, datasets and scripts ...
Space networking startup Aalyria nabs $100M investment
Aalyria Technologies Inc., a developer of space-based communications technology, today announced that it has raised $100 million at a $1.3 billion valuation. The investment was led by Battery Ventures and J2 Ventures. It comes four years after Livermore, California-based Aalyria spun off from Alphabet Inc.’s X research lab. The Google parent will reportedly retain a ...
Google could reportedly invest $100M in AI cloud operator Fluidstack
Cloud startup Fluidstack Ltd. is reportedly in talks with Google LLC about a $100 million investment. The Wall Street Journal today cited sources as saying that the deal could value Fluidstack at $7.5 billion. According to Forbes, the low-profile startup previously raised about $25 million in equity funding over two rounds. It has also secured ...
Cybersecurity stocks drop after Anthropic debuts Claude Code Security
Shares of several major cybersecurity providers dropped today after Anthropic PBC introduced a tool for finding software vulnerabilities. The offering is called Claude Code Security. It’s available as a limited research preview in the Enterprise and Teams editions of Anthropic’s Claude artificial intelligence service. Additionally, the company plans to provide “expedited access” for open-source project ...
AI code translation startup Code Metal reels in $125M at $1.25B valuation
Code Metal Inc., a startup with a platform that translates code between programming languages, has closed a $125 million investment. The company disclosed in its Thursday funding announcement that it’s now valued at $1.25 billion. That’s up from $250 million in November. Salesforce Ventures led the raise with participation from Accel, B Capital, Smith Point ...
Taalas raises $169M in funding to develop model-specific AI chips
Taalas Inc., a startup that develops chips optimized to run specific artificial intelligence models, has raised $169 million in funding. Reuters reported today that the company’s backers include Quiet Capital, Fidelity and prominent semiconductor investor Pierre Lamond. The round brings Taalas’ total outside funding to more than $200 million. The company’s first product is a ...