Maria Deutscher
Latest from Maria Deutscher
Simile Inc., a startup that’s using artificial intelligence to generate digital twins of individuals, has raised $100 million in funding. Lead investor Index Ventures announced the deal in a blog post published today. The venture capital firm was joined by several other …
Anthropic closes $30B round after annualized revenue tops $14B
Six months after closing a $13 billion investment, Anthropic PBC today announced that it has raised an additional $30 billion at a $380 billion valuation. Singapore’s GIC sovereign wealth fund and Coatue led the round. They were joined by more than 30 …
Check Point announces three startup acquisitions after mixed quarter
Check Point Software Technologies Ltd. has acquired three venture-backed startups to enhance its cybersecurity capabilities. The company announced the deals, which are reportedly worth $150 million, today in conjunction with the release of its earnings report. Check Point significantly exceeded profit expectations …
GlobalFoundries shares soar 16% on strong quarterly results, guidance
GlobalFoundries Inc.’s shares closed 16% higher today after the chipmaker posted fourth-quarter results that topped the consensus estimate. The company’s forecast also surpassed expectations. Another likely contributor to its share price gains is that it announced a $500 million share buyback program …
Fusion power startup Inertia raises $450M round backed by GV
Startup Inertia Enterprises Inc. today announced that it has raised $450 million in funding to build a laser-powered fusion reactor. Bessemer Venture Partners led the round. It was joined by Alphabet Inc.’s GV fund, Modern Capital, Threshold Ventures and others. Inertia was …
Photonic AI chip startup OLIX nabs $220M investment
OLIX Computing Ltd., a startup developing an artificial intelligence chip with integrated optical components, has raised $220 million in funding. The Financial Times reported today that the investment was led by Belgian venture capital firm Hummingbird Ventures. The deal values U.K.-based OLIX …
Report: AI model compression startup Multiverse seeking €500M funding round
Multiverse Computing SL, a startup with technology that reduces the hardware footprint of artificial intelligence models, is reportedly raising new capital. Sources told Bloomberg today the Spanish company is seeking €500 million, or about $594.4 million. The round is expected to value …
Entire launches with $60M to build an AI-focused code management platform
Entire Inc., a startup led by former GitHub Chief Executive Thomas Dohmke, launched today with $60 million in funding. Felicis led the seed round with participation from Microsoft Corp.’s M12 fund, Madrona and other venture capital firms. They were joined by several …
World model startup Runway closes $315M funding round
Runway AI Inc. today announced that it has closed a $315 million funding round backed by Nvidia Corp. and AMD Ventures. The lead investor was General Atlantic, which was also the biggest contributor to the company’s previous raise last April. That round …
OpenAI starts displaying ads to some ChatGPT users in the US
OpenAI Group PBC today started showing ads to some ChatGPT users in the U.S. The move comes a month after the company announced plans to display paid content. At the time, OpenAI stated that it would test a limited number of ad formats …