Maria Deutscher
Latest from Maria Deutscher
Tesla shares plunge amid investor concerns over Trump-Musk feud
Shares of Tesla Inc. declined more than 7% today after U.S. President Donald Trump criticized Elon Musk’s plan to launch a new political party. The selloff appears to reflect investor concerns that the feud could negatively affect the automaker’s prospects. In a research note, stock trading company Saxo Markets reportedly highlighted two potential sources of ...
Customer support automation startup Wonderful raises $34M
Wonderful Ltd., a startup that provides artificial intelligence agents optimized for customer support, has raised $34 million in funding. The company disclosed the investment on Wednesday. Index Ventures led the seed round with participation from Bessemer Venture Partners and Vine Ventures. There are numerous tools on the market that use AI to answer customer support ...
Publisher group files EU antitrust complaint against Google over AI Overviews
An industry group that represents publishers has filed an antitrust complaint against Google LLC in the European Union. Reuters reported the development today. The Independent Publishers Alliance, the group behind the antitrust push, submitted its complaint to the European Commission on June 30. The document also has two other signatories. They are The Movement for ...
TSMC reportedly accelerates investment in Arizona chip complex as Samsung delays Texas fab
Taiwan Semiconductor Manufacturing Co. and Samsung Electronics Co. are taking their U.S. fab operations in different directions, according to two new reports. The Wall Street Journal today cited sources as saying that TSMC is accelerating investments in its Arizona fab complex. Samsung, meanwhile, is reportedly delaying the completion of a chip factory in Texas. The ...
Safe Superintelligence CEO Daniel Gross joins Meta’s new AI lab
Meta Platforms Inc. has hired prominent artificial intelligence executive Daniel Gross and may reportedly buy a stake in his venture capital firm. Until last week, Gross (pictured) was chief executive of Safe Superintelligence Inc., a well-funded AI startup. He co-founded the company last year with former OpenAI researchers Ilya Sutskever and Daniel Levy. Sutskever revealed ...
Low-power chip supplier Ambiq Micro files to go public
Ambiq Micro Inc., a company that makes power-efficient processors for connected devices, today filed to go public. The chipmaker didn’t disclose how much capital it hopes to raise or at what valuation. Ambiq plans to list its shares on the New York Stock Exchange under the ticker symbol “AMBQ.” In its IPO filing, the company ...
Qedma raises $26M for its quantum error correction software
Qedma Ltd., a startup working to make quantum computers more reliable, today announced that it has raised $26 million in early-stage funding. Glilot Capital Partners led the Series A round. It was joined by IBM Corp., Korean Investment Partners, TPY Capital and others. Theoretically, qubits can process data exponentially faster than traditional transistors. In practice, ...
Microsoft cuts 9,000 jobs in latest round of layoffs
Microsoft Corp. today launched a round of job cuts that is expected to affect 9,000 employees, or about 4% of its workforce. CNBC reported that the layoffs impact staffers across multiple units, experience levels and locations. Those locations include Microsoft’s home state of Washington. According to a regulatory filing, the company is laying off 830 ...
Bright Data introduces new lineup of AI data tools
Startup Bright Data Ltd. today introduced a suite of software tools designed to help companies collect information from the public web. The first tool, Deep Lookup, lends itself to use cases such as helping salespeople find potential customers. The two other products in the suite are geared toward artificial intelligence developers. They make it easier ...
HPE closes $14B Juniper acquisition following regulatory approval
Hewlett Packard Enterprise Co. has closed its acquisition of Juniper Networks Inc. more than a year after signing the $14 billion deal. The companies announced the milestone this morning. A few days earlier, the U.S. Justice Department ended an antitrust lawsuit that sought to block the transaction. “As a result of both teams’ efforts over ...