Maria Deutscher
Latest from Maria Deutscher
AI coding assistant startup Cognition acquires rival Windsurf
Cognition AI Inc., a well-funded startup with an artificial intelligence coding assistant, today announced plans to buy rival Windsurf. The terms of the deal were not disclosed. The sale caps off an eventful few months for Windsurf. The startup, which is incorporated as Exafunction Inc., reportedly received a $3 billion takeover bid from OpenAI in ...
Meta to invest ‘hundreds of billions’ in new multi-gigawatt AI data centers
Meta Platforms Inc. will invest hundreds of billions of dollars in new data centers, Chief Executive Officer Mark Zuckerberg announced today. The facilities will support the company’s artificial intelligence development efforts. Last month, it launched a new AI unit called Meta Superintelligence Labs to lead the effort. The group includes prominent machine learning researchers that ...
Google reveals plans to combine ChromeOS and Android
Google LLC plans to merge its ChromeOS and Android operating system, a company executive revealed on Friday. Sameer Samat, the president of the Android ecosystem, divulged the plan in an interview with TechRadar. He stated that “we’re going to be combining ChromeOS and Android into a single platform.” Samat didn’t go into detail, but earlier ...
Elon Musk’s xAI reportedly raising new funding at up to $200B valuation
Weeks after its last funding round, xAI Holdings Corp. is reportedly in talks to raise new capital at a valuation of $170 billion to $200 billion. The Financial Times today cited sources as saying that Saudi Arabia’s PIF sovereign wealth fund is expected to play a “large role” in the investment. It’s unclear who are ...
Data security startup Virtru raises $50M in funding
Virtru Inc., a startup that helps enterprises prevent unauthorized access to their data, has secured $50 million in Series D funding. Fortune reported the investment today. Iconiq led the round with participation from Bessemer Venture Partners, Foundry and The Chertoff Group. Washington, D.C.-based Virtru launched in 2012 to commercialize an open-source file format known as ...
LGND raises $9M to help AI models analyze geospatial data
LGND AI Inc. has raised $9 million in funding to enhance its namesake cloud platform, which helps artificial intelligence models process satellite images. The startup announced the seed round on Thursday. It was led by Javelin Venture Partners with participation from AENU, Clocktower Ventures, Coalition Operators, MCJ, Overture, Ridgeline and Space Capital. A number of ...
Report: Amazon weighing new multibillion-dollar investment in Anthropic
Amazon.com Inc. executives have reportedly held discussions about making a new investment in Anthropic PBC. The Financial Times on Wednesday cited sources as saying that the funding round could be worth billions of dollars. Amazon has already invested about $13.8 billion in Anthropic, mainly in the form of convertible notes. A convertible note is a loan ...
New FlexOlmo language model design removes need for sharing of training data
A team of researchers has invented a new approach to developing language models that can improve the privacy of training data. The researchers, who work at the Allen Institute for Artificial Intelligence, detailed the technology on Wednesday. They’ve named it FlexOlmo. The better the dataset with which a neural network is trained, the better its ...
Elon Musk’s xAI sets AI benchmark records with new reasoning-optimized Grok 4 model
Elon Musk’s xAI Holdings Corp. has debuted a new large language model, Grok 4, that’s optimized for reasoning tasks such as generating code. The LLM’s late Wednesday launch followed a turbulent week for the company. A few hours before the product announcement, X Chief Executive Officer Linda Yaccarino resigned. Earlier, the artificial intelligence chatbot built ...
MaintainX nabs $150M for its equipment maintenance platform
MaintainX Inc., a startup working to make industrial equipment more reliable, today announced that it has raised $150 million in funding. The Series D round included the participation of Bessemer Venture Partners, Bain Capital Ventures and more than a half-dozen others. MaintainX is now valued at $2.5 billion. That’s up from the $1 billion it ...