Maria Deutscher
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OpenRouter nabs $40M in funding for its AI inference API
OpenRouter Inc., a startup working to ease the development of artificial intelligence applications, today announced that it has secured $40 million in funding. The company raised the capital over two rounds. They were led by Andreessen Horowitz and Menlo Ventures with participation from Sequoia Capital, as well as multiple angel investors. AI providers such as ...
Rubrik acquires AI model tooling startup Predibase for reported $100M+
Rubrik Inc. today announced plans to acquire Predibase Inc., a startup that develops software for fine-tuning large language models. CNBC reported that the deal is worth $100 million to $500 million. That represents a major exit for Predibase’s investors, who had provided the company with about $28 million in funding prior to the sale. NYSE-listed ...
Medical AI startup Abridge closes $300M investment at $5.3B valuation
Medical software developer Abridge Inc. today disclosed that it has raised a $300 million funding round led by Andreessen Horowitz. The investment, which also included the participation of Khosla Ventures, values the startup at $5.3 billion. That’s nearly double what it was worth following its previous funding round in February. The milestone follows a quarter ...
Google donates Agent2Agent Protocol to the Linux Foundation
Google LLC’s cloud unit has donated the Agent2Agent Protocol, a technology that facilitates interactions between artificial intelligence agents, to the Linux Foundation. The search giant announced the move on Monday at the Open Source Summit North America conference in Denver. “This move is designed to accelerate the adoption and development of the A2A protocol by ...
UK regulator proposes giving Google ‘strategic market status’ under new antitrust law
The U.K.’s antitrust watchdog has proposed designating Google LLC as a company with “strategic market status,” a move that could potentially expose it to closer regulatory scrutiny. The Competition and Markets Authority, or CMA, detailed the plan today. The development relates to a U.K. law called the DMCC Act that went into effect at the ...
Superconducting chip startup Snowcap Compute reels in $23M
Snowcap Compute Inc., a startup that plans to make processors from semiconducting materials, has raised $23 million in funding. Playground Global led the seed investment with the participation of Cambium Capital and Vsquared Ventures. In conjunction with its announcement of the raise today, Snowcap disclosed that former Intel Corp. Chief Executive Officer Pat Gelsinger has ...
Harvey raises $300M in funding for its legal AI assistant
Harvey, a developer of artificial intelligence software for legal professionals, today announced that it has raised $300 million in a new late-stage funding. The Series E investment was led by Kleiner Perkins and Coatue. They were joined by more than a half-dozen other backers, including Alphabet Inc.’s GV investment arm, the Open AI Startup Fund ...
Ready or not, Tesla launches autonomous taxi service in Austin with Model Y vehicles
Shares of Tesla Inc. rose more than 8% today after the company launched a small-scale pilot of its autonomous taxi service in Austin. The company currently offers access to about 10 self-driving Model Y SUVs, according to TechCrunch. The Model Y (pictured) has a maximum range of more than 330 miles and up to seven ...
Lenovo introduces new AI-optimized data center systems
Lenovo Group Ltd. today introduced a collection of data center systems optimized to run artificial intelligence workloads. The product additions are headlined by a compute appliance called the ThinkSystem SR680a V4. According to Lenovo, it combines nearly two dozen processors in an air-cooled chassis. Those chips enable the appliance to run inference workloads up to ...
Report: Apple has held internal discussions about acquiring Perplexity
Apple Inc. executives have held discussions about buying Perplexity AI Inc., Bloomberg reported today. The publication cited sources as saying that the talks are in an early stage and may not lead to an acquisition. Perplexity reportedly received a $14 billion valuation in a recent funding round. To be accepted, any takeout offer made by ...