Maria Deutscher
Latest from Maria Deutscher
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 ...
Grammarly acquires email client developer Superhuman
Grammarly Inc. today announced plans to acquire Superhuman Labs Inc., a venture-backed startup with a popular email client, for an undisclosed amount. San Francisco-based Grammarly provides an artificial intelligence writing assistant of the same name. It can fix spelling and grammatical errors, rewrite sentences and generate new text from scratch. Grammarly says its installed base ...
Elon Musk’s xAI raises $10B to upgrade its AI infrastructure
Elon Musk’s xAI Holdings Corp. has raised $10 billion from investors to finance artificial intelligence initiatives. The deal was announced today by Morgan Stanley, which helped the company raise the funds. The investment comprised $5 billion in equity funding and $5 billion worth of loans. Some of the loans were structured as secured notes, which ...
AI game-changer? Cloudflare lets websites charge AI developers for content access
Cloudflare Inc. today debuted a tool that enables website operators to charge artificial intelligence developers for access to their content. The new pay per crawl feature, as it’s called, is in private beta test. Cloudflare operates a popular content delivery network, or CDN, that website operators use to speed up page loading times. The company ...
Campfire reels in $35M for its AI-powered ERP platform
Campfire Software Inc., a startup with a cloud-based enterprise resource planning platform, today announced that it has raised $35 million in funding. Accel led the Series A investment. It was joined by Y Combinator, Foundation Capital, Capital 49 and a group of angel investors that included multiple chief financial officers from the tech industry. Campfire ...
Oracle wins cloud contract expected to generate $30B+ in annual revenue
Oracle Corp. today disclosed that it has won a cloud contract worth more than $30 billion annually. Shares of the company jumped almost 9% on the news at one point. It ended the trading session up 4%. According to a regulatory filing, the cloud contract is one of several that Oracle has won since April ...
Cato Networks raises $359M in funding for its SASE platform
Cato Networks Ltd., a fast-growing networking and cybersecurity startup, today announced that it has closed a $359 million late-stage investment. The Series G funding round was led by Vitruvian Partners and ION Crossover Partners with participation from multiple returning backers. Tel Aviv-based Cato is now valued at $4.8 billion. The cash infusion comes four months ...
Report: Meta seeking to raise $29B for AI data center construction
Meta Platforms Inc. is reportedly seeking $29 billion from an investor consortium to finance the construction of new data centers. Discussions about the deal are in an advanced stage, sources told the Financial Times today. However, it’s believed that some key transaction terms could still change. Notably, Meta may decide to raise more than $29 ...
New Anthropic initiative will fund research into the economic impact of AI
Anthropic PBC is launching an initiative designed to support research into the economic impact of artificial intelligence and ways to address it. The Anthropic Economic Futures Program, as the project is called, was announced today. It’s designed to complement a similar research initiative that the company kicked off in February. The Anthropic Economic Index, as the ...