Maria Deutscher
Latest from Maria Deutscher
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 ...
Meta debuts $399 AI-powered Oakley Meta HSTN smart glasses
Meta Platforms Inc. today debuted a pair of smart glasses called the Oakley Meta HSTN that will ship with a built-in artificial intelligence assistant. The device is the fruit of a collaboration with sport eyewear maker Oakley. Its parent company, Milan-based Luxottica Group SpA, also helped Meta build its earlier Ray-Ban Meta lineup of AI ...
SpaceX competitor Eutelsat raising €1.35B in new funding
French satellite operator Eutelsat SA today disclosed that it’s raising €1.35 billion in new funding to support growth initiatives in a deal set to close by year’s end. More than half the capital, or €717 million, will be provided by the French government. The rest is set to come from aerospace company Bharti Space, container ship ...
Healthcare technology startup Commure raises $200M ahead of IPO
Commure Inc., a startup that develops software for healthcare organizations, has raised $200 million in funding from General Catalyst. The company announced the investment today. The capital was provided by General Catalyst’s Customer Value Fund, which helps startups finance sales and marketing programs. Commure earlier raised $500 million in funding from Nvidia Corp., Y Combinator ...
Study finds that LLM use leads to ‘likely decrease’ in learning skills
Scientists from the Massachusetts Institute of Technology have determined that using large language models leads to a “likely decrease” in learning skills. Time reported the research team’s findings this week. In a preprint paper, the scientists detailed that the new data is the fruit of a months-long study. The MIT team asked 54 individuals from ...
Midjourney debuts new V1 video generation model
Midjourney Inc. today introduced a new artificial intelligence model, V1, that can generate videos up to 21 seconds in length. San Francisco-based Midjourney launched in 2022 with an initial focus on developing AI image generators. The company’s algorithms are believed to have about 21 million users. It generates revenue by providing access to the models ...