Maria Deutscher
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Amazon CEO Andy Jassy highlights AI growth in annual shareholder letter
Shares of Amazon.com Inc. rose more than 5% today after Chief Executive Andy Jassy published his latest shareholder letter. The memo is the fifth that Jassy has penned since taking the top post in 2021. Amazon’s first shareholder letter was written by founder Jeff Bezos in 1997, the year the company went public. One potential ...
Anthropic launches Claude Managed Agents to speed up AI agent development
Anthropic PBC today launched Claude Managed Agents, a cloud service that customers can use to build artificial intelligence agents. The company says the offering shortens the development workflow from months to weeks. Deploying a production-grade agent requires software teams to build not only the agent itself but also a significant amount of scaffolding. Developers must ...
Meta debuts Muse Spark multimodal reasoning model
Meta Platforms Inc. today debuted a new reasoning model, Muse Spark, that is highly adept at answering health questions and analyzing multimodal data. The company will roll out the algorithm to its consumer-focused Meta AI artificial intelligence service over the next few weeks. In addition, Meta is making Muse Spark available through developers through an ...
AWS launches Amazon S3 Files to simplify cloud data management
Amazon Web Services Inc. has launched a feature called Amazon S3 Files that will make it easier for customers to manage the data they keep in its cloud. The capability rolled out on Tuesday. Most applications keep their data in a file system or an object storage repository. A file system organizes records into folders. ...
Hypersonic aircraft startup Hermeus raises $350M at $1B valuation
Aerospace startup Hermeus Corp. today announced that it has raised $350 million in equity and debt funding. The bulk of the sum was provided in the form of a $200 million Series C round led by Khosla Ventures. The deal, which also included contributions from more than a half-dozen other backers, valued Hermeus at $1 ...
Data center switch maker Aria Networks raises $125M
Aria Networks Inc., a startup that makes switches for artificial intelligence clusters, has closed a $125 million funding round. The capital was provided by Sutter Hill Ventures, Atreides Management, Valor Equity Partners and Eclipse Ventures. Aria disclosed the raise today in conjunction with the debut of its product portfolio. Deep Networking, as it’s called, is ...
Intel joins Elon Musk’s Terafab chip manufacturing initiative
Shares of Intel Corp. climbed more than 4% today after it announced plans to participate in Elon Musk’s Terafab initiative. Terafab is a collaboration between SpaceX Corp. and Tesla Inc. that was unveiled last month. Its goal is to build a semiconductor manufacturing hub capable of producing chips for satellites, robots and autonomous vehicles. The ...
AI agent security startup Trent AI launches with $13M in funding
Trent AI Ltd., a London-based artificial intelligence security startup, launched today with $13 million in seed funding. LocalGlobe and Cambridge Innovation Capital led the investment. They were joined by executives at Databricks Inc., Stripe Inc. and other tech companies. Trent AI was founded last year by former Amazon Web Services Inc. engineers Eno Thereska, Neil ...
Report: Meta developing open-source versions of upcoming AI models
Meta Platforms Inc. plans to release open-source versions of its next-generation artificial intelligence models, Axios reported today. The company debuted its most capable neural network last April. Llama 4 Maverick, as the algorithm is called, is an open-source large language model with 400 billion parameters. In December, sources told Bloomberg that Meta was planning to ...
OpenAI releases policy document focused on financial impacts and risks of AI
OpenAI Group PBC today released a policy framework with suggestions on how to address the risks posed by artificial intelligence. The 13-page document is titled “Industrial Policy for the Intelligence Age: Ideas to Keep People First.” It’s at least the second such paper OpenAI has published in the past two years. The document’s release follows new reports ...