Maria Deutscher
Latest from Maria Deutscher
Nvidia Corp. has reportedly bought Hugging Face Inc., a startup with a popular platform for hosting open-source artificial intelligence projects. Reports that an acquisition was in the cards first leaked on Monday. Business Insider broke the news that Hugging Face had received …
Z.ai open-sources ‘Ox Alpha’ model as GLM-5.3-Flash
Z.ai Co. today released the code for GLM-5.3-Flash, a large language model that’s 10 times more cost-efficient than its predecessor. The algorithm made its original debut last week under the codename Ox Alpha. LLM marketplace operator OpenRouter Inc. launched a free hosted …
Deep Cogito raises $43M to develop self-improving AI models
Artificial intelligence startup Deep Cogito Inc. today announced that it has raised $43 million in funding. TQ Ventures led the Series A round. It was joined by Benchmark, Nexus Venture Partners, Atreides Management, South Park Commons and Zscaler Inc., a publicly traded …
Meta settles closely watched social media addiction lawsuit for $18B
Meta Platforms Inc. will pay $18 billion to settle a lawsuit that accused it of making children addicted to Facebook and Instagram. The case was brought in 2023 by 29 state attorneys general. Meta signed today’s settlement with the attorneys general of …
Major record labels, AMD back $76M round for Stability AI
Artificial intelligence developer Stability AI Ltd. today announced that it has raised $76 million in funding from a group of prominent investors. The consortium included Sony Music Group, Universal Music Group and Warner Music Group, the world’s three largest record labels. They …
Perplexity AI launches Portable Computer on-device AI agent
Perplexity AI Inc. today introduced Portable Computer, an artificial intelligence agent designed to run on desktops equipped with Nvidia Corp. silicon. The launch follows a report that Nvidia is weighing an investment in the startup that could value it at over $30 …
Apple refreshes Mac mini, Mac Studio lineups with new chips
Apple Inc. today debuted four custom processors that will power a new generation of Mac computers. The company is bringing to market a new Mac mini miniature desktop and Mac Studio workstation that are both available in two editions. Each edition features …
Robotics AI startup Generalist reportedly raises $200M
Generalist AI Inc., a startup that develops artificial intelligence software for robots, has reportedly raised $200 million in funding. Axios today cited a source as saying that 8VC led the investment. It was reportedly joined by a number of unnamed existing investors. …
Quintessent bags $40M to develop lasers for AI clusters
Optical interconnect startup Quintessent Inc. today announced that it has raised $40 million in early-stage funding to gear up production of its hardware. Cycle Capital led the Series A raise. It was joined by Goldman Sachs, Susquehanna International Group, Osage University Partners …
Trump defends AI data center buildout amid pushback
U.S. President Donald Trump expressed support for data center projects in a radio interview that aired on Sunday. The segment was hosted by former Trump attorney Michael Cohen, who had testified against him in a high-profile 2024 trial. The discussion, which was …