Maria Deutscher
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OpenAI, Broadcom debut custom Jalapeño chip for AI inference
OpenAI Group PBC today revealed a custom chip called Jalapeño that it will use to power its large language models. The processor is the fruit of a collaboration with Broadcom Inc., which is no stranger to custom silicon design. The company helped Google LLC develop its TPU line of artificial intelligence accelerators. In April, the ...
Upbound open-sources Modelplane to optimize inference clusters
Upbound Inc. today released Modelplane, a new open-source tool for managing artificial intelligence inference clusters. San Francisco-based Upbound is backed by $69 million from Alphabet Inc.’s GV fund, Intel Capital and others. It’s best known as the creator of Crossplane, an open-source infrastructure management engine. It’s an upgraded version of the Kubernetes control plane, a ...
Orderful nabs $35M to streamline supply chain data management
Orderful Inc., a startup using artificial intelligence to make supply chains more efficient, today announced that it has raised $35 million in funding. The Series C round was led by Koch Disruptive Technologies with participation from NewRoad Capital. It brings Orderful’s total outside funding to $85 million. Retailers regularly exchange documents with their suppliers and ...
Blockchain data provider Allium raises $40M in funding
Allium Inc., a startup that provides financial institutions with data about the cryptocurrency market, has raised $40 million in funding. Amplify Partners led the Series A round. Allium stated in its announcement of the deal today that Kleiner Perkins and Theory Ventures participated as well. The raise follows two years in which the company’s revenue ...
AlpSemi raises $19.5M to make semiconducting power switches for AI data centers
French semiconductor startup AlpSemi SAS today announced that it has raised €17 million, or about $19.5 million, in funding. The investment was led by Paris-based private equity firm Yotta Capital. Nasdaq-listed chipmaker Navitas Semiconductor Corp., SE Ventures and Cycle Group contributed as well. Power switches are the core components of circuit breakers, devices that can ...
Prosper AI nabs $30M to help healthcare providers streamline patient interactions
Prosper AI Inc., a provider of artificial intelligence software for healthcare organizations, today announced that it has raised $30 million in funding. The Series A round was led by Andreessen Horowitz. Y Combinator, Base10, Emergence Capital and Company Ventures chipped in as well. The raise follows six months in which Prosper AI grew its sales ...
AI networking provider Upscale AI raises $190M at $2B valuation
Data center networking startup Upscale AI Inc. today announced that it has raised $190 million in fresh funding. The capital was provided as an extension to a $200 million Series A round that the company first closed in January. The new raise was led by Premji Invest with participation from Nvidia Corp., Salesforce Ventures, Seligman ...
Inference chip startup Groq raises $650M to grow its cloud platform
Seven months after inking a $20 billion chip licensing deal with Nvidia Corp., Groq Inc. today announced that it has raised $650 million in funding. Growth investment firm Disruptive and hedge fund Infinitum led the round. Groq has developed a chip design called the LPU that’s specifically optimized for artificial intelligence inference workloads. In December, ...
Elastic reportedly acquires site reliability engineering startup Deductive AI
Elastic NV has reportedly acquired Deductive AI Inc., a startup with a platform that helps enterprises fix errors in their technology infrastructure. TechCrunch on Thursday cited a source as saying that the deal is worth up to $85 million. That’s reportedly more than double the valuation Deductive received after its seed round last year. The ...
US energy regulator moves to speed up data center projects
The U.S. Federal Energy Regulatory Commission has issued a set of orders designed to expedite data center projects. The agency’s five commissioners unanimously approved the directives on Thursday. The orders are part of an initiative that U.S. Energy Secretary Chris Wright launched last year to streamline data center construction. According to the Associated Press today, it’s ...