Maria Deutscher
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CoreWeave inks multiyear cloud deal with Anthropic
CoreWeave Inc. today announced that it has won a multiyear contract to supply Anthropic PBC with cloud infrastructure. The company’s shares closed 11% higher on the news. The data center capacity commissioned by Anthropic developer will start coming online later this year. CoreWeave said the infrastructure will “support the development and deployment of Anthropic’s Claude.” ...
AI training data startup AfterQuery nabs $30M investment
Artificial intelligence data provider AfterQuery Inc. has raised $30 million in funding at a $300 million valuation. The startup disclosed in its Thursday announcement of the deal that Altos Ventures was the lead investor. Y Combinator, The Raine Group and BoxGroup chipped in as well. San Francisco-based AfterQuery provides datasets that AI developers use to ...
RISC-V chip design startup SiFive nabs $400M investment
SiFive Inc., a startup that sells chip designs based on the open-source RISC-V architecture, has raised $400 million in funding at a $3.65 billion valuation. Atreides Management led the Series G round. SiFive said in today’s funding announcement that Nvidia Corp., enterprise technology investor Apollo and other institutional backers contributed as well. The company’s total ...
Intel inks multiyear data center chip partnership with Google
Google LLC will adopt multiple future iterations of Intel Corp.’s Xeon processor series as part of a collaboration announced today. Shares of the chipmaker closed 4.7% higher on the news. Google will deploy the chips in its cloud platform. They will power artificial intelligence models and general-purpose workloads. Google Cloud already uses Xeon 6, Intel’s ...
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 ...