Maria Deutscher
Latest from Maria Deutscher
AI-powered drug development startup Pathos AI closes $365M investment
Pathos AI Inc., a startup using artificial intelligence to develop new oncology drugs, today announced that it has raised $365 million in a late-stage funding. The company didn’t disclose the investors in the Series D round. According to FierceBiotech, the raise included the participation of both new and existing Pathos backers. The company, which is ...
Trump takes issue with Apple’s manufacturing investments in India
U.S. President Donald Trump told Apple Inc. Chief Executive Officer Tim Cook that he disapproves of the company’s supply chain buildout in India. “I said to Tim, I said, ‘Tim look, we treated you really good, we put up with all the plants that you build in China for years, now you got build us,’” ...
Google DeepMind develops AlphaEvolve AI agent optimized for coding and math
Alphabet Inc.’s Google DeepMind unit today detailed AlphaEvolve, an artificial intelligence agent that can tackle complex programming and math challenges. The company says that it has used AlphaEvolve to make its data centers more efficient. Additionally, the AI agent is showing promise as a tool for mathematical research and chip development. AlphaEvolve carries out processing ...
Patronus AI debuts new Percival tool for fixing AI agent malfunctions
Startup Patronus AI Inc. today debuted a tool called Percival that promises to help developers more quickly fix issues in artificial intelligence agents. Patronus AI is backed by $20 million in funding from Datadog Inc., Lightspeed and other backers. Its flagship product is a platform that helps developers find the most suitable language model for ...
Databricks buys serverless database startup Neon for reported $1B
Confirming recent reports, Databricks Inc. today announced that it’s acquiring Neon Inc. to enhance its cloud data platform, in a deal the Wall Street Journal reported is worth about $1 billion. San Francisco-based Databricks received a $62 billion valuation after its most recent funding round last year. The company’s namesake platform enables organizations to store data, ...
Microsoft to lay off 6,000 workers, 3% of staff, in new restructuring initiative
Two years after its last major round of layoffs, Microsoft Corp. today disclosed plans to let go about 6,000 employees. The affected staffers represent 3% of the company’s workforce. CNBC reported that the cuts will affect staffers across “all levels, teams and geographies.” CBS News learned that the restructuring initiative will place an emphasis on reducing ...
Celonis adds new AI, data management features to its business process platform
Celonis SE is extending its namesake software platform with new features that promise to help companies operate more efficiently. The German startup, which is backed by more than $1.7 billion in funding, announced the enhancements today at its Celonis:Next event. A sizable portion of the work that a company’s employees perform follows standardized procedures. Celonis’ ...
Kong debuts Kong Event Gateway for managing real-time data streams
Kong Inc. today introduced Kong Event Gateway, a new tool for managing real-time data streams powered by Apache Kafka. San Francisco-based Kong received a valuation of more than $2 billion in a funding round last year. It provides a platform called Konnect that helps develops build, manage and secure application programming interfaces. Kong says that ...
Riverbed introduces new SteelHead 90 network acceleration appliances
Riverbed Technology LLC today introduced a new line of hardware appliances designed to speed up enterprise networks. The SteelHead 90 series, as the product family is called, comprises four devices. They’re powered by an operating system called RiOS 10. It uses Intel Corp.’s TDX virtual machine isolation technology to secure sensitive data. Redwood City, California-based ...
Financial technology startup Stash reels in $146M
Stash Financial Inc., a startup with a popular subscription-based investing platform, today announced that it has raised $146 million in funding. Goodwater Capital led the Series H round. It was joined by Union Square Ventures, StepStone Group, Serengeti, the University of Illinois Foundation and T. Rowe Price. The investment brings Stash’s total funding to more ...