Maria Deutscher
Latest from Maria Deutscher
Gravis Robotics AG, a startup that develops autonomy kits for earthmoving vehicles, has closed a $23 million funding round. IQ Capital and Zacua Ventures led the investment. Gravis stated in its announcement of the deal today that Pear VC, Imad, Sunna Ventures, …
ServiceNow could reportedly acquire cybersecurity startup Veza for $1B+
ServiceNow Inc. is reportedly in advanced talks to acquire Veza Inc., a startup with an identity management platform of the same name. The Information late Wednesday cited sources as saying that the deal could be worth more than $1 billion. That’s more …
Mixpanel breach compromises some OpenAI API users’ account data
A breach at data analytics provider Mixpanel Inc. has compromised the account information of some OpenAI Group PBC users. The ChatGPT developer disclosed the incident on Wednesday. Mixpanel’s namesake analytics platform enables companies to collect data about how users interact with their …
Jeff Bezos’ Project Prometheus reportedly acquires AI startup General Agents
Project Prometheus, a new company co-led by Jeff Bezos, has reportedly acquired a low-profile artificial intelligence startup called General Agents. Wired reported the deal today. The amount of the deal wasn’t revealed. The existence of Project Prometheus was revealed by the New …
Paxos acquires crypto wallet startup Fordefi for $100M+
Paxos Trust Company LLC has acquired Fordefi Inc., a startup with a crypto wallet platform used by more than 200 institutional investors. Fortune reported on Tuesday that the deal is worth more than $100 million. That’s a premium over the $83 million valuation …
Prominent tech executives back $36M round for cybersecurity startup Clover Security
Clover Security Ltd., a new startup that provides cybersecurity software for developers, launched today with $36 million in funding. Notable Capital and Team8 led the round. They were joined by more than a half-dozen other investors including Wiz Inc. co-founders Assaf Rappaport …
Nvidia shares drop on report Meta may buy AI chips from Google
Shares of Nvidia Corp. closed 2.6% lower today following a report that Meta may buy Google LLC’s TPU artificial intelligence chips. Sources told The Information that the tensor processing unit processor deal could be worth billions of dollars. It’s believed Meta may …
Chip startup Rapidus reportedly plans to build 1.4-nanometer fab
Rapidus Corp., a Tokyo-based chip manufacturing startup, reportedly plans to build a fab capable of making 1.4-nanometer processors. Nikkei Asia reported the initiative today. The fab could create more competition for Taiwan Semiconductor Manufacturing Co., which plans to start producing 1.4-nanometer chips …
Financial AI startup Model ML nabs $75M investment
Model ML Inc., a provider of artificial intelligence software for investment professionals, has raised $75 million in funding to support its growth efforts. The startup disclosed today that investment bank FT Partners led the Series A raise. It was joined by QED, …
Nuclear energy startup X-energy raises $700M in funding
X-energy Reactor Co., a startup developing miniature nuclear reactors, today announced that it has raised $700 million in late-stage funding. Jane Street led the oversubscribed Series D investment with participation from more than ten other institutional investors. The deal comes about a …