Maria Deutscher
Latest from Maria Deutscher
Agentic AI startup CrewAI closes $18M funding round
CrewAI Inc., the developer of a popular tool for building artificial intelligence agents, has raised $18 million in funding to support its growth efforts. The startup announced the milestone today. It raised the capital over two rounds: a seed investment led by boldstart ventures and a Series A raise led by Insight Partners. CrewAI’s backers ...
TSMC notifies US of potential attempt to make Huawei chip using its fabs
Taiwan Semiconductor Manufacturing Co. has notified U.S. officials about a potential attempt by a customer to circumvent export controls on chip technology. Reuters and the Financial Times reported the development today. Earlier, sources told The Information that the U.S. Commerce Department is investigating whether TSMC has made artificial intelligence or smartphone chips for Shenzen-based Huawei Technologies ...
Freeform raises $14M to build an AI-powered 3D printing factory
Freeform Future Corp., a startup developing 3D printers for producing metal parts, today announced that it has raised $14 million in funding. The capital came from Nvidia Corp.’s NVentures fund and Boeing Co.’s AE Ventures. Besides providing funding, the two companies will also provide Freeform with other resources such as graphics cards. The startup previously ...
Stripe acquires stablecoin infrastructure startup Bridge
Stripe Inc. today announced plans to buy Bridge Ventures Inc., a startup with a platform for processing stablecoin transactions. The companies didn’t disclose the deal’s financial terms. However, a source told Forbes that Stripe is paying $1.1 billion for Bridge. That’s more than five times the valuation startup reportedly received following a funding round earlier ...
Haiper debuts new flagship video generation model
Haiper Ltd., a venture-backed artificial intelligence startup, today debuted a video generator that can create short clips based on user prompts. Haiper 2.0 is a new iteration of an AI model that the company debuted earlier this year. Compared with the previous release, it generates clips faster and in a more realistic style. Additionally, an ...
Sophos to buy rival cybersecurity provider Secureworks for $859M
Sophos Ltd. is acquiring Secureworks Corp., a fellow provider of cybersecurity software, in a deal worth $859 million. The companies announced the transaction today. It values Secureworks at $8.50 per share, a 28% premium over the software maker’s 90-day volume-weighted average price. The deal is not unexpected: Reports that Secureworks could be acquired have been ...
OpenAI, Microsoft reportedly hire banks to renegotiate partnership terms
OpenAI and Microsoft Corp. have reportedly hired investment banks to help revise the terms of their partnership. The Wall Street Journal today cited sources as saying that OpenAI is being advised by Goldman Sachs. Microsoft, in turn, has reportedly hired Morgan Stanley. The two banks previously participated in a deal that gave the ChatGPT developer ...
H2O.ai releases small language models for multimodal processing tasks
H2O.ai Inc. on Thursday introduced two small language models, Mississippi 2B and Mississippi 0.8B, that are optimized for multimodal tasks such as extracting text from scanned documents. The models are available on Hugging Face under an open-source license. Mountain View, California-based H2O.ai provides a suite of tools for building artificial intelligence applications. Enterprises can use ...
Intel reportedly seeking to sell minority stake in Altera at $17B valuation
Intel Corp. is holding discussions with investors about selling a stake in its Altera chip unit, CNBC reported today. The company is said to have reached out to several potential buyers, including private equity firms, since the start of the week. Intel reportedly hopes to sell a minority stake in Altera for several billion dollars. ...
Google reshuffles product leadership team and two AI units
Google LLC today announced that Prabhakar Raghavan, the executive in charge of its search engine and advertising tools, will move to the role of chief technologist. The development is part of a broader reorganization that affects several of the company’s businesses. Nick Fox, a longtime Google executive, will step into Raghavan’s current role. Meanwhile, two ...