Maria Deutscher
Latest from Maria Deutscher
Report: SambaNova is raising $350M+ from Intel-backed consortium
Chip startup SambaNova Systems Inc. is in talks to raise more than $350 million from investors, Reuters reported today. The deal is expected to be led by Vista Equity Partners. That’s notable partly because the private equity firm has until now invested solely in enterprise software companies. Its reported change of focus may be motivated ...
Salesforce to stop selling enterprise Heroku subscriptions, scale back upgrades
Salesforce Inc. is shifting resources away from its Heroku platform-as-a-service offering to prioritize other parts of its business. Nitin Bhat, the chief product officer of Heroku, announced the move in a blog post published today. He wrote that Salesforce will stop offering Enterprise Account subscriptions to new customers. The company also plans to scale back ...
Sapiom reels in $15.75M to equip AI agents with payment features
Artificial intelligence tooling startup Sapiom Inc. has raised $15.75 million in seed funding from a consortium led by Accel. The investment, which was announced on Thursday, also included the participation of Alphabet Inc.’s Gradient fund, Anthropic PBC, Coinbase Ventures and Okta Ventures. The tech firms were joined by several institutional backers along with a group ...
Goodfire raises $150M in funding to enhance its AI interpretability platform
Goodfire Inc., a startup working to uncover how artificial intelligence models make decisions, has raised $150 million in funding. B Capital led the Series B round. Goodfire stated in its funding announcement today that the deal also drew contributions from Salesforce Inc., former Google Chief Executive Eric Schmidt and more than a half-dozen others. The ...
Fundamental launches with $255M and an AI model optimized for tabular data
Artificial intelligence startup Fundamental Technologies Inc. launched today with $255 million in initial funding from a group of prominent investors. The company raised the bulk of the capital through a $225 million Series A round led by Oak HC/FT. The firm was joined by Salesforce Ventures, Valor Equity Partners, Battery Ventures and Hetz Ventures. Fundamental ...
OpenAI introduces Frontier agent management platform and new GPT-5.3-Codex model
OpenAI Group PBC today introduced a platform called Frontier that companies can use to build and manage artificial intelligence agents. The offering debuted alongside a new version of the company’s programming-optimized model. GPT-3.3-Codex, as the algorithm is called, is better than its predecessor at not only code generation but also general productivity tasks. Frontier enables ...
Resolve AI raises $125M at $1B valuation to automate application maintenance
Resolve AI Inc., a startup with a platform that makes it easier to fix issues in production applications, has closed a $125 million funding round at a $1 billion valuation. Lightspeed led the Series A investment. Resolve AI said in its announcement of the deal today that Greylock, Unusual Ventures, Artisanal Ventures and A* participated ...
Cerebras raises $1B more for its wafer-size AI chip
Four months after closing a $1.1 billion funding round, chip startup Cerebras Systems Inc. today announced that it has raised an additional $1 billion from many of the same investors. Tiger Global led the Series H deal. It was joined by Advanced Micro Devices Inc., Fidelity Management, Atreides Management, Alpha Wave Global, Altimeter, Coatue, 1789 ...
Voice AI startup ElevenLabs more than triples valuation in $500M round
ElevenLabs Inc., a startup that develops artificial intelligence models optimized to generate and transcribe speech, has raised $500 million in a late-stage funding. Sequoia Capital led the Series D investment. It was joined by Andreessen Horowitz, Iconiq, Lightspeed and several others. ElevenLabs said today that the cash infusion values it at $11 billion, more than ...
Skyryse raises $300M+ for its AI flight control system
Skyryse Inc., the developer of a flight control system with artificial intelligence features, today announced that it has closed a funding round worth more than $300 million. The Series C deal was led by Autopilot Ventures and returning backer Fidelity Management. They were joined by more than a half-dozen other institutional backers. Skyryse is now ...