Maria Deutscher
Latest from Maria Deutscher
World model startup Runway closes $315M funding round
Runway AI Inc. today announced that it has closed a $315 million funding round backed by Nvidia Corp. and AMD Ventures. The lead investor was General Atlantic, which was also the biggest contributor to the company’s previous raise last April. That round reportedly valued Runway at over $3 billion. TechCrunch cited a source as saying ...
OpenAI starts displaying ads to some ChatGPT users in the US
OpenAI Group PBC today started showing ads to some ChatGPT users in the U.S. The move comes a month after the company announced plans to display paid content. At the time, OpenAI stated that it would test a limited number of ad formats and collect feedback to lay the groundwork for a broader rollout. According to ...
Workday stock drops 5%+ after CEO Carl Eschenbach steps down
Workday Inc. today announced that Carl Eschenbach has stepped down from his role as chief executive officer and executive chair. Shares of the company declined more than 5% on the news. The drop came amid a broader selloff in enterprise stocks, which began last week after Anthropic PBC introduced an artificial intelligence tool for automating ...
Databricks closes $7B+ financing round at $134B valuation
Databricks Inc. today announced that it has raised more than $7 billion in equity and debt financing to accelerate its growth efforts. The company first disclosed the investment late last year when it was still in the process of finalizing the financial terms. At the time, Databricks stated that it was raising more than $4 ...
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 ...