Maria Deutscher
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FTC sues Uber over Uber One subscription billing practices
The U.S. Federal Trade Commission today sued Uber Technologies Inc. over a subscription service that it offers to customers of its ride-hailing and food delivery apps. Uber One, as the offering is called, had 30 million users as of Dec. 31. For $9.99 per month, the company waives delivery fees on orders that exceed a ...
Paul Graham criticizes Palantir over ‘ImmigrationOS’ contract with ICE
Prominent tech investor Paul Graham has criticized Palantir Technologies Inc. over a software contract it recently won from the U.S. Immigration and Customs Enforcement. Graham shared an article about the contract in a Thursday post on X. He wrote that “it’s a very exciting time in tech right now. If you’re a first-rate programmer, there ...
AI interpretability startup Goodfire raises $50M in funding
Goodfire AI Inc., a startup that helps developers understand how their large language models work, has raised $50 million in funding to support research initiatives. The company announced the Series A round on Thursday. Menlo Ventures led the investment with participation from Anthropic PBC, Lightspeed Venture Partners and other backers. The cash infusion comes six ...
TSMC tops first-quarter expectations amid continued AI demand
Taiwan Semiconductor Manufacturing Co. customers ordered fewer mobile chips in the first quarter than a year earlier, but the company’s revenue nevertheless managed to top expectations. TSMC today posted sales of 839.25 billion New Taiwanese dollars, or $25.8 billion, for the three months ended March 31. That’s up 41.6% from the same time a year ...
Nvidia CEO Jensen Huang visits Beijing following US chip export restrictions
Nvidia Corp. Chief Executive Officer Jensen Huang visited Beijing today to meet with Chinese officials and the chipmaker’s local customers. According to the Financial Times, DeepSeek founder Liang Wenfeng was among the clients who participated in the discussions. DeepSeek rose to prominence earlier this year after it released a reasoning model called R1. The algorithm, ...
Court rules against Google in advertising technology antitrust case
A federal court today found that Google LLC maintains an illegal monopoly in the advertising technology market. The decision comes less than a year after a similar antitrust ruling against the Alphabet Inc. unit’s search business. In August, a different court determined that Google had breached competition rules with its search and search advertising services. ...
Auradine raises $153M to develop bitcoin mining and AI networking hardware
Data center hardware startup Auradine Inc. today disclosed that it has raised $153 million in a Series C funding round. The investment was led by StepStone Group with participation from Samsung Catalyst Fund, Qualcomm Ventures and several other backers. Auradine’s total outside funding now stands at over $300 million. It disclosed on the occasion that ...
OpenAI launches o3 and o4-mini amid $3B Windsurf acquisition report
OpenAI today launched o3 and o4-mini, the latest additions to its lineup of reasoning-optimized language models. The product milestone came against the backdrop of reports that the company may acquire Windsurf for $3 billion. Windsurf, officially Exafunction Inc., sells popular artificial intelligence coding tools. The company uses OpenAI models to power some of its features. ...
US extends contract to fund the CVE vulnerability database
The U.S. government today extended a contract through which it finances the CVE Program, the cybersecurity industry’s go-to database of software vulnerabilities. The U.S. Cybersecurity and Infrastructure Security Agency announced the move today. According to BleepingComputer, the contract has been extended for 11 months. The move follows warnings earlier this week that federal funding for ...
Hammerspace nabs $100M for its Linux-powered data management platform
Hammerspace Inc., a startup that uses the Linux kernel to provide applications with faster access to data, has closed a $100 million funding round. The company detailed today that the Series B deal was led by Altimeter with participation from ARK Invest and several unnamed backers. Ark Invest also joined Hammerspace’s previous $56 million raise ...