Maria Deutscher
Latest from Maria Deutscher
Velaura AI Inc., a developer of low-power artificial intelligence chips, today announced that it has raised $110 million in funding. Seligman Ventures led the Series A round. It was joined by Samsung Catalyst Fund, Mayfield and more than a half-dozen others. Velaura …
Inference chip startup Etched raises $700M more at $21B valuation
A few weeks after closing a $300 million round backed by Nvidia Corp., Etched Inc. today announced that it has raised an additional $700 million in funding. Investment firm Jane Street led the deal. It was joined by Kleiner Perkins, Sequoia, Andreessen …
Cursor launches Origin code hosting service to compete with GitHub
Cursor today introduced Origin, a cloud service that software teams can use to store their code. The launch marks the company’s first major product update since its $60 billion sale to SpaceX Corp. in June. Cursor develops one of the industry’s most …
AI cloud operator Groq raises $350M more in funding
Artificial intelligence startup Groq Inc. today announced that it has raised $350 million in additional funding. The Series A round was led by returning backer Disruptive. Grok stated that Nvidia Corp. plans to join the round later down the line, but didn’t …
OpenAI leases 10-gigawatt AI data center campus from SoftBank’s SB Energy
OpenAI Group PBC today announced that it has signed a 20-year lease for a sprawling data center cluster in Ohio. The campus is being built on the premises of a former uranium processing plant. The construction project is led by SB Energy, …
Chipmaking equipment supplier Lam Research to spend $3B+ on new labs
Lam Research Corp., a major supplier of chipmaker equipment, plans to spend more than $3 billion over the next five years to enhance its engineering capabilities. The company detailed the initiative on Thursday. Nasdaq-listed Lam sells machines that chipmakers use to produce …
Anthropic details unreleased Model 2, new alignment concerns in latest AI risk report
Anthropic PBC today revealed that it has developed an artificial intelligence model more capable than Claude Mythos 5. The company detailed the algorithm in the latest edition of its AI alignment report. The document, which is published every three to six months, …
Z.ai debuts GLM-5.3 with long-horizon coding, cybersecurity upgrades
Chinese artificial intelligence developer Z.ai Co. today debuted GLM-5.3, an open-source large language model that set records across several popular benchmarks. The LLM is based on an algorithm called GLM-5.2 that the company released in mid-July. The latter model features a mixture …
Insurance software provider Accelerant to be taken private for $4.4B
Accelerant Holdings Inc., a provider of software for the specialty insurance market, has agreed to be taken private by Thoma Bravo. The companies announced the $4.4 billion transaction today. It values Accelerant at $20.25 per share, a 49% premium to its last …
Google launches Gemini 3.7 Flash for coding, AI agent projects
Google LLC today launched its most capable entry-level artificial intelligence model yet. Gemini 3.7 Flash is rolling out three weeks after its predecessor. Despite the short release cycle, Google engineers managed to implement significant output quality improvements. The company says that Gemini …