Maria Deutscher
Latest from Maria Deutscher
Endpoint management startup NinjaOne raises $500M at $5B valuation
NinjaOne LLC, a startup with a platform that helps enterprises manage their employees’ devices, has secured $500 million in fresh funding. The company detailed today that the capital was provided as an extension to a Series C round it announced last year. Alphabet Inc.’s CapitalG startup fund and ICONIQ Growth led the new investment. NinjaOne ...
MongoDB acquires embedding model provider Voyage AI
MongoDB Inc. today announced that it has acquired Voyage AI Inc., a startup with a series of artificial intelligence models for generating embeddings. The terms of the deal were not disclosed. Voyage AI previously raised $28 million in funding from Snowflake Inc., Databricks Inc. and other investors. Nasdaq-listed MongoDB provides a popular document database of ...
Microsoft scraps some data center leases as Apple, Alibaba double down on AI
Microsoft Corp. has canceled multiple data center leases and may scrap several more that are currently in the works, Bloomberg reported today. A significant percentage of tech giants’ data center spending is driven by artificial intelligence demand. Microsoft’s lease cancellations raise the possibility the company is seeing less AI demand than originally expected, which could ...
StorONE upgrades its storage platform with new data tiering, recovery features
Startup StorONE Inc. today released a new version of its software platform that promises to make enterprise storage environments easier to run. New York-based StorONE is backed by $30 million in funding. Companies use its platform to manage the cloud and on-premises storage infrastructure in which they keep their data. The company says the software ...
AI search engine startup Genspark reportedly raises $100M at $530M valuation
Genspark, an artificial intelligence search startup that competes with Google LLC, has reportedly raised $100 million in funding. Reuters today cited sources as saying that the round was led by a group of U.S. and Singapore-based investors. The deal reportedly values Genspark at $530 million, more than twice what it was worth in June. Genspark, ...
Apple disables Advanced Data Protection in the UK after backdoor request
Apple Inc. has disabled Advanced Data Protection for U.K. users following a reported request from the government to build a backdoor into the feature. The company made the encryption tool inaccessible today at 3 p.m. local time. Customers who activated Advanced Data Protection, or ADP, earlier can continue using it for now. However, they will ...
OpenAI reaches 400M weekly active users, doubles enterprise customer base
OpenAI today disclosed that ChatGPT and its other products have more than 400 million active weekly users, a 33% increase from December. OpenAI Chief Operating Officer Brad Lightcap (pictured) told CNBC that the company’s paying customer base is growing rapidly as well. The ChatGPT developer currently has 2 million paying enterprise users, twice as many ...
Together AI raises $305M for its AI-optimized public cloud
Cloud infrastructure startup Together AI Inc. has raised $305 million in new funding at a $3.3 billion valuation. Announced today, the Series B was co-led by General Catalyst and Prosperity7. It also included the participation of more than a dozen other investors. The consortium included Nvidia Corp., Salesforce Ventures and former Cisco Systems Inc. Chief ...
RingCentral debuts AI phone agent for automating business calls
RingCentral Inc. today debuted an artificial intelligence agent that companies can embed into their phone systems to automate manual work. The offering is known as the RingCentral AI Receptionist, or AIR for short. NYSE-listed RingCentral is a major provider of communications software, with more than 400,000 customers. Companies use its products to host video meetings, ...
AI recruiting startup Mercor nabs $100M investment at $2B valuation
Mercor Inc., a startup using artificial intelligence to streamline companies’ recruiting efforts, today announced that it has raised $100 million in funding. The Series B round was led by Felicis. General Catalyst, DST Global, Benchmark and Menlo Ventures chipped in as well. Mercor is now reportedly valued at $2 billion, eight times what it was ...