Maria Deutscher
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OpenAI revises Pentagon contract to address surveillance concerns
OpenAI Group PBC is revising an artificial intelligence deal that it inked with the U.S. Defense Department last year. The ChatGPT developer published some of the updated legal language late Monday. The change is designed to ensure that the Pentagon won’t use OpenAI models for domestic surveillance. This morning, Axios cited sources as saying that the ...
Amazon to invest $21B more in Spain with focus on data centers
Amazon.com Inc. today announced plans to spend €18 billion, or $21.05 billion, in Spain to expand its data center capacity and server supply chain. The sum comes on top of a €15.7 billion investment the company detailed in late 2024. Amazon’s data center construction plan centers on the Spanish region of Aragón, where it already ...
Behavioral health software startup Ease Health launches with $41M
Ease Health Inc., a startup that develops software for behavioral health providers, launched today with $41 million in early-stage funding. The Series A round was led by Andreessen Horowitz. Ease will use the capital to expand the adoption of its software among large behavioral health providers. In addition, it plans to hire more engineers and ...
Nvidia invests $4B in co-packaged optics suppliers Lumentum, Coherent
Nvidia Corp. today announced plans to invest in Lumentum Holdings Inc. and Coherent Corp., two publicly traded suppliers of optical networking equipment. Each company is set to receive $2 billion. Nvidia stated that the sum includes a “multibillion-dollar purchase commitment and future access” rights to certain laser components. In the case of Coherent, the deal also ...
Flux nabs $37M to automate printed circuit board development with AI
Flux, a startup with a platform that speeds up the development of printed circuit boards, has raised $37 million across two funding rounds. The company disclosed the investments today. Flux, officially Defy Gravity Inc., raised about two-thirds of the capital through a recent Series B deal led by 8VC. It received the remaining $10 million ...
Trump orders federal agencies to stop using Anthropic products
U.S. President Donald Trump today ordered federal agencies to stop using technology from Anthropic PBC. The ban will also have to be upheld by military suppliers, U.S. Defense Secretary Pete Hegseth announced separately on X. Both moves are related to disagreements over the safety guardrails that Anthropic ships with its models. Trump wrote on Truth ...
OpenAI raises $110B at $730B valuation, expands AWS and Nvidia partnerships
OpenAI Group PBC today announced that it has raised $110 billion in funding at a pre-money valuation of $730 billion. Nvidia Corp. and SoftBank Group PBC provided $30 billion each. The remaining $50 billion came from Amazon Web Services Inc., which has also expanded its technical partnership with OpenAI. In November, the ChatGPT developer committed ...
Revel raises $150M to help engineers test complex physical systems faster
Revel Software Corp., a startup that develops software for complex physical systems such as jet engines, has raised $150 million in funding. The company announced the investment today. It said Index Ventures led the Series B round with contributions from Redpoint Ventures, Thrive Capital, Felicis and Abstract Ventures. The funds were joined by several angel ...
ServiceNow debuts Autonomous Workforce, EmployeeWorks automation tools
ServiceNow Inc. today debuted two new cloud services that use artificial intelligence to automate manual work for users. The first offering, Autonomous Workforce, is a suite of specialized AI tools that each focus on speeding up a different set of chores. On launch, the bundle features a single automation tool called Level 1 Service Desk ...
Google launches Nano Banana 2 with speed, image quality improvements
Google LLC today introduced a new image generation model, Nano Banana 2, that offers higher output quality and better performance than its predecessor. The company will make the algorithm available in more than a half-dozen products. The original Nano Banana made its debut in August. Google followed up the model with an enhanced version, Nano ...