Maria Deutscher
Latest from Maria Deutscher
Satellite maker CesiumAstro raises $470M to grow its manufacturing capacity
Aerospace startup CesiumAstro Inc. today announced that it has raised $470 million to finance manufacturing and product development initiatives. More than half the sum was provided in the form of an equity funding round led by Trousdale Ventures. The venture capital firm was joined by Airbus Ventures, the Development Bank of Japan and several others. ...
Anthropic debuts Claude Cowork plugins to help users automate more tasks
Anthropic PBC today rolled out an update to Claude Cowork that will enable users to extend its feature set with custom plugins. Claude Cowork is an automation tool that the company introduced for its popular chatbot earlier this month. It can perform multistep tasks in file folders and the user’s browser. For example, a worker ...
Poetiq nabs $45.8M in seed funding for its LLM-enhancing ‘meta-system’
Poetiq Inc., a startup working to make artificial intelligence large language models more capable and cost-efficient, has raised $45.8 million in seed funding. FYRFLY Venture Partners and Surface Ventures jointly led the investment, which was announced on Thursday. Y Combinator, 468 Capital, Operator Collective, Hico Ventures and Neuron Venture Partners participated as well. Poetiq was ...
Chinese chipmakers Montage, Axera file for Hong Kong IPOs
Chinese chipmakers Montage Technology Co. and Axera Semiconductor Co. today filed to go public in Hong Kong. The companies are set to list their shares next month. The public offerings are expected to raise as much as 10 billion Hong Kong dollars, or about $1.28 billion. Montage’s upcoming listing will represent its third stock exchange ...
Google introduces Project Genie virtual world generator
Google LLC today introduced Project Genie, a tool that makes it possible to generate three-dimensional virtual environments using prompts. The tool is initially available in the U.S. to users with Google AI Ultra subscription. The $250-a-month plan offers several features not included in standard Google accounts. Users receive higher AI usage limits, 30 terabytes of ...
Apple acquires AI startup Q.ai for reported $2B
Apple Inc. has acquired Q.ai, a startup that develops artificial intelligence software for wearables. The Financial Times reported that the transaction is worth nearly $2 billion. Israel-based Q.ai, officially Q (Cue) Ltd., develops AI software that can understand mouthed and whispered speech. It’s also capable of understanding audio produced in noisy environments. The software reportedly ...
Virtue AI debuts AgentSuite platform to help enterprises secure AI agents
Startup Virtue AI Inc. today introduced AgentSuite, a software plaform designed to protect artificial intelligence agents from threats such as malicious MCP servers. The platform’s debut comes less than a year after the company launched with $30 million in initial funding. It raised the capital from a consortium that included Intel Corp. Chief Executive Officer ...
Google DeepMind open-sources AlphaGenome medical research model
Google DeepMind today open-sourced AlphaGenome, an artificial intelligence model that researchers can use to study biological processes. The Alphabet Inc. unit first debuted the algorithm in June. Until now, it was accessible only through an application programming interface limited to noncommercial research use cases. According to DeepMind, the API has been adopted by more than ...
OpenAI, Anthropic reportedly raising billions of dollars in new funding
OpenAI Group PBC and Anthropic PBC are reportedly seeking new funding rounds that could significantly boost their respective valuations. Both companies are expected to go public as early as this year. That means the investments under discussion may be the last ones they raise. The Wall Street Journal today cited sources as saying that SoftBank ...
Amazon lays off 16,000 employees to prioritize growth areas
Amazon.com Inc. today announced a round of layoffs that will affect about 16,000 employees. The restructuring comes a few weeks after the company let go 14,000 workers across multiple business units. Beth Galetti, Amazon’s senior vice president of people experience and technology, wrote in an internal memo that the job cuts are part of an ...