Maria Deutscher
Latest from Maria Deutscher
IVIX Tech Inc., a startup that helps government agencies detect money laundering and other financial crimes, has raised $60 million in funding. O.G. Venture Partners led the Series B investment. IVIX detailed in its announcement of the round today that Insight Partners, …
Report: AI cloud operator Lambda could raise funding at $4B+ valuation
Lambda Labs Inc. is believed to be holding talks about a new funding round that could value it between $4 billion and $5 billion. Bloomberg reported the discussions on Thursday. It’s unclear who might participate in the round or when it’s expected …
AI chip startup Rivos reportedly seeking up to $500M in funding
Chip developer Rivos Inc. is reportedly in talks to raise between $400 million and $500 million from investors. The Information on Thursday cited sources as saying that the round could value the startup at more than $2 billion. The report comes 18 …
Intel shares jump on report that US government could buy stake
The U.S. government is holding talks with Intel Corp. about buying a stake in the chipmaker, Bloomberg reported today. Shares of the company jumped more than 7% on the news. Last Thursday, U.S. President Donald Trump called on Intel Chief Executive Officer …
Startup led by Parag Agrawal launches research platform for AI applications
Startup Parallel Web Systems Inc. today launched a cloud platform that artificial intelligence applications can use to conduct online research. The two-year-old company is led by former Twitter Inc. Chief Executive Parag Agrawal. Parallel is backed by Khosla Ventures, First Round Capital, …
Nvidia backs $500M funding round for Cohere at $6.8B valuation
Confirming recent reports, large language model developer Cohere Inc. today announced that it has raised $500 million in funding. Radical Ventures and Inovia Capital jointly led the Series D investment. They were joined by Nvidia Corp., AMD Ventures, Salesforce Ventures and several …
NeoLogic raises $10M to develop power-efficient server processors
NeoLogic Ltd., a startup that hopes to make processors more efficient by reducing their transistor counts, has raised $10 million in funding. The company announced the Series A round today. It detailed that KOMPAS VC led the investment with participation from M …
OpenAI restores GPT-4o access in ChatGPT after user complaints
OpenAI has brought GPT-4o back to ChatGPT after users complained about the large language model’s removal. OpenAI Chief Executive Officer Sam Altman announced the move in a Tuesday post on X. He also detailed several other changes to ChatGPT, including an increased …
Shares of crypto exchange Bullish jump 105%+ in trading debut
Shares of cryptocurrency company Bullish US LLC jumped more than 105% in their trading debut on the New York Stock Exchange today. A few hours earlier, Bullish raised $1.1 billion in an oversubscribed initial public offering. The company had originally planned to …
Circle posts strong quarterly growth, but shares drop on proposed stock sale
Circle Internet Group Inc. today disclosed that its revenue jumped 54% year-over-year in the second quarter to $658 million. The cryptocurrency company’s first earnings report since going public was met positively by investors. Circle ended the trading session with its share price …