Maria Deutscher
Latest from Maria Deutscher
U.S. President Donald Trump today called on Intel Corp. Chief Executive Officer Lip-Bu Tan to resign. “The CEO of INTEL is highly CONFLICTED and must resign, immediately,” Trump wrote in a post on his Truth Social social media platform. “There is no …
OpenAI reportedly in talks for secondary sale at $500B valuation
OpenAI is in talks to hold a secondary sale that could boost its valuation to $500 billion, multiple publications reported today. A secondary sale is a transaction in which a company’s existing shareholders sell equity. The company itself doesn’t receive any of …
Extreme Networks shares jump 14% on strong quarterly results
Shares of Extreme Networks Inc. closed 14% higher today after it posted financial results that topped expectations across the board. The company, which makes network equipment and software for managing it, generated $307 million in revenue during the fiscal fourth quarter ended …
Cohere launches its North AI productivity platform into general availability
Artificial intelligence startup Cohere Inc. today made its North productivity platform generally available. The launch comes about seven months after the offering debuted in early access. Since then, Cohere has built up an initial installed base that includes Dell Technologies Inc., the …
OpenAI, Anthropic release new reasoning-optimized language models
OpenAI and Anthropic PBC, two of the leading artificial intelligence model providers, today both introduced new large language models optimized for reasoning tasks. OpenAI’s new algorithms, gpt-oss-120b and gpt-oss-20b, are available under an open-source license. Anthropic, for its part, released an upgraded …
SentinelOne acquires AI security startup Prompt Security
SentinelOne Inc. today announced plans to buy Prompt Security Ltd., a startup with a platform for protecting workers from risky artificial intelligence applications. The acquisition price was not disclosed. Globes reported that the deal values Prompt Security at $250 million to $300 …
Google DeepMind debuts Genie 3 model for generating interactive virtual worlds
Alphabet Inc.’s Google DeepMind lab today detailed Genie 3, an artificial intelligence model designed to generate virtual worlds. The AI is the third iteration of an algorithm series that the company introduced last February. According to DeepMind, it could help advance machine …
QuamCore raises $26M to build a million-qubit quantum computer
QuamCore Ltd, a startup working to develop a quantum computer with one million qubits, today announced that it has raised $26 million in early-stage funding. Sentinel Global led the Series A round with participation from Arkin Capital and several returning backers. The …
Crypto exchange operator Bullish seeks to raise $629M in IPO
Bullish US LLC, the operator of an eponymous cryptocurrency exchange, has priced its upcoming initial public offering. The Cayman Islands-based company, backed by investor Peter Thiel, originally filed for an IPO in mid-July without disclosing the financial terms. In an amended filing …
Amphenol to acquire CommScope’s core networking business for $10.5B
Amphenol Corp., a major network equipment supplier, today announced plans to buy most of rival CommScope Holding Co.’s business operations for $10.5 billion. The deal was warmly received by investors. Shares of CommScope surged more than 86% while Amphenol is up 3.6%. Amphenol …