Maria Deutscher
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DOGE reportedly seeking to develop ‘GSAi’ government chatbot
The U.S. Department of Government Efficiency, or DOGE, is reportedly working on a chatbot dubbed GSAi to make federal workers more productive. Wired on Thursday cited sources as saying that the chatbot is being developed for the U.S General Services Administration. The GSA is an agency with about 12,000 employees that manages federal buildings and ...
US lawmakers introduce bill to ban DeepSeek on federal devices
U.S. lawmakers today introduced a bill that would prohibit federal employees from using DeepSeek’s app on government devices. The proposed legislation is known as the No DeepSeek on Government Devices Act. According to Ars Technica, it would ban DeepSeek within 60 days of going into effect. The bill was written by U.S. representatives Josh Gottheimer ...
TrueFoundry nabs $19M for its AI model management platform
TrueFoundry Inc., a startup with a platform for managing artificial intelligence workloads, today announced that it has raised $19 million in funding. Intel Capital led the Series A round. Eniac Ventures, Surge and Jump Capital chipped in as well. TrueFoundry says that its institutional backers were joined by several angel investors, including former Cohesity Inc. ...
New LLM developed for under $50 outperforms OpenAI’s o1-preview
Researchers have developed a large language model that can perform some tasks better than OpenAI’s o1-preview at a tiny fraction of the cost. The researchers, from Stanford and the University of Washington, first detailed their model in a paper published last Friday. TechCrunch reported on the project today. The algorithm, named s1-32B, is available on GitHub. ...
DevAI raises $6M to automate infrastructure management with AI agents
DevAI Solutions Inc., an artificial intelligence startup founded by former Cisco Systems Inc. executives, today announced that it has raised $6 million in funding. The oversubscribed seed round was led by Emergence Capital. The venture capital firm has previously backed major enterprise tech firms such as Box Inc. and Salesforce Inc. DevAI says that the ...
Mirantis open-sources k0rdent Kubernetes management platform
Mirantis Inc. today introduced k0rdent, an open-source platform designed to help enterprises manage their Kubernetes clusters. The company has released the tool’s code on GitHub. Google LLC created Kubernetes to ease the task of managing containerized applications. The platform automatically recovers from infrastructure outages, distributed workloads across servers and performs related tasks. But managing Kubernetes ...
Code security startup Semgrep reels in $100M from investors
Startup Semgrep Inc. has raised $100 million in funding to grow the adoption of its code security platform, which helps developers find vulnerabilities in their software. Menlo Ventures led the Series D investment. Semgrep detailed in its announcement of the raise today that Felicis Ventures, Harpoon Ventures, Lightspeed Venture Partners, Redpoint Ventures and Sequoia Capital ...
Uber shares drop 8% on mixed fourth-quarter results
Shares of Uber Technologies Inc. dropped 8% in trading today after the company reported better-than-anticipated revenue for the fourth quarter but missed earnings expectations. Uber’s adjusted EBITDA, or earnings before interest, taxes, depreciation and amortization, grew 44% year-over-year to $1.84 billion. That sum was in line with analyst expectations. In contrast, Uber’s adjusted earnings per ...
Atombeam raises $20M for its codeword-based data transmission technology
Atombeam Inc., a startup developing a more efficient way of transmitting data, today announced that it has raised $20 million in funding. The investment was structured as a so-called Reg A+ round. This is a type of funding round in which capital is provided by members of the public rather than institutional investors. Atombeam says ...
PayPal shares drop 13% despite better-than-expected earnings
PayPal Holdings Inc. today posted better-than-expected fourth-quarter earnings, but reported payment volume growth that fell short of expectations, and its shares dropped 13% on the results. PayPal operates one of the world’s most popular online payment platforms. It’s also active in several adjacent segments of the financial technology market. The company offers the mobile payment app Venmo ...