Maria Deutscher
Latest from Maria Deutscher
Artificial intelligence safety startup Virtue AI Inc. today announced that it has raised $30 million in funding to enhance its technology. The company raised the capital over two rounds led by Lightspeed Venture Partners and Walden Catalyst Ventures. The venture capital firms …
OpenAI launches new GPT-4.1 series of language models for developers
OpenAI today made a trio of new language models available to developers through its application programming interface. The flagship algorithm in the series, GPT-4.1, is described as being “significantly better” than its predecessor at coding. The two other models, GPT-4.1 mini and …
Intel to sell 51% stake in Altera to Silver Lake at $8.75B valuation
Intel Corp. will sell a 51% stake in its Altera field-programmable gate array unit to Silver Lake. The companies announced the deal today. The transaction values Altera at $8.75 billion, just under half what Intel paid to acquire the company in 2015. …
Nvidia to mass-produce AI supercomputers in the US
Nvidia Corp. today announced plans to mass-produce artificial intelligence supercomputers in the U.S. The company disclosed in conjunction that Taiwan Semiconductor Manufacturing Co. has started producing Blackwell chips at its Arizona fab complex. The hub currently includes one operational processor plant that came …
Google reportedly lays off hundreds of employees from consumer hardware group
Google LLC has reportedly laid off hundreds of employees from its Platforms & Devices group, which develops the company’s Pixel phones and other consumer devices. The job cuts were first reported by The Information on Thursday. Google later confirmed the workforce reduction …
Defense Department scraps $5.1B worth of technology and consulting contracts
The U.S. Defense Department is scrapping a set of technology and consulting contracts worth $5.1 billion. Defense Secretary Pete Hegseth directed officials to make the cuts in a Thursday memorandum. Additionally, he instructed the Pentagon’s chief information officer to prepare a new …
Mira Murati’s Thinking Machines reportedly raising $2B in funding
Thinking Machines Lab Inc., an artificial intelligence startup led by former OpenAI Chief Technology Officer Mira Murati, is reportedly raising a $2 billion seed round. Business Insider reported the company’s fundraising effort today. The publication cited two sources as saying that the …
Tech stocks give up some of Wednesday’s gains following tariff pause
Numerous tech firms saw their shares tumble during today’s trading session amid a broader sell-off in stocks and cryptocurrency. The declines chipped away at the gains that public markets logged yesterday. According to a CNBC tally, Wednesday saw the heaviest trading volume …
Insurance technology startup Ominimo raises €10M in funding
Ominimo Insurance, a startup that uses artificial intelligence to provide auto insurance plans, has raised €10 million in funding from Zurich Insurance Group Ltd. TechCrunch reported the investment today. The publication cited sources as saying that Zurich Insurance, Switzerland’s largest insurance provider, …
Tessell reels in $60M for its database-as-a-service platform
Cloud database startup Tessell Inc. today announced that it has closed a $60 million funding round to support business growth. WestBridge Capital led the Series B round with participation from Lightspeed Venture Partners, B37.vc and Rocketship.vc. The investment brings Tessell’s total outside …