Maria Deutscher
Latest from Maria Deutscher
Elon Musk’s xAI Corp. has acquired Hotshot, a startup that develops artificial intelligence models optimized for video generation tasks. Hotshot Chief Executive Officer Aakash Sastry announced the deal today in a post on X. The financial terms were not detailed. The company previously …
Alphabet spins off its Taara laser-powered networking venture
Alphabet Inc. is spinning off its Taara unit, which uses laser-powered network equipment to deliver internet coverage. The Google LLC parent disclosed the move today. Taara, which was until now part of Alphabet’s X research lab, will become an independent company. The …
Dozens of tech firms urge EU to become more technologically independent
Nearly 100 organizations in the European Union have signed an open letter that urges the bloc to become more technologically independent. The group published the document today. The signatories include aerospace company Airbus SE, cloud provider OVH Groupe SA and chipmaker SiPearl. …
Cisco debuts new AI-powered customer service features for Webex
Cisco Systems Inc. is upgrading Webex with new artificial intelligence features designed to make customer service teams more productive. The company debuted the update today at the Enterprise Connect communications conference. Some of the enhancements will roll out this month, while the …
Financial technology provider Klarna files for IPO at reported $15B+ valuation
Klarna Group plc, a major player in the so-called buy now, pay later market, today filed paperwork for an initial public offering. Sources told Bloomberg that the Stockholm-based company is seeking to raise at least $1 billion. It’s believed Klarna hopes to …
Google submits AI policy suggestions to the White House
Google LLC has submitted a set of suggestions for how the U.S. government can support the domestic artificial intelligence ecosystem. The search giant outlined its recommendations in a 12-page paper published on Thursday. The same day, OpenAI submitted a similar policy document …
Report: Binance has held talks with Trump family about selling Binance US stake
Binance has held discussions about selling a stake in its U.S. arm to members of the Trump family, the Wall Street Journal reported today. It’s believed the company has also considered seeking a pardon for its co-founder Changpeng Zhao. In 2023, the …
Business intelligence startup Omni closes $69M funding round
Business intelligence provider Omni Analytics Inc. today disclosed that it has closed a $69 million funding round led by ICONIQ Growth. Snowflake Ventures and Alphabet Inc.’s GV fund participated as well along with several other institutional investors. The Series B round follows …
Blackwall reels in €45M for its AI-powered reverse proxy
Blackwall, a startup that helps website hosting providers protect customers from cyberattacks, has secured €45 million in funding. The Estonia-based software maker announced the Series B investment today. Dawn Capital led the round with participation from MMC Ventures, which led Blackwall’s previous €12 …
Ditto raises $82M in funding for its edge database
Ditto, the developer of a database optimized for use in edge environments, today announced that it has closed an $82 million funding round. Top Tier Capital Partners and Acrew Capital led the Series B investment. They were joined by U.S. Innovative Technology …