Maria Deutscher
Latest from Maria Deutscher
Amazon.com Inc. today announced plans to invest in three nuclear energy projects that will use a new type of miniature reactor to generate power. The deals come on the heels of similar investments from the company’s top rivals in the cloud computing …
LatticeFlow releases framework for checking LLMs’ compliance with the EU AI Act
Startup LatticeFlow AG today released COMPL-AI, a framework that can help companies check whether their large language models comply with the EU AI Act. Zurich-based LatticeFlow is backed by more than $14 million in venture funding. It provides a platform for finding technical …
Amazon refreshes its Kindle e-reader lineup with four new devices
Amazon.com Inc. today introduced the Kindle Colorsoft Signature Edition, its first e-reader with a color screen. The device debuted at a New York product event alongside upgrades to three existing Kindle devices. Amazon unveiled a new version of the Kindle Scribe, an …
Crusoe’s $3.4B joint venture to build AI data center campus with up to 100,000 GPUs
Crusoe Energy Systems LLC, Blue Owl Capital Inc. and Primary Digital Infrastructure are launching a $3.4 billion joint venture to build a data center campus in Texas. The companies announced the project today. Crusoe is a Denver-based data center builder that was …
Intel and AMD team up to improve the x86 processor architecture
Intel Corp. and Advanced Micro Devices Inc. today launched an industry group dedicated to improving the x86 instruction set architecture. Besides the two chipmakers, the consortium, announced at the Open Compute Project Global Summit in San Jose, also has a dozen other …
ASML shares plunge on lowered 2025 revenue forecast
Shares of ASML Holding NV dropped more than 15% today after the company accidentally released its third-quarter financial results one day earlier than expected with a warning for the future. The Dutch fab equipment supplier generated a €2.1 billion profit on €7.5 …
Lidar chip startup Lidwave closes $10M investment
Lidwave Ltd., a startup developing lidar chips for systems such as autoumous vehicles, today announced that it has raised $10 million in seed funding. Jumpspeed Ventures and Next Gear led the investment. Israel-based Lidwave said that the round also included the participation …
Omnea raises $25M to streamline procurement with AI
Procurement software startup Omnea Ltd. today disclosed that it has raised $25 million in funding over two rounds. The most recent of the two investments, a $20 million Series A raise, was led by Accel. It also included contributions from First Round …
Adobe introduces new generative AI features for its creative applications
Adobe Inc. introduced a raft of new artificial intelligence features for creative professionals at its Adobe Max product today. Some of the capabilities are rolling out to the company’s video editing applications. The others will mostly become available in Adobe’s suite of …
Fintech startup Monzo valued at $5.9B in secondary sale
Digital banking provider Monzo Bank Ltd. today disclosed that it has completed a secondary sale at a $5.9 billion valuation. A secondary sale is a transaction that allows a startup’s employees and early investors to sell some of their shares. According to Monzo, …