Maria Deutscher
Latest from Maria Deutscher
Vectara Inc., a startup that helps enterprises implement retrieval-augmented generation in their applications, has closed a $25 million early-stage funding round to support its growth efforts. The company announced the investment today. It said that FPV Ventures and Race Capital jointly led …
UK antitrust watchdog launches probe into Microsoft’s Inflection AI partnership
The U.K.’s antitrust watchdog has launched a review of a partnership that Microsoft Corp. inked with Inflection AI Inc,. a heavily funded OpenAI rival, earlier this year. The Competition and Markets Authority, or CMA, announced the move today. The development comes about …
IBM’s $6.4B HashiCorp acquisition faces FTC antitrust review
The U.S. Federal Trade Commission has opened an antitrust probe into IBM Corp.’s proposed acquisition of HashiCorp Inc. for $6.4 billion. HashiCorp disclosed the development in a regulatory filing released today. According to the document, both HashiCorp and IBM received a so-called …
HP debuts AI-optimized OmniBook Ultra laptop, two new all-in-one desktops
HP Inc. today debuted a new laptop, the OmniBook Ultra, that features a central processing unit optimized for artificial intelligence applications. The company is touting the device as the world’s highest-performance AI personal computer. It will make the OmniBook Ultra available alongside …
Financial software provider OneStream files for $465.5M IPO
OneStream Software LLC, a company that develops applications for accounting departments, today filed to list its shares on the Nasdaq stock exchange. The initial public offering will make 24.5 million shares available for investors at $17 to $19 apiece. OneStream plans to …
Standard Bots reels in $63M for its AI-powered robotic arms
Standard Bots Inc., a startup that develops robotic arms for the manufacturing and logistics sectors, has secured $63 million in fresh funding to enhance its technology. The company announced the Series B round today. It said that General Catalyst led the raise. …
AT&T discloses data breach affecting ‘nearly all’ cellular customers
Hackers have stolen data about nearly all of AT&T Inc.’s cellular plan subscribers, the carrier disclosed in a regulatory filing today. The company also published an overview of the breach in its online support portal. According to AT&T, the hackers gained access …
HerculesAI reels in $26M for its AI-powered data management toolkit
HerculesAI, a startup that develops artificial intelligence software for law firms and large enterprises, has secured $26 million in funding to support its growth efforts. TechCrunch reported the investment on Wednesday. The investment was led by Streamlined Ventures with participation from Proof …
Defense technology startup Helsing raises €450M at reported €5B valuation
Defense technology startup Helsing GmbH today disclosed that it has raised €450 million, or about $488 million, in new funding. General Catalyst led the Series C investment. It was joined by Saab AB, one of Sweden’s largest aerospace and defense companies, along …
Apple will open access to its iOS payment system to end EU antitrust probe
Apple Inc. will change several of its business practices to end a European Union antitrust probe into its mobile payment system. The European Commission, the EU’s executive arm, announced the development today. Apple’s iPhones and iPads feature an NFC, or near-field communication, …