Maria Deutscher
Latest from Maria Deutscher
Artificial intelligence startup xAI Corp. has raised $6 billion in Series B funding round to support its product development and commercialization efforts. The company, which was founded last year by Elon Musk, detailed on Sunday that the round saw the participation of …
Financial software maker AuditBoard to be acquired by Hg Capital for $3B+
AuditBoard Inc., the developer of a software platform that helps enterprises ensure their financial reports are accurate, will be acquired by Hg Capital for over $3 billion. The companies announced the deal on Thursday. Citing sources familiar with the matter, Axios reported …
Google to invest $350M in Indian e-commerce marketplace Flipkart
Google LLC is buying a $350 million stake in Flipkart Pvt Ltd., India’s largest e-commerce company. Bloomberg reported that the search giant will provide the capital as part of a funding round worth nearly $1 billion. The investment is said to be …
Cohere open-sources Aya 23 series of multilingual LLMs
Cohere Inc. today introduced Aya 23, a new family of open-source large language models that can understand 23 languages. Toronto-based Cohere is an OpenAI competitor backed by more than $400 million in funding from Nvidia Corp., Oracle Corp. and other investors. It …
ZeroPoint raises $5.5M for its on-chip data compression technology
ZeroPoint Technologies AB, a startup with hardware that enables processors to make more efficient use of DRAM, has secured $5.5 million in early-stage funding. The company said in its announcement of the Series A raise today that Munich-based Matterwave Ventures was the …
Google details plans for new subsea internet cable linking Africa and Australia
Google LLC today announced plans to deploy a new subsea internet cable, called Umoja, that will provide connectivity between Africa and Australia. The cable marks the latest in a series of underwater networking projects announced by the search giant. In April, Google …
Amazon reportedly preparing paid Alexa version powered by its own Titan AI model
Amazon.com Inc. engineers are reportedly working on a new, more capable version of Alexa that is expected to become available through a paid subscription. Sources familiar with the project told CNBC today that the service is set to roll out later this …
Patronus AI reels in $17M for its AI reliability testing platform
Patronus AI Inc., a startup helping companies detect and fix reliability issues in their large language models, today announced that it has closed a $17 million investment. Notable Capital led the Series A round. It was joined by publicly traded observability provider …
Report: AI wearable maker Humane seeking sale at up to $1B valuation
Humane Inc., the well-funded developer of the Ai Pin artificial intelligence wearable, is reportedly seeking a buyer. Bloomberg reported late Wednesday that the company is hoping for a sale price of $750 million to $1 billion. The high end of the range …
EU greenlights AI Act as tech giants commit to responsible model development
The European Union’s AI Act, a piece of legislation designed to mitigate the risks posed by artificial intelligence, today received the final greenlight it required to become law. The milestone came against the backdrop of a high-profile AI safety summit in Seoul. …