Maria Deutscher
Latest from Maria Deutscher
Arm Holdings plc today introduced a new portfolio of chip designs that handset makers can use to develop mobile processors. The product family is known as Lumex. It includes central processing units, graphics processing units and an interconnect module. Smartphone makers can …
Replit raises $250M at $3B valuation for its AI application builder
Replit Inc., a startup with an artificial intelligence platform that speeds up application development, has raised $250 million in new funding. Prysm Capital led the investment with contributions from more than a half-dozen other backers. Google LLC’s AI Futures fund, Y Combinator …
Nvidia previews Rubin CPX graphics card for disaggregated AI inference
Nvidia Corp. today previewed an upcoming chip, the Rubin CPX, that will power artificial intelligence appliances with 8 exaflops of performance. AI inference involves two main steps. First, an AI model analyzes the information on which it will draw to answer the user’s prompt. …
SailPoint shares drop 7%+ despite strong second quarter
Shares of SailPoint Inc. dropped more than 7% today despite the cybersecurity provider reporting better-than-expected results for the second quarter. The selloff may have been caused by the company’s mixed guidance. SailPoint raised its full-year forecast, but its sales projection for the …
Mitsubishi Electric acquires cybersecurity provider Nozomi Networks for $883M
Cybersecurity company Nozomi Networks Inc. today announced that it has agreed to be acquired by Mitsubishi Electric Corp., a major supplier of industrial equipment. The deal values Nozomi at about $1 billion. The sum comprises $883 million that Mitsubishi Electric will pay …
AI coding startup Cognition raises $400M+ at $10.2B valuation
Cognition AI Inc., the developer of the Devin artificial intelligence coding assistant, today announced that it has raised more than $400 million from investors. Founders Fund led the funding round. It was joined by existing backers Lux Capital, 8VC, Elad Gil, Definition …
More IPO momentum as Netskope, StubHub, Infleqtion and CoinShares file stock listing paperwork
In one of the strongest signs yet that demand for stock listings is rebounding, four different tech firms today filed to go public. Two of the companies, Netskope Inc. and StubHub Inc., will opt for a traditional initial public offering. They will …
New animated feature film to be produced using OpenAI’s AI models
Two film studios will use GPT-5 and other OpenAI models to produce an animated movie, the Wall Street Journal reported late Sunday. The picture, “Critterz,” is set to debut next May at the Cannes Film Festival. Production has reportedly already begun. The …
SiFive introduces new processor core designs for AI devices
Chip startup SiFive Inc. today debuted four new central processing unit cores optimized to run artificial intelligence models. Santa Clara, California-based SiFive was valued at $2.5 billion following its most recent funding round in 2022. The company develops CPU designs based on …
ProRata raises $40M to develop AI tools for publishers
ProRataAI Inc., a startup that develops search and advertising tools for publishers, has raised $40 million in funding to expand the adoption of its technology. The company announced the deal today. It said that Touring Capital led the Series B round with …