Maria Deutscher
Latest from Maria Deutscher
Meta Platforms Inc. has reportedly acquired WaveForms AI Inc., a developer of artificial intelligence models optimized to understand speech. The Information broke the news on Thursday. It’s unclear how much Meta is paying for WaveForms. Last December, the startup raised $40 million at …
Ripple to acquire stablecoin payments startup Rail for $200M
Ripple Labs Inc. today announced plans to acquire Rail, a Canadian startup that uses stablecoins to expedite international payments. The deal is worth $200 million, or nearly 20 times the amount of funding that Rail has raised from investors. Ripple expects to …
US to roll out 100% chip tariff with exemptions for TSMC, Samsung
The U.S. will apply a 100% tariff to certain chip imports in a bid to encourage domestic semiconductor production. U.S. President Donald Trump announced the move on Wednesday during a White House event. He was joined by Apple Chief Executive Officer Tim …
Trump calls on Intel CEO Lip-Bu Tan to step down
U.S. President Donald Trump today called on Intel Corp. Chief Executive Officer Lip-Bu Tan to resign. “The CEO of INTEL is highly CONFLICTED and must resign, immediately,” Trump wrote in a post on his Truth Social social media platform. “There is no …
OpenAI reportedly in talks for secondary sale at $500B valuation
OpenAI is in talks to hold a secondary sale that could boost its valuation to $500 billion, multiple publications reported today. A secondary sale is a transaction in which a company’s existing shareholders sell equity. The company itself doesn’t receive any of …
Extreme Networks shares jump 14% on strong quarterly results
Shares of Extreme Networks Inc. closed 14% higher today after it posted financial results that topped expectations across the board. The company, which makes network equipment and software for managing it, generated $307 million in revenue during the fiscal fourth quarter ended …
Cohere launches its North AI productivity platform into general availability
Artificial intelligence startup Cohere Inc. today made its North productivity platform generally available. The launch comes about seven months after the offering debuted in early access. Since then, Cohere has built up an initial installed base that includes Dell Technologies Inc., the …
OpenAI, Anthropic release new reasoning-optimized language models
OpenAI and Anthropic PBC, two of the leading artificial intelligence model providers, today both introduced new large language models optimized for reasoning tasks. OpenAI’s new algorithms, gpt-oss-120b and gpt-oss-20b, are available under an open-source license. Anthropic, for its part, released an upgraded …
SentinelOne acquires AI security startup Prompt Security
SentinelOne Inc. today announced plans to buy Prompt Security Ltd., a startup with a platform for protecting workers from risky artificial intelligence applications. The acquisition price was not disclosed. Globes reported that the deal values Prompt Security at $250 million to $300 …
Google DeepMind debuts Genie 3 model for generating interactive virtual worlds
Alphabet Inc.’s Google DeepMind lab today detailed Genie 3, an artificial intelligence model designed to generate virtual worlds. The AI is the third iteration of an algorithm series that the company introduced last February. According to DeepMind, it could help advance machine …