Maria Deutscher
Latest from Maria Deutscher
Archer Aviation Inc. has raised $850 million in funding to support the rollout of its flying taxis. The NYSE-listed company announced the deal on Thursday. The transaction was structured as a direct offering in which Archer sold 85 million shares for $10 …
Google develops AI model for forecasting tropical cyclones
Google LLC today detailed an artificial intelligence model that can forecast the path and intensity of tropical cyclones days in advance. According to the company, the algorithm was developed through a collaboration between its Google Research and DeepMind units. It’s available through …
Sam Altman-backed network infrastructure startup Meter raises $170M
Meter Inc., a startup that helps companies build corporate networks, has raised $170 million in funding from a group of prominent investors. General Catalyst led the round. Meter detailed in its announcement of the deal today that Baillie Gifford, J.P. Morgan, Microsoft …
AMD debuts new flagship MI350 data center graphics cards with 185B transistors
Advanced Micro Devices Inc. today introduced a new line of artificial intelligence chips that it says can outperform Nvidia Corp.’s Blackwell B200 at some tasks. The Instinct MI350 series, as the product family is called, includes two graphics cards. There’s the top-end …
Securonix acquires threat intelligence startup ThreatQuotient
Securonix Inc. today announced that it has acquired fellow cybersecurity startup ThreatQuotient Inc. to enhance its breach prevention capabilities. The terms of the deal were not disclosed. Addison, Texas-based Securonix is backed by more than $1 billion in funding. It raised most …
SailPoint shares jump 14%+ on strong first-quarter earnings
Shares of cybersecurity provider SailPoint Technologies Inc. rose more than 14% today after it posted quarterly results that topped expectations across the board. The company also upgraded its full-year guidance. The earnings report is SailPoint’s second since going public in February. The …
Following Neon acquisition, Databricks launches serverless Lakebase database
Databricks Inc. today introduced a new serverless database called Lakebase that can process more than 10,000 queries per second. The service is based on PostgreSQL, a popular open-source relational database. It’s powered by technology that Databricks obtained through its recent acquisition of …
Meta reportedly forming superintelligence lab amid Llama 4 Behemoth delays
Meta Platforms Inc. is reportedly forming a new lab to develop superintelligence, a term for artificial intelligence models that can outperform humans at many tasks. The New York Times detailed the initiative today. Alexandr Wang, the co-founder and chief executive of Scale …
Glean nabs $150M in funding at $7.2B valuation
Glean Technologies Inc., a developer of artificial intelligence productivity tools, today announced that it has raised $150 million in a late-stage funding. Wellington Management led the Series F round. It was joined by Khosla Ventures, Bicycle Capital, Geodesic Capital, Archerman Capital and …
Mistral AI debuts new Magistral series of reasoning LLMs
Mistral AI SAS today introduced Magistral, a new lineup of reasoning-optimized large language models. The LLM series includes two algorithms on launch. The first, Magistral Small, is available under an open-source license and features 24 billion parameters. It’s joined by a more …