Maria Deutscher
Latest from Maria Deutscher
Mirendil Inc., a startup developing artificial intelligence models for scientists, has raised $200 million in funding at a $1 billion valuation. The seed round was led by Andreessen Horowitz. Mirendil stated in its Wednesday funding announcement that Kleiner Perkins, Nvidia Corp. and …
Memory maker SK hynix files for $29B US IPO amid AI demand
SK hynix Inc., the world’s largest supplier of HBM memory, today filed to list its shares on the Nasdaq stock exchange. The South Korean company hopes to sell up to 17.79 million shares for $29.4 billion. The public offering is expected to …
Qualcomm shares jump 14% on Modular acquisition, guidance upgrade
Qualcomm Inc.’s stock jumped 14% in after-hours trading today after it shared a series of updates about its artificial intelligence roadmap. The company announced plans to acquire an inference software startup called Modular Inc. and previewed two upcoming AI chips. Additionally, Qualcomm …
OpenAI, Broadcom debut custom Jalapeño chip for AI inference
OpenAI Group PBC today revealed a custom chip called Jalapeño that it will use to power its large language models. The processor is the fruit of a collaboration with Broadcom Inc., which is no stranger to custom silicon design. The company helped …
Upbound open-sources Modelplane to optimize inference clusters
Upbound Inc. today released Modelplane, a new open-source tool for managing artificial intelligence inference clusters. San Francisco-based Upbound is backed by $69 million from Alphabet Inc.’s GV fund, Intel Capital and others. It’s best known as the creator of Crossplane, an open-source …
Orderful nabs $35M to streamline supply chain data management
Orderful Inc., a startup using artificial intelligence to make supply chains more efficient, today announced that it has raised $35 million in funding. The Series C round was led by Koch Disruptive Technologies with participation from NewRoad Capital. It brings Orderful’s total …
Blockchain data provider Allium raises $40M in funding
Allium Inc., a startup that provides financial institutions with data about the cryptocurrency market, has raised $40 million in funding. Amplify Partners led the Series A round. Allium stated in its announcement of the deal today that Kleiner Perkins and Theory Ventures …
AlpSemi raises $19.5M to make semiconducting power switches for AI data centers
French semiconductor startup AlpSemi SAS today announced that it has raised €17 million, or about $19.5 million, in funding. The investment was led by Paris-based private equity firm Yotta Capital. Nasdaq-listed chipmaker Navitas Semiconductor Corp., SE Ventures and Cycle Group contributed as …
Prosper AI nabs $30M to help healthcare providers streamline patient interactions
Prosper AI Inc., a provider of artificial intelligence software for healthcare organizations, today announced that it has raised $30 million in funding. The Series A round was led by Andreessen Horowitz. Y Combinator, Base10, Emergence Capital and Company Ventures chipped in as …
AI networking provider Upscale AI raises $190M at $2B valuation
Data center networking startup Upscale AI Inc. today announced that it has raised $190 million in fresh funding. The capital was provided as an extension to a $200 million Series A round that the company first closed in January. The new raise …