Maria Deutscher
Latest from Maria Deutscher
Shares of Uber Technologies Inc. closed 2.5% lower today after it posted mixed financial results for its first quarter. The company generated net income of $1.78 billion in the three months ended March 31, or 83 cents per share on an adjusted …
AI data provider Toloka raises $72M in funding
Toloka AI BV, a Dutch provider of datasets for artificial intelligence projects, today announced that it closed a $72 million investment. The round was led by Bezos Expeditions, a fund affiliated with former Amazon.com Inc. Chief Executive Officer Jeff Bezos. Shopify Inc. …
Microsoft backs $60M round for application security startup OX Security
OX Appsec Security Ltd., a startup that helps developers find the most urgent vulnerabilities in their code, has raised $60 million to enhance its technology. The Series B investment was announced today. Lead investor DTCP was joined by Microsoft Corp., IBM Ventures, …
DigitalOcean shares drop despite strong first quarter
DigitalOcean Holdings Inc. today posted first-quarter results that topped the consensus estimate, but its shares nevertheless ended the trading session down more than 13%. The selloff may have been related to the company’s guidance. At the midpoint, DigitalOcean’s sales and profit projections …
ServiceNow debuts customer relationship management platform, new AI tools
ServiceNow Inc. today introduced a new customer relationship management platform and two tools that will make it easier for customers to use artificial intelligence agents. The software maker detailed the offerings at its annual Knowledge 2025 conference. A customer relationship management, or …
Statsig secures $100M in funding for its product testing platform
Statsig Inc., a startup that helps developers measure how well new features are received by users, has raised $100 million in funding. The Series C investment was announced today. ICONIQ Growth led the deal with participation from Sequoia and Madrona. According to …
Databricks reportedly could acquire serverless database startup Neon for $1B+
Databricks Inc. is reportedly seeking to buy Neon Inc., a startup that sells a commercial version of the open-source PostgreSQL database. Tech publication Upstarts Media today cited sources as saying that the acquisition talks are at an advanced stage. Some insiders reportedly …
OpenAI abandons plan to spin off for-profit arm
OpenAI has scrapped a restructuring initiative that would have separated its for-profit and nonprofit arms. Chief Executive Officer Sam Altman announced the move today in a memo to employees. OpenAI launched in 2015 as a nonprofit artificial intelligence research lab. Four years …
AI code editor startup Anysphere reportedly closes $900M funding round
Anysphere Inc., the startup behind the popular Cursor code editor, has reportedly raised $900 million in funding. Sources told the Financial Times late Sunday that Thrive Capital led the investment. The venture capital firm previously led OpenAI’s $6.6 billion raise last year. …
SonicWall debuts new firewalls and managed cybersecurity service
SonicWall Inc. today debuted two new firewall appliances, the NSa 2800 and NSa 3800, that promise to help companies more effectively block cyberattacks. The devices are rolling out alongside a new managed service called MPSS. It’s designed to reduce the amount of …