Maria Deutscher
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Inference chip startup Etched launches with $800M in funding
Etched Inc., a developer of artificial intelligence inference chips, launched today with $800 million in funding. The startup raised the capital over multiple rounds. The most recent investment, which closed in December, valued Etched at $5 billion. It included the participation of VentureTech Alliance, a startup fund associated with Taiwan Semiconductor Manufacturing Co. It was ...
Stathera nabs $55M to make vacuum-sealed silicon oscillators for AI chips
Chip component supplier Stathera Inc. today announced that it has closed a $55 million funding round. Semiconductor-focused fund Maverick Silicon led the Series A deal. It was joined by chipmaker MediaTek Inc.’s venture capital arm, Celesta Capital and several others. Every modern processor includes an oscillator, a component that generates a signal at specific time ...
Space launch provider Rocket Lab to buy satellite operator Iridium for $8B
Rocket Lab Corp. today announced plans to acquire Iridium Communications Inc., a major satellite operator, for $8 billion in cash and stock. The companies expect to complete the transaction in mid-2027. Rocket Lab is the developer of Electron, a 60-foot launch vehicle optimized to take satellites into low Earth orbit, or LEO. The company completed ...
AI software development startup 8090 nabs $135M funding round
Software development automation startup 8090 Solutions Inc. today announced that it has raised $135 million in funding. Salesforce Ventures led the Series A round. It was joined by Palo Alto Networks Inc. Chief Executive Nikesh Arora, Quora Inc. co-founder Adam D’Angelo and more than a half-dozen others. Menlo Park, California-based 8090 was launched in 2024 ...
South Korea launches $584B chip manufacturing initiative with Samsung, SK hynix
The South Korean government today announced a 900 trillion won, or $584 billion, initiative to grow the country’s chip manufacturing capacity. Officials also plan to build about $357 billion worth of artificial intelligence data centers. The chip manufacturing initiative will be led by Samsung Electronics Co. and SK hynix Inc., which intend to open two ...
IBM and Red Hat partner with Deloitte to fix open-source vulnerabilities
Deloitte Touche Tohmatsu Ltd. is joining an initiative that IBM Corp. and its Red Hat unit launched in May to fix open-source software vulnerabilities. The companies announced the move today. U.K.-based Deloitte launched in the middle of the 18th century as an accounting firm. Today, it’s the world’s largest provider of professional services with $70.5 ...
OpenAI introduces GPT-5.6 to challenge Claude Mythos 5
OpenAI Group PBC today introduced GPT-5.6, a new series of large language models that it says can outperform Claude Mythos 5 across certain coding tasks. The most advanced algorithm in the lineup is known as Sol. It’s available alongside a midrange option called Terra and an entry-level model dubbed Luna. All three artificial intelligence models ...
Unconventional AI debuts oscillator-based Un-0 model series
Unconventional AI Inc. has developed an artificial intelligence architecture that could improve the power efficiency of image generation models. The technology is the basis of a new neural network series, Un-1, that the company released on Thursday. Unconventional AI is led by Chief Executive Naveen Rao (pictured, second from the left), the former corporate vice ...
Sail Research raises $80M to optimize long-horizon AI agents
Artificial intelligence inference startup Sail Research Inc. today announced that it has raised $80 million in funding at a $450 million valuation. The company received the bulk of the capital in the form of a Series A round led by Sequoia. It earlier raised a seed round led by Kleiner Perkins. Sail Research also counts ...
Scaled Cognition nabs $100M to automate high stakes customer interactions
Artificial intelligence startup Scaled Cognition Inc. today announced that it has raised $100 million in funding. Khosla Ventures led the Series A deal with participation from Genesys Telecommunications Laboratories Inc., a provider of customer service software. The Wall Street Journal reported that Scaled Cognition is now worth $750 million. Founded in 2022, Scaled Cognition sells ...