Maria Deutscher
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As Anthropic launches Claude Opus 4.8, it raises $65B in new funding
Anthropic PBC today introduced a new large language model, Claude Opus 4.8, that’s significantly better than its predecessor at complex coding tasks. The company announced the LLM alongside another major business milestone. Anthropic has raised $65 billion in new funding at a $965 billion valuation to buy more computing infrastructure. The company evaluated Claude Opus ...
IBM, Red Hat launch $5B Project Lightwell to boost open-source security
IBM Corp. and its Red Hat subsidiary today launched an initiative called Project Lightwell to improve the security of open-source projects. Project Lightwell is backed by a $5 billion commitment. In addition, IBM and Red Hat will assign more than 20,000 engineers to the initiative. Red Hat, which became part of IBM through a 2019 ...
Utilidata raises $40M more to optimize data center power use
Utilidata Inc. today disclosed that it has raised $40 million in funding from Renown Capital Partners and Keyframe Capital. The cash infusion comes as an extension to a $60.3 million Series C round the company closed in April. That deal included the participation of Nvidia Corp. Utilidata will use the newly expanded round to expand ...
Marvell, Synopsys close lower despite forecast-topping earnings buoyed by AI
Semiconductor specialists Marvell Technology Inc. and Synopsys Inc. today posted quarterly revenue numbers that topped analyst expectations. The two companies also raised their guidance. Both attributed the increase to growing demand from artificial intelligence data center builders. That’s a positive signal for the broader chip market, where Marvell and Synopsys play important roles. Nevertheless, the ...
Vibe coding startup Cognition more than doubles valuation in new $1B+ round
Cognition Inc., a provider of artificial intelligence programming tools, today announced that it has raised more than $1 billion in funding. Lux Capital, General Catalyst and 8VC led the Series D round with contributions from more than a dozen others. The deal values Cognition at $26 billion, about $16 billion more than what it was ...
AWS launches Agentic Shopping Assistant to help retailers build AI tools
Amazon Web Services Inc. today introduced a new offering designed to help retailers integrate artificial intelligence features into their online stores. AWS Agentic Shopping Assistant, or ASA, combines several of the cloud giant’s AI products with professional services. ASA is derived from a tool called Alexa for Shopping tool that Amazon.com Inc. added to its ...
AI video analysis startup Airis Labs raises $60M
Airis Labs Ltd., a provider of video analysis software for government agencies, launched today with $60 million in funding. The startup raised just over half the capital through a Series A round led by PSG Equity. The growth equity firm was joined by TLV Partners, Stepstone Group, Redseed Ventures and multiple angel investors. Airis provides ...
Broadcom debuts new Wi-Fi 8 chips, optical network processor
Broadcom Inc. today debuted three new chips designed to power multi-gigabit Wi-Fi 8 routers. Wi-Fi 8 is an upcoming version of the eponymous networking standard that is set to be finalized in 2028. Chipmakers have already started implementing key components of the specification in their products. One of Wi-Fi 8’s flagship features is SMD roaming, ...
AI training data provider Human Archive raises $8.2M
Artificial intelligence training data provider Human Archive Inc. today announced that it has raised $8.2 million in funding. Wing Venture Capital, NVP Capital, Y Combinator headlined the consortium that provided the capital. The funds were joined by employees at Nvidia Corp., OpenAI Group PBC, Google LLC and other major players in the AI market. AI ...
Logistics startup Stord raises $250M at $3B valuation amid rapid sales growth
Stord Inc., a startup that helps consumer brands deliver their merchandise to customers, has raised $250 million in late-stage funding. The company disclosed in its announcement of the Series F round today that more than half a dozen investors took part. The consortium included asset management heavyweights Franklin Templeton and Baillie Gifford. Stord is now ...