Maria Deutscher
Latest from Maria Deutscher
Data center, consumer device chips boost TSMC’s revenue
Taiwan Semiconductor Manufacturing Co. today posted first-quarter revenue and profit numbers that topped the consensus estimate. The company’s data center and consumer device chip businesses played a major role in the earnings beat. TSMC closed the first three months of the year with sales of 1.134 trillion new Taiwan dollars, or about $35 billion, a ...
Developer tooling startup Expo nabs $45M investment
Expo, the developer of a popular open-source tool for building cross-platform applications, today announced that it has raised $45 million in funding. Developers often implement web application interfaces using an open-source library called React. It organizes interface code into easily manageable modules and speeds up webpage loading times. In 2015, Meta Platforms Inc. open-sourced an ...
Hilbert nabs $28M to ease analytics projects for consumer-focused companies
Hilbert AI Co., a provider of analytics software for business-to-consumer brands, today announced that it has closed a $28 million funding round led by Andreessen Horowitz. Companies gather data about shoppers’ buying preferences to find ways of optimizing their sales and marketing efforts. The more customers a company has, the more information it can collect. ...
Parasail raises $32M for its pay-per-token inference cloud
Artificial intelligence infrastructure startup Parasail Inc. today announced that it has raised $32 million in early-stage funding. Touring Capital and Kindred Ventures jointly led the Series A round. They were joined by several other funds including Samsung Electronics Co.’s startup investment arm. Renting graphics processing units from a cloud provider often requires companies to sign ...
Artemis reels in $70M to make breach remediation more efficient with AI
Six-month-old cybersecurity startup Artemis Global Technologies Inc. today disclosed that it has raised $70 million in funding. The capital arrived in two tranches. Felicis led the largest of the two transactions, a Series A round, with participation from First Round Capital and Brightmind, the firms that backed Artemis’ seed raise. The company’s investor roster also ...
Google adds reusable prompts to Gemini in Chrome
Google LLC is enhancing the version of its Gemini assistant that is embedded in Chrome with a new time-saving tool called Skills. The capability started rolling out today. It’s accessible on Mac, Windows and ChromeOS when Chrome’s language is set to U.S. English. Earlier this year, Google upgraded its popular browser with a sidebar that ...
OpenAI acquires AI financial planning startup Hiro Finance
OpenAI Group PBC has acquired Hiro Finance Inc., a low-profile startup with an artificial intelligence tool for creating financial plans. Hiro announced the deal on Monday without disclosing its financial terms. The company raised an unspecified amount of funding from Ribbit, General Catalyst and Restive prior to the acquisition. Hiro’s service speeds up the task ...
Amazon to acquire internet satellite operator Globalstar for $11.6B
Amazon.com Inc. has inked a $11.6 billion deal to acquire Globalstar Inc., a publicly traded operator of internet satellites. The companies announced the transaction today. It values Globalstar at $90 per share, a 23% premium to the satellite operator’s last unaffected closing price. The acquisition is set to close in 2027 subject to regulatory approvals ...
Amazon debuts high-speed satellite internet antenna for commercial aircraft
Amazon.com Inc. today debuted a ruggedized antenna that will enable commercial aircraft to access its internet satellites. The Amazon Leo Aviation Antenna can download up to 1 gigabit of data per second and upload 400 megabits. According to the company, those speeds make the device the fastest customer terminal currently in production. The Leo Aviation ...
Electric pickup truck startup Slate Auto raises $650M in funding
Slate Auto Inc., a startup that plans to make electric pickup trucks based on a cost-optimized design, has closed a $650 million funding round. The company stated in its announcement of the Series C round today that TWG Global was the lead investor. According to TechCrunch, Slate previously raised about $750 million from a consortium ...