Maria Deutscher
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Travis Kalanick’s industrial automation startup Atoms raises $1.7B in funding
Atoms, a startup led by Uber Technologies Inc. co-founder Travis Kalanick, has closed a $1.7 billion investment. The company disclosed in its Wednesday funding announcement that Andreessen Horowitz led the raise. The venture capital firm was joined by more than a half-dozen others, including Uber. Additionally, Atoms has raised an unspecified amount of debt financing ...
OpenAI introduces Presence to help enterprises build AI agents
OpenAI Group PBC today introduced a product called Presence that enterprises can use to build artificial intelligence agents. The company is using the software to power its call center. According to OpenAI, Presence matched help desk representatives’ response quality within a few weeks of going live. The platform currently processes about 75% of the ChatGPT ...
Oracle debuts Base Database Cloud@Customer system for on-premises databases
Oracle Corp. today debuted new infrastructure that enterprises can use to run its flagship database at locations such as branch offices. The system is known as Base Database Cloud@Customer. Oracle already offers several hybrid cloud systems that enable companies to run its software on-premises. One of the systems, the Exadata Cloud@Customer X11M, is specifically optimized ...
Anthropic to buy up to 2 gigawatts of GPU capacity from AMD
Anthropic PBC will purchase up to 2 gigawatts’ worth of graphics cards from Advanced Micro Devices Inc. as part of a multibillion-dollar deal announced today. The partnership also has several other components. Notably, AMD will invest up to $5 billion in Anthropic and use Claude to speed up its software development efforts. The artificial intelligence ...
SkyPilot nabs $20M to ease AI infrastructure management
Infrastructure automation startup SkyPilot Inc. launched today with $20 million in seed funding. Lux Capital led the raise with participation from several other institutional backers. The funds were joined by Databricks Inc. Chief Executive Officer Ali Ghodsi, Google LLC Chief Scientist Jeff Dean and other prominent angel investors. San Francisco-based SkyPilot commercializes an open-source project ...
Intel to manufacture firewall chips for Fortinet, its first public foundry customer
Intel Corp. today announced that it will produce processors for Fortinet Inc. firewalls. The deal marks a major milestone for the chipmaker’s foundry business. The unit, which makes processors for other companies based on their custom designs, is at the center of Intel’s long-term growth strategy. Fortinet is the first foundry customer that the chipmaker ...
AI data center builder Fluidstack raises $830M at $7.5B valuation
Fluidstack Ltd., a startup helping Anthropic PBC build artificial intelligence data centers, has raised $830 million in funding. The company announced the Series A round on Monday. The lead investor was Situational Awareness, an AI-focused fund backed by Stripe Inc.’s founders. The investment values Fluidstack at $7.5 billion. Fluidstack entered the limelight last November when ...
Google reportedly developing ‘Frozen v2’ AI chip optimized for Gemini models
Google LLC is reportedly developing a new chip optimized to run its Gemini series of artificial intelligence models. Sources told The Information today that the processor is codenamed “Frozen v2.” According to the publication, it’s expected to provide between six and 10 times better performance per watt than the search giant’s current silicon. Shares of ...
AI materials science startup CuspAI raises $450M in funding
CuspAI Ltd., a startup using artificial intelligence to discover new materials, today announced that it has raised $450 million in funding. The U.K.-based company also formed a chemical research consortium that includes Nvidia Corp. and Samsung Electronics Co. CuspAI’s Series B round values it at $2.6 billion. The deal was led by Kleiner Perkins and NEA ...
Microsoft will use AMD’s AI-optimized Helios racks in Azure
Microsoft Corp. will use Advanced Micro Devices Inc.’s upcoming Helios rack design to power some Azure services. The cloud and operating system giant announced the partnership today alongside three new instance families. Helios is a reference design, a blueprint that AMD’s manufacturing partners can use to make data center racks. Each system contains 72 of ...