Maria Deutscher
Latest from Maria Deutscher
Anthropic, Meta reportedly discussing $10B data center leasing deal
Anthropic PBC is reportedly seeking to lease some of Meta Platforms Inc.’s data center capacity. The New York Times today cited three sources as saying that the deal could be worth $10 billion over two years. However, the report noted that the companies’ discussions are at an early stage and could fall through. The idea of ...
Databricks raising new funding at $188B valuation
Databricks Inc. is in the process of finalizing a funding round that will value it at $118 billion. The company announced the deal on Thursday without disclosing the amount that it’s raising. According to the Wall Street Journal, the round will add $3 billion to Databricks’ balance sheet. Coatue is leading the investment with contributions ...
Inference cloud operator General Compute raises $400M in debt financing
Artificial intelligence infrastructure startup General Compute Inc. today announced that it has secured $400 million in debt financing. Upper90, the investment firm that is underwriting the round, will initially provide the company with $100 million. General Compute plans to draw down additional funds as customer demand increases. Unlike most AI infrastructure providers, General Compute is ...
EU orders Google to share search data with rivals, broaden Android feature access
The European Union today directed Google LLC to change some of its business practices in the search and mobile markets. Officials outlined the required changes in two documents known as binding specification measures. The European Commission, the EU’s executive branch, issued the orders under a piece of legislation called the DMA. It’s designed to prevent ...
TSMC boosts Arizona fab investment by $100B after strong second quarter
Taiwan Semiconductor Manufacturing Co. today posted second-quarter results that handily topped analyst expectations. The company also announced plans to expand its fab complex in Arizona. TSMC intends to build at least four additional facilities at a cost of $100 billion, which will bring its total investment in the site to $265 billion. The chipmaker’s profit ...
AI infrastructure startup Fireworks closes $1.5B round at $17.5B valuation
Fireworks AI Inc., a startup that helps developers train and run artificial intelligence models, has raised $1.5 billion in funding. Atreides Management, Index Ventures and TCV jointly led the Series D round. Fireworks stated in its funding announcement Wednesday that they were joined by more than a half-dozen other backers, including Nvidia Corp. The company ...
Intel starts using ASML’s High NA EUV technology to produce chips
Intel Corp. has started using ASML Holding NV’s newest lithography hardware to produce processors. The Dutch chipmaking equipment maker disclosed the milestone today. The announcement coincided with the release of its quarterly earnings report, which topped expectations across the board. Lithography machines use light to etch transistors into silicon wafers. ASML is the world’s largest ...
Identity management startup Oak launches with $60M in funding
Oak Inc., a startup that helps companies prevent unauthorized access to their applications, launched today with $60 million in seed funding. Accel, Greylock Partners and CRV jointly led the round. They were joined by Hetz Ventures, AlphaDrive Ventures and several unnamed angel investors. Tel Aviv-based Oak is led by Chief Executive Officer Shai Morag, who ...
Construction robot startup Monumental reels in $32M
Monumental BV, a Dutch startup that operates a fleet of bricklaying robots, has raised $35 million in funding. Khosla Ventures led the Series B investment. Monumental stated in its funding announcement today that existing backers Plural and Hummingbird chipped in as well. Monumental uses robots to construct the walls of homes, schools and other buildings. ...
Construction automation startup TerraFirma raises $115M
TerraFirma Inc., a startup with a platform that enables construction teams to remotely operate heavy machinery, has raised $115 million in funding. The bulk of the capital arrived in the form of a $100 million Series A round led by Kleiner Perkins. TerraFirma disclosed today that Bain Capital, Definition and more than a half-dozen other ...