Maria Deutscher
Latest from Maria Deutscher
AI agent startup Lyzr reportedly raising $100M at $500M valuation
Lyzr Inc., a startup that helps enterprises build artificial intelligence agents, is reportedly raising a funding round worth about $100 million. Bloomberg today cited sources as saying that the deal has drawn $400 million worth of interest from prospective investors. The group reportedly includes Silicon Valley funds, Middle Eastern venture capital firms and financial institutions. ...
Prime Intellect raises $130M at $1B valuation for its AI training platform
Artificial intelligence training startup Prime Intellect Inc. has raised $130 million in funding from a group of prominent investors. The consortium included Nvidia Corp.’s NVentures, Intel Capital and Dell Technologies Capital. They were joined by more than a dozen others, including Cloudflare Inc. Chief Executive Matthew Prince. Prime Intellect stated in its Tuesday funding announcement ...
OpenAI launches GPT-Live voice model series ahead of broad GPT-5.6 release
OpenAI Group PBC today introduced GPT-Live, a family of artificial intelligence models optimized to process spoken instructions. The model series will power ChatGPT’s voice mode. Additionally, OpenAI plans to make it available to developers via an application programming interface. GPT-Live includes two models on launch. GPT-Live-1, the more capable of the two, will be the ...
Inference chip startup SambaNova valued at $11B in $1B funding round
Chip startup SambaNova Inc. today announced that it has raised $1 billion in funding at a $11 billion valuation. General Atlantic led the Series F round with contributions from more than a dozen others. Intel Capital, Vista Equity Partners and JPMorgan Chase & Co. were among the participants. The investment follows a $350 million round ...
Meta launches image generation model with coding, search capabilities
Meta Platforms Inc. today debuted an image generation model that can write code and search the web. Muse Image is the second algorithm released to date by Meta Superintelligence Labs, the company’s artificial intelligence research group. The first is the Muse Spark large language model that made its debut in April. Both algorithms are available ...
Encryption management startup Keyfactor raises $1B+ in funding
Keyfactor Inc., a provider of software tools that help enterprises encrypt their data, has raised more than $1 billion from investment firm Summit Partners. The company announced the deal on Monday. Keyfactor’s other institutional backers, which have invested more than $200 million in the company, are set to retain “significant” stakes. A large company uses ...
Barracuda Networks acquires access management startup Evo Security
Barracuda Networks Inc. today announced that it has acquired Evo Security Inc., a startup with a platform for managing employee access to business applications. The terms of the deal were not disclosed. Campbell, California-based Barracuda is a major provider of cybersecurity software. It offers a platform called BarracudaONE that can protect email inboxes, networks and ...
Anthropic inks $19B AI data center lease with TeraWulf
Anthropic PBC will pay $19 billion to lease a TeraWulf Inc. data center for 20 years. TeraWulf, a Nasdaq-listed developer of artificial intelligence infrastructure, announced the deal today. The company’s shares rose 4.8% on the news. The data center that Anthropic has agreed to lease is currently being built on the site of a former ...
AI post-training startup Bespoke Labs raises $40M in funding
Bespoke Labs Inc., a startup working to streamline the post-training phase of artificial intelligence projects, has raised $40 million in funding. The company stated today that the capital arrived in two tranches. Bespoke Labs raised the bulk of the funds, $31.75 million, through a Series A round led by Wing VC. The firm was joined ...
Smart glasses startup Even Realities raises $150M
Even Realities Ltd., a Shenzhen-based smart glasses startup, has raised $150 million in funding at a $1 billion valuation. TechCrunch reported today that the round was led by Meituan, China’s largest food delivery provider. WeChat parent company Tencent Inc. participated as well. Even Realities’ flagship product is a $599 pair of smart glasses called the ...