Maria Deutscher – SiliconANGLE

Sam Altman reportedly backs $1B round for AI healthcare startup Retro Biosciences

Maria Deutscher — Fri, 24 Jan 2025 22:10:05 +0000

Retro Biosciences Inc., a startup using artificial intelligence to discover new drugs, is reportedly raising $1 billion in funding to support its research. The Financial Times today cited sources as saying that OpenAI Chief Executive Sam Altman is participating in the investment. He previously provided the initial $180 million funding round that helped launch Retro. […]

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New details emerge about Project Stargate as Meta discloses $60B+ AI investment

Maria Deutscher — Fri, 24 Jan 2025 20:03:23 +0000

New details have emerged about Project Stargate, the $500 billion initiative through which OpenAI hopes to build a cluster of artificial intelligence data centers. The Financial Times reported on Thursday that the project currently lacks a fully developed plan. The initiative’s funding has not been finalized either, sources told the publication. OpenAI, SoftBank Group Corp. […]

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OpenAI releases Operator agent as rivals enhance their AI services

Maria Deutscher — Thu, 23 Jan 2025 23:35:52 +0000

OpenAI today introduced Operator, an artificial intelligence agent that can automatically perform tasks on users’ behalf. Two of the company’s highest-profile rivals announced their own product updates in conjunction. Perplexity AI Inc., a startup with a popular AI search engine, introduced an agent similar to Operator for its Android app. Anthropic PBC, which already offers […]

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CMA opens investigations into Apple and Google over mobile practices

Maria Deutscher — Thu, 23 Jan 2025 22:00:28 +0000

The U.K.’s antitrust regulator today opened investigations into Apple Inc. and Google LLC over their business practices in the mobile market. The Competition and Markets Authority, or CMA, is picking up where it left off last August. That month, the regulator closed a pair of probes into Apple and Google it had launched in 2021 […]

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Hugging Face open-sources world’s smallest vision language model

Maria Deutscher — Thu, 23 Jan 2025 19:54:59 +0000

Hugging Face Inc. today open-sourced SmolVLM-256M, a new vision language model with the lowest parameter count in its category. The algorithm’s small footprint allows it to run on devices such as consumer laptops that have relatively limited processing power. According to Hugging Face, it could potentially run in browsers as well. The latter feature is […]

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Samsung debuts new Galaxy S25 smartphone series with Google’s Gemini AI assistant

Maria Deutscher — Wed, 22 Jan 2025 23:39:25 +0000

Samsung Electronics Co. Ltd. today debuted the Galaxy S25 smartphone series, its new flagship line of Android handsets. The product family comprises three devices: the top-end S25 Ultra, the mid-range S25 Plus and the entry-level S25. All three use Google LLC’s Gemini as the default artificial intelligence assistant, replacing Samsung’s internally developed Bixby chatbot. The […]

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Google reportedly invests $1B+ in OpenAI rival Anthropic

Maria Deutscher — Wed, 22 Jan 2025 22:16:07 +0000

Google LLC is investing more than $1 billion in Anthropic PBC, the Financial Times reported today. The cash infusion comes on top of the $2 billion that Google has already provided to the artificial intelligence developer. Separately, Anthropic is said to be raising $2 billion from a group of institutional investors led by Lightspeed Venture Partners. […]

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Databricks completes $10B funding round, raises $5.25B in debt

Maria Deutscher — Wed, 22 Jan 2025 20:08:38 +0000

Databricks Inc. has closed the mammoth $10 billion funding round it announced last month. The company disclosed the milestone today alongside the completion of a new $5.25 billion debt raise. JPMorgan Chase led the latter deal with participation from Barclays, Citi and other financial institutions. Reports of Databricks’ funding round first emerged in November. At […]

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Perplexity launches Sonar API for building applications with search capabilities

Maria Deutscher — Tue, 21 Jan 2025 23:47:32 +0000

Perplexity AI Inc. today introduced an application programming interface that will enable developers to embed search features into their applications. The API is available in two editions: Sonar and Sonar Pro. Both use the company’s Sonar series of large language models to process search queries. The API’s release comes two months after Perplexity reportedly raised […]

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HPE investigating potential breach after hacker claims to steal data

Maria Deutscher — Tue, 21 Jan 2025 22:10:56 +0000

Hewlett Packard Enterprise Co. is investigating a potential breach of its network after a hacker offered to sell data purportedly stolen from the company. TechCrunch reported the cyberattack today, citing a post on a cybercrime forum dated Jan. 16. In the post, a hacker with the username “IntelBroker” is offering to sell data stolen from […]

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Trump suspends TikTok ban, signs tech-focused executive orders

Maria Deutscher — Tue, 21 Jan 2025 20:13:03 +0000

President Donald Trump has issued an executive order that suspends the U.S. government’s ban of TikTok for 75 days. The directive was included in a batch of technology-focused executive orders that Trump signed late Monday. Another renamed the United States Digital Service, a government office that helps maintain federal websites, and granted it new responsibilities. […]

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CubeFS storage platform graduates from CNCF incubation

Maria Deutscher — Tue, 21 Jan 2025 14:00:55 +0000

The Cloud Native Computing Foundation today announced that CubeFS, an open-source storage platform, has graduated from its incubation program. The milestone follows several years of development. Open-source projects exit the Cloud Native Computing Foundation’s incubation program after they reach a level of reliability that makes them suitable for production use. According to the group, CubeFS […]

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DeepSeek open-sources its R1 reasoning model series

Maria Deutscher — Mon, 20 Jan 2025 22:12:06 +0000

DeepSeek today released a new large language model family, the R1 series, that’s optimized for reasoning tasks. The Chinese artificial intelligence developer has made the algorithms’ source-code available on Hugging Face. The LLM lineup is headlined by two algorithms called R1 and R1-Zero. According to DeepSeek, the former model outperforms OpenAI’s o1 across several reasoning […]

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Cybersecurity startup Tenex launches with an AI-powered cloud MDR service

Maria Deutscher — Mon, 20 Jan 2025 20:07:36 +0000

Cybersecurity startup Tenex.AI Inc. launched today with a managed detection and response service powered by artificial intelligence. The company is backed by an undisclosed amount of funding from Andreessen Horowitz, Shield Capital and a group of angel investors. Tenex is led by co-founder and Chief Executive Officer Eric Foster. He was previously the president of […]

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Instabase raises $100M for its AI-powered unstructured data platform

Maria Deutscher — Fri, 17 Jan 2025 23:44:34 +0000

Data management startup Instabase Inc. today announced that it has raised $100 million in funding to support its product development efforts. The Qatar Investment Authority led the Series D round. Returning investors Greylock Partners, NEA, Andreessen Horowitz and Index Ventures participated as well. Bloomberg reported that the investment values Instabase at $1.24 billion, below the […]

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Nexos.ai reels in $8M to simplify enterprise AI projects

Maria Deutscher — Fri, 17 Jan 2025 22:18:06 +0000

Nexos.ai, a new startup that helps enterprises run large language models in production, launched today with $8 million from investors. Index Ventures led the funding round. It was joined by Creandum, Dig Ventures and the chief executives of several major tech firms. The list includes Datadog Inc., Wix.com Ltd., financial technology company Klarna Bank AB […]

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Supreme Court unanimously upholds law banning TikTok

Maria Deutscher — Fri, 17 Jan 2025 19:54:09 +0000

The Supreme Court today upheld a law that will require TikTok to shut down in the U.S. on Jan. 19 unless it’s sold by parent company ByteDance Ltd. The court’s ruling was unanimous. Justices Sonia Sotomayor and Neil Gorsuch wrote concurring opinions, judicial opinions that back a ruling but not the underlying reasoning. The decision […]

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HR software startup Borderless AI raises $5M, launches HRGPT search engine

Maria Deutscher — Thu, 16 Jan 2025 23:38:41 +0000

Borderless AI Ventures Inc., a Toronto-based developer of human resources software, today announced that it has raised $5 million in fresh funding. The capital was provided as an extension to a $27 million seed round the company closed last year. The latest raise included the participation of Aidan Gomez and Ivan Zhang, co-founders of large […]

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Lenovo acquires data center storage provider Infinidat

Maria Deutscher — Thu, 16 Jan 2025 22:00:05 +0000

Lenovo Group Ltd. today announced that it’s acquiring Infinidat Ltd., a venture-backed provider of data center storage systems. The deal’s financial terms were not disclosed. Infinidat previously raised more than $350 million in funding from TPG, Goldman Sachs and other investors. The company achieved profitability in 2022. Infinidat offers two storage array families known as […]

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Blue Origin flies its New Glenn rocket to orbit with satellite deployment system aboard

Maria Deutscher — Thu, 16 Jan 2025 20:09:17 +0000

Blue Origin Enterprises LP, Jeff Bezos’ aerospace company, today conducted the first successful flight of its New Glenn rocket. The heavy-lift vehicle includes a reusable booster designed for up to 25 launches. Blue Origin will use future New Glenn rockets to deploy satellites for Amazon.com Inc. and other private sector customers, as well as help […]

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US places new set of export restrictions on advanced chips

Maria Deutscher — Wed, 15 Jan 2025 23:34:19 +0000

The U.S. Commerce Department is rolling out a new set of export restrictions designed to prevent China from obtaining advanced chips. The rules were announced today by the department’s Bureau of Industry and Security. The export restrictions focus on chip foundries, or companies that make semiconductors for other organizations. Bloomberg reported that Taiwan Semiconductor Manufacturing […]

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Report: TikTok plans to shut down its app in the US ahead of ban – but Trump may suspend it

Maria Deutscher — Wed, 15 Jan 2025 22:02:30 +0000

Updated: TikTok plans to make its popular social media app inaccessible in the U.S. on Jan. 19, The Information reported this morning. The looming shutdown is connected with a ban on the service that will go into effect the same day. TikTok reportedly won’t proceed with the plan if the U.S. Supreme Court scraps the […]

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Microsoft and Google roll out new pricing for their AI productivity tools

Maria Deutscher — Wed, 15 Jan 2025 20:01:02 +0000

Microsoft Corp. and Google LLC today revamped the pricing of the generative artificial intelligence features built into their respective productivity suites. The changes are part of an effort on the companies’ part to boost the adoption of their AI tools among business users. Microsoft ships an AI assistant called Copilot as part of its Microsoft […]

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AI chip startup Blaize goes public via $1.2B SPAC merger

Maria Deutscher — Tue, 14 Jan 2025 23:47:48 +0000

Blaize Holdings Inc., a startup developing artificial intelligence chips optimized for power-efficiency, today announced that it will go public on the Nasdaq stock exchange. The listing will take the form of a SPAC merger. In such deals, investors create a so-called special-purpose acquisition company, or SPAC, and then take it public. This company then merges […]

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Biden signs executive order that will make federal lands available for AI infrastructure

Maria Deutscher — Tue, 14 Jan 2025 22:01:37 +0000

President Joe Biden today signed an executive order that will make federal lands available for artificial intelligence data centers. The order also seeks to support green energy projects that can meet those facility power requirements. According to The Verge, the Lawrence Berkeley National Laboratory recently determined that data centers’ electricity usage has tripled over the […]

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UK launches antitrust investigation into Google’s search business

Maria Deutscher — Tue, 14 Jan 2025 20:10:40 +0000

The U.K.’s antitrust regulator has launched a probe into Google LLC’s practices in the search market. The Competition and Markets Authority, or CMA, announced the investigation today. The move comes four months after a U.S. court found that Google maintains an illegal monopoly in the search and search text advertising markets. The Justice Department is […]

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Microsoft forms new AI engineering group led by Jay Parikh

Maria Deutscher — Mon, 13 Jan 2025 23:39:35 +0000

Microsoft Corp. is forming a new engineering group that will be led by Jay Parikh, a former Meta Platforms Inc. executive who joined the company last year. Microsoft Chief Executive Officer Satya Nadella announced the move today in a note to employees. The new unit is known as the CoreAI – Platform and Tools group. […]

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Clearwater acquires Enfusion in $1.5B financial software deal

Maria Deutscher — Mon, 13 Jan 2025 22:19:21 +0000

Clearwater Analytics Holdings Inc. today announced plans to acquire Enfusion Inc., a fellow provider of financial software, for $1.5 billion in cash and stock. The offer amounts to $11.5o per share. That’s a 32% premium to Enfusion’s closing price on Sept. 19, the day before word leaked about the acquisition. Clearwater Analytics plans to finance […]

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Biden administration announces new AI chip export controls

Maria Deutscher — Mon, 13 Jan 2025 19:59:18 +0000

The Biden administration today announced new export restrictions focused on artificial intelligence chips and proprietary neural networks. The restrictions are outlined in a policy document known as the Interim Final Rule on Artificial Intelligence Diffusion. According to Axios, the goal is to prevent China from obtaining advanced AI chips through third countries. The Biden administration […]

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Overhaul raises $55M for its AI-powered cargo management platform

Maria Deutscher — Fri, 10 Jan 2025 23:44:32 +0000

Overhaul Group Inc., a startup helping enterprises protect merchandise while it travels through their supply chains, has raised $55 million in fresh funding. The company said in its announcement of the round today that Springcoast Partners was the lead investor. Returning backers Edison Partners and Americo chipped in as well. The cash infusion brings its […]

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