Maria Deutscher
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StorONE upgrades its storage platform with new data tiering, recovery features
Startup StorONE Inc. today released a new version of its software platform that promises to make enterprise storage environments easier to run. New York-based StorONE is backed by $30 million in funding. Companies use its platform to manage the cloud and on-premises storage infrastructure in which they keep their data. The company says the software ...
AI search engine startup Genspark reportedly raises $100M at $530M valuation
Genspark, an artificial intelligence search startup that competes with Google LLC, has reportedly raised $100 million in funding. Reuters today cited sources as saying that the round was led by a group of U.S. and Singapore-based investors. The deal reportedly values Genspark at $530 million, more than twice what it was worth in June. Genspark, ...
Apple disables Advanced Data Protection in the UK after backdoor request
Apple Inc. has disabled Advanced Data Protection for U.K. users following a reported request from the government to build a backdoor into the feature. The company made the encryption tool inaccessible today at 3 p.m. local time. Customers who activated Advanced Data Protection, or ADP, earlier can continue using it for now. However, they will ...
OpenAI reaches 400M weekly active users, doubles enterprise customer base
OpenAI today disclosed that ChatGPT and its other products have more than 400 million active weekly users, a 33% increase from December. OpenAI Chief Operating Officer Brad Lightcap (pictured) told CNBC that the company’s paying customer base is growing rapidly as well. The ChatGPT developer currently has 2 million paying enterprise users, twice as many ...
Together AI raises $305M for its AI-optimized public cloud
Cloud infrastructure startup Together AI Inc. has raised $305 million in new funding at a $3.3 billion valuation. Announced today, the Series B was co-led by General Catalyst and Prosperity7. It also included the participation of more than a dozen other investors. The consortium included Nvidia Corp., Salesforce Ventures and former Cisco Systems Inc. Chief ...
RingCentral debuts AI phone agent for automating business calls
RingCentral Inc. today debuted an artificial intelligence agent that companies can embed into their phone systems to automate manual work. The offering is known as the RingCentral AI Receptionist, or AIR for short. NYSE-listed RingCentral is a major provider of communications software, with more than 400,000 customers. Companies use its products to host video meetings, ...
AI recruiting startup Mercor nabs $100M investment at $2B valuation
Mercor Inc., a startup using artificial intelligence to streamline companies’ recruiting efforts, today announced that it has raised $100 million in funding. The Series B round was led by Felicis. General Catalyst, DST Global, Benchmark and Menlo Ventures chipped in as well. Mercor is now reportedly valued at $2 billion, eight times what it was ...
AI infrastructure startup Lambda closes $480M investment
Lambda Labs Inc., a startup with a cloud platform optimized to run artificial intelligence models, today announced that it has raised $480 million from investors. The Series D round reportedly values the company at $2.5 billion. It was led by Andra Capital and SGW with participation from more than a dozen other investors. The group ...
Microsoft debuts groundbreaking Majorana 1 quantum chip with topological qubits
Microsoft Corp. today debuted the Majorana 1, an eight-qubit chip that it touts as a major breakthrough in quantum computing. The processor is powered by quasiparticles called Majorana zero modes. Qubits made from such quasiparticles are less susceptible to errors than other quantum circuits. As a result, Microsoft believes Majorana 1’s architecture could hold the ...
Google researchers develop AI co-scientist based on Gemini 2.0
Google LLC today introduced a new artificial intelligence tool designed to help researchers study scientific phenomena more efficiently. The company describes the tool as an AI co-scientist. It’s powered by Gemini 2.0, the latest iteration of Google’s flagship large language model family. The LLMs in the series can process multimodal data and have a tool ...