Maria Deutscher – SiliconANGLE

OpenAI calls for CHIPS Act tax credit to be extended to AI data centers

Maria Deutscher — Sat, 08 Nov 2025 01:04:56 +0000

OpenAI Group PBC has asked the White House to make a tax credit for chip fabs available to artificial intelligence data center builders. Bloomberg reported the request today. OpenAI asked for the tax credit and several other AI industry incentives in a Oct. 27 letter to Michael Kratsios, policy director at the White House Office […]

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Meta announces plans to spend $600B in the US over three years

Maria Deutscher — Fri, 07 Nov 2025 23:39:21 +0000

Meta Platforms Inc. today pledged to invest $600 billion in the U.S. as part of its artificial intelligence push. The company plans to spend the capital over three years. It will invest in new AI data centers, supporting infrastructure such as power transmission lines and workforce expansion. Meta Chief Executive Officer Mark Zuckerberg first floated the […]

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Congressional Budget Office breached by suspected foreign hackers

Maria Deutscher — Fri, 07 Nov 2025 21:22:29 +0000

The Congressional Budget Office has been breached by hackers that are believed to be affiliated with a foreign actor. The CBO disclosed the incident on Thursday. According to the Washington Post, CBO officials first discovered the breach a few days earlier. The agency’s information technology team responded by rolling out new cybersecurity controls. “The Congressional […]

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Appian surges 30% on forecast-topping earnings results

Maria Deutscher — Fri, 07 Nov 2025 00:55:06 +0000

Automation software provider Appian Inc. today posted third-quarter financial results that topped the consensus estimate across the board. The company’s shares surged more than 30% on the strong earnings. Appian provides a platform that can visualize how an organization’s employees perform routine tasks such as processing documents. It displays the steps involved in a task, […]

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Datadog shares jump 23% on strong earnings results

Maria Deutscher — Thu, 06 Nov 2025 23:23:40 +0000

Shares of Datadog Inc. closed 23% higher today after it posted quarterly results that handily topped expectations. The company, which sells observability and cybersecurity tools, generated an adjusted operating income of $207 million in the three months ended Sept. 30. That amounted to adjusted earnings of 55 cents per share. Analysts polled by FactSet projected […]

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Microsoft provides update on its AI efforts following OpenAI partnership change

Maria Deutscher — Thu, 06 Nov 2025 21:08:42 +0000

A few days after revising its research collaboration with OpenAI, Microsoft Corp. has shared an update about its artificial intelligence development efforts. Mustafa Suleyman, chief executive of the company’s Microsoft AI group, detailed the engineering push in a blog post published today. The tech giant has formed a unit called the MAI Superintelligence Team to […]

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Fortinet, SentinelOne and CrowdStrike debut new AI security features

Maria Deutscher — Thu, 06 Nov 2025 00:38:44 +0000

Three of the world’s largest cybersecurity companies today announced product updates designed to help enterprises protect their artificial intelligence workloads. Fortinet Inc. debuted a firewall appliance optimized for AI workloads. SentinelOne Inc. and CrowdStrike Holdings Inc., in turn, introduced new AI features focused on making cybersecurity teams more productive. Nasdaq-listed Fortinet provides software that enterprises […]

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DualBird raises $25M for its custom-chip-powered data processing platform

Maria Deutscher — Wed, 05 Nov 2025 23:00:50 +0000

DualBird Inc., a startup using customizable field-programmable gate arrays to speed up data processing workloads, today announced that it has raised $25 million in funding. Lightspeed Venture Partners led the investment. It was joined by Bessemer Venture Partners, Angular Ventures and Uncork Capital. DualBird will use the funds to accelerate its go-to-market efforts. Companies prepare […]

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Alphabet’s CapitalG backs $435M round for connected device security startup Armis

Maria Deutscher — Wed, 05 Nov 2025 20:33:16 +0000

Armis Inc., a startup that helps companies secure connected devices such as printers and cell towers, has raised $435 million from investors at a $6.1 billion valuation. Goldman Sachs’ growth equity arm led the investment. Armis said in its announcement of the deal today that Alphabet Inc.’s CapitalG growth fund, Evolution Equity Partners and several […]

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Google to launch satellites equipped with its TPU AI chips in 2027

Maria Deutscher — Wed, 05 Nov 2025 00:35:57 +0000

Google LLC today detailed Project Suncatcher, an initiative to launch artificial intelligence chips into orbit aboard satellites. One of the main motivations behind the project is that solar panels generate significantly more power in space than on Earth. Moreover, there’s no need for batteries. On Earth, batteries provide a backup power source when a solar […]

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UK court mostly sides with Stability AI in AI copyright lawsuit

Maria Deutscher — Tue, 04 Nov 2025 23:13:10 +0000

A U.K. court has mostly sided with Stability AI Ltd. in a case that focused on the startup’s use of copyrighted images to train artificial intelligence models. The High Court of Justice issued the ruling today. London-based Stability AI is an AI model developer backed by more than $170 million in funding. The company is […]

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AWS to build Fastnet subsea internet cable that will link US and Ireland

Maria Deutscher — Tue, 04 Nov 2025 20:31:43 +0000

Amazon Web Services Inc. today announced plans to build a subsea internet cable that will stretch from Maryland to County Cork, Ireland. The cable, which is called Fastnet, is currently in the design phase. It’s expected to become operational in 2028. Fastnet will be capable of transporting more than 320 terabits of data per second, […]

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Portal26 nabs $9M for its AI application governance platform

Maria Deutscher — Tue, 04 Nov 2025 14:05:14 +0000

Portal26 Inc., a startup that helps companies protect employees from risky artificial intelligence applications, has raised $9 million in funding. Shasta Ventures led the Series A investment. It was joined by Fusion Fund and the venture capital arm of an unnamed Fortune 500 financial services firm. Portal26 said in its announcement of the raise today […]

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Quantum diamond microscope startup EuQlid launches with $3M

Maria Deutscher — Tue, 04 Nov 2025 13:00:45 +0000

EuQlid Inc., a startup that has developed a quantum device for analyzing the inner workings of semiconductors, launched today with $3 million in funding. The capital was provided by QDNL Participations and Quantonation, two venture capital firms focused on quantum technologies. The semiconductor development workflow involves a significant amount of testing. After engineers finalize the […]

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Industrial AI startup Octonomy raises $20M in seed funding

Maria Deutscher — Tue, 04 Nov 2025 00:41:31 +0000

Octonomy AI GmbH, a startup with an artificial intelligence platform for companies that operate heavy machinery, today announced that it has raised $20 million in funding. Macquarie Capital Venture Capital led the seed round. It was joined by German bank NRW.Bank, TechVision Fund and Capnamic. The latter firm previously led a $5 million round for […]

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Microsoft to quadruple its UAE AI data center capacity as part of $7.9B investment

Maria Deutscher — Mon, 03 Nov 2025 23:06:17 +0000

Microsoft Corp. plans to grow its data center footprint in the United Arab Emirates significantly through a partnership with a local company. The tech giant announced the initiative today alongside a second major infrastructure investment. Microsoft disclosed that it has commissioned billions of dollars worth of data center capacity from Lambda Labs Inc., a venture-backed […]

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OpenAI inks $38B AI infrastructure deal with AWS

Maria Deutscher — Mon, 03 Nov 2025 20:52:49 +0000

OpenAI Group PBC will rent $38 billion worth of cloud infrastructure from Amazon Web Services Inc. as part of a seven-year partnership announced today. The news comes less than a week after the ChatGPT developer revised the terms of its relationship with Microsoft Corp. The tech giant was OpenAI’s sole cloud provider for about two […]

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Pat Gelsinger-backed Gloo seeking to raise up to $109M in IPO

Maria Deutscher — Fri, 31 Oct 2025 21:18:24 +0000

Gloo Holdings Inc., a provider of software for faith-based organizations that is backed by Pat Gelsinger, plans to raise up to $109.2 million in an initial public offering. Reuters reported the company’s plans on Thursday. In a filing with the U.S. Securities and Exchange Commission, Gloo stated that it hopes to raise the funds by […]

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Former OpenAI researchers launch Applied Compute with $80M in funding

Maria Deutscher — Fri, 31 Oct 2025 00:30:01 +0000

Three former OpenAI researchers have launched a new startup, Applied Compute Inc., that plans to develop custom artificial intelligence models for enterprises. Applied Compute announced on Wednesday that it has raised $80 million in funding. The capital was provided by Benchmark, Sequoia, Lux and a group of angel investors. The company didn’t disclose its valuation. […]

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Figma acquires AI design startup Weavy for reported $200M+

Maria Deutscher — Thu, 30 Oct 2025 23:18:06 +0000

Figma Inc. has bought Weavy Inc., a startup with an artificial intelligence platform for creating images and videos. Figma announced the acquisition today without disclosing its financial terms. Calcalist reported that the transaction values Tel Aviv-based Weavy at more than $200 million. That’s about 50 times the amount of funding the startup raised prior to […]

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China to ease rare earth element restrictions, greenlight TikTok deal following Trump-Xi meeting

Maria Deutscher — Thu, 30 Oct 2025 20:56:45 +0000

China will reportedly ease its restrictions on the export of certain rare earth elements following a meeting between U.S. President Donald Trump and Chinese President Xi Jinping. The summit, which took place today in South Korea, also covered other areas. U.S. officials told reporters that Trump discussed TikTok and the sale of Nvidia Corp.’s graphics […]

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Azure outage takes multiple Microsoft services, customer websites offline

Maria Deutscher — Thu, 30 Oct 2025 00:24:19 +0000

A technical issue in Microsoft Corp.’s Azure cloud platform today disrupted several online services operated by the tech giant and its customers. Starbucks Corp., Costco Wholescale Corp. and Capital One Financial Corp. were among the affected Microsoft customers. The tech giant, for its part, saw several of its consumer services go offline. The outage also […]

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AWS opens $11B Project Rainier data center campus built for Anthropic

Maria Deutscher — Wed, 29 Oct 2025 22:35:22 +0000

Amazon Web Services Inc. has opened a $11 billion data center campus in Indiana that will run artificial intelligence models for Anthropic PBC. CNBC reported the milestone today. The campus, which is located near Lake Michigan, was built as part of an initiative called Project Rainier that AWS announced last year. It will host both […]

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Extreme Networks shares drop 15%+ despite solid earnings report as profit margin falls

Maria Deutscher — Wed, 29 Oct 2025 20:25:43 +0000

Shares of Extreme Networks Inc. plummeted 15% today after the network equipment and software provider released its latest quarterly report. The company’s sales in the three months through Sept. 30 topped expectations, while its adjusted earnings per share were in line with the consensus estimate. The reason the company’s earnings didn’t surpass analysts’ projections is […]

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Nvidia invests $1B in Nokia as part of new wireless networking partnership

Maria Deutscher — Wed, 29 Oct 2025 00:23:06 +0000

Shares of Nokia Corp. closed 21% higher today after Nvidia Corp. announced plans to take a $1 billion stake in the telecommunications equipment maker. The investment is part of a partnership that will see the companies collaborate on new radio access network, or RAN, products. RAN is a telecommunications industry term that covers 5G base […]

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Cybersecurity funding surge continues with Sublime, ConductorOne and CyberRidge rounds

Maria Deutscher — Tue, 28 Oct 2025 22:59:29 +0000

Three more cybersecurity startups announced funding rounds today, continuing an investment streak that sent the sector’s deal volume to a three-year high during the first half of 2025. Sublime Security Inc. and ConductorOne Inc. focus on protecting employee inboxes and user accounts, respectively. CyberRidge Ltd., the third startup that has raised funding, offers what it […]

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Newly completed OpenAI restructuring gives Microsoft $135B stake

Maria Deutscher — Tue, 28 Oct 2025 21:13:27 +0000

OpenAI today disclosed that it has completed its more than yearlong effort to change its organizational structure. The announcement doesn’t come as a complete surprise. A few days ago, SoftBank Group Corp. reportedly approved a $22.5 billion funding round for OpenAI it had originally announced in March. The approval was contingent on the completion of […]

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CoreStory raises $32M to help companies modernize legacy code with AI

Maria Deutscher — Tue, 28 Oct 2025 13:00:16 +0000

Artificial intelligence startup CoreStory Inc. today announced that it has closed a $32 million funding early-stage round led by Tribeca Venture Partners, NEA and SineWave Ventures. The Series A deal also drew contributions from several other backers. The group included Samsung Next, the venture capital arm of Singaporean internet provider Singtel, Harrison Metal, Nimble Partners […]

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Site reliability engineering startup Wild Moose launches with $7M in funding

Maria Deutscher — Tue, 28 Oct 2025 12:00:24 +0000

Wild Moose Inc., a startup that helps developers fix issues in production applications, launched today with $7 million from investors. The seed round was led by iAngels with contributions from Y Combinator, F2 Venture Capital and Maverick Ventures. Wild Moose says the venture capital firms were joined by a group of angel investors. The participants […]

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Australian regulator sues Microsoft over Microsoft 365 Copilot pricing notifications

Maria Deutscher — Tue, 28 Oct 2025 00:14:40 +0000

Australia’s competition watchdog has sued Microsoft Corp. over the way the company rolled out artificial intelligence features to its productivity suite. The Australian Competition and Consumer Commission, or ACCC, filed the complaint today. The lawsuit focuses on the Personal and Family editions of Microsoft 365. The two plans include the Office application bundle and certain […]

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