Maria Deutscher
Latest from Maria Deutscher
BrightAI raises $51M to ease infrastructure maintenance with AI
BrightAI Inc., a startup using artificial intelligence to help companies maintain physical assets, today announced that it has closed a $51 million funding round. Khosla Ventures and Inspired Capital led the Series A investment. They were joined by BoxGroup, Marlinspike, Rsquared VC, Cooley VSC Ventures and other backers. BrightAI says the cash infusion follows a ...
Report: Claude users experienced unannounced usage limit reductions
Multiple customers of Anthropic PBC’s Claude artificial intelligence assistant believe their usage limits were quietly lowered this week. TechCrunch reported on Thursday that the issue affected users of Claude’s top-end Max tier, which costs $200 a month. The customers in question encountered an error message that read “Claude usage limit reached.” The service reset this ...
Meta won’t implement voluntary AI guidelines proposed by EU
Meta Platforms Inc. today declined to implement a set of guidelines that the European Union has proposed for the artificial intelligence sector. The guidelines are outlined in a document called the General-Purpose AI Code of Practice, or GPAI, that was released on July 10. It covers topics such as model safety and training data collection. Implementing ...
OpenAI rolls out ChatGPT agent to automate multistep browser tasks
OpenAI today launched a new artificial intelligence agent that can perform complex tasks in the user’s browser. ChatGPT agent, as the feature is called, is powered by a new reasoning-optimized AI model. OpenAI says that the algorithm outperforms its earlier AI systems across a range of benchmarks. The agent is designed to automate tasks that ...
Uber to deploy 20,000 autonomous taxis in partnership with Lucid and Nuro
Uber Technologies Inc. plans to deploy at least 20,000 autonomous taxis through two new partnerships that it announced today. Lucid Group Inc., a Nasdaq-traded automaker, will build the vehicles. Venture-backed startup Nuro Inc. is set to provide autonomous driving software for those vehicles. As part of the collaboration, Uber is reportedly investing $300 million in ...
TSMC’s quarterly profit jumps 60% on continued AI chip demand
Taiwan Semiconductor Manufacturing Co. today posted second quarter results that topped the consensus estimate across the board. The world’s largest contract chipmaker saw its profit jump 61% year-over-year in the three months through June. TSMC closed the quarter with net income of 398.27 billion New Taiwan dollars, or $13.55 billion. Analysts had expected $12.86 billion. ...
HPE inks cooperation agreement with activist investor Elliott
Hewlett Packard Enterprise Co. has inked a cooperation agreement with Elliott Investment Management that will avert the possibility of a proxy fight. The company announced the deal today. Elliott is an activist investment firm that buys into companies and then promotes business changes designed to boost their stock price. Those changes sometimes include leadership reshuffles. ...
Chip gear provider ASML shares drop 11% on cautious 2026 growth outlook
Shares of ASML Holding NV closed 11.4% lower today after it posted strong second quarter results and disappointing guidance. The chipmaking equipment supplier cautioned that it “cannot confirm” it will experience revenue growth in 2026. Eindhoven, Netherlands-based ASML makes machines for etching transistors into silicon wafers. The company is the world’s sole supplier of EUV, ...
In big AI agent push, AWS debuts new development tools, vector-optimized object store
Amazon Web Services Inc. is rolling out a new set of tools designed to help customers build artificial intelligence agents. Swami Sivasubramanian (pictured), the cloud giant’s vice president of agentic AI, detailed the offerings today at the AWS Summit in New York. AI agent environments The first new offering that Sivasubramanian detailed during his keynote is ...
Drone startup Xtend raises $30M more in funding
Xtend Reality Inc., a startup focused on developing drone technology for the defense sector, has raised $30 million in funding. Aliya Capital Partners and Protego Ventures led the investment. It was provided as an extension to a $40 million Series B funding round that Xtend originally announced last May. The company’s total outside funding now ...
