Maria Deutscher
Latest from Maria Deutscher
Supreme Court to hear arguments on looming TikTok ban
The U.S. Supreme Court will review a law that requires TikTok parent ByteDance Ltd. to sell the app or face a ban. The Justices will hear oral arguments in the case on Jan. 10, according to an order released today. The legislation requiring ByteDance to offload TikTok or face a ban is set to take ...
AMD backs $333M funding round for cloud infrastructure provider Vultr
Cloud infrastructure startup Vultr Inc. today disclosed that it has raised a $333 million funding round at a $3.5 billion valuation. LuminArx Capital Management and AMD Ventures jointly led the investment. It marks the first time Vultr has raised equity funding since launching about a decade ago. In 2021, it secured a $150 million credit ...
Report: US investigating China’s TP-Link and could ban its routers next year
Multiple federal agencies are investigating Chinese router maker TP-Link Technologies Co., the Wall Street Journal reported today. At least one of the probes focuses on the potential cybersecurity risks posed by the company’s devices. Another investigation, which is being led by the Justice Department, focuses on whether TP-Link has used anticompetitive product pricing practices. It’s ...
AI-powered accounting startup Basis raises $34M in funding
Basis, a startup developing artificial intelligence software for accounting firms, today announced that it has closed an early-stage $34 million investment. The Series A round was led by Khosla Ventures. It also drew contributions from Better Tomorrow Ventures, BoxGroup, Avid Ventures and NFDG, a fund run by former GitHub Chief Executive Nat Friedman and former ...
Ireland’s privacy regulator fines Meta €251M over 2018 cyberattack
Ireland’s privacy regulator has fined Meta Platforms Inc. €251 million, or $263 million, over a 2018 breach that compromised millions of users’ data. The Data Protection Commission announced the decision today. The regulator is responsible for overseeing Meta’s privacy practices in the European Union because the company’s regional headquarters is located in Ireland. The cyberattack ...
Databricks raising mammoth $10B funding round at $62B valuation
Cloud data platform provider Databricks Inc. today announced that it’s raising a very late-stage $10 billion funding round at a $62 billion valuation. The Series J investment doesn’t come as a surprise. Reports that Databricks is in the process of raising capital first emerged last month, when sources told CNBC that the company was seeking ...
OpenAI upgrades ChatGPT’s search engine with speed, usability improvements
OpenAI has upgraded ChatGPT’s built-in search engine with new features that will enable users to more quickly find relevant information. The enhancements debuted today as part of a 12-day product announcement series that the company kicked off last week. Previously, OpenAI released its Sora video generator and a premium ChatGPT plan. ChatGPT’s search engine began ...
Google debuts Veo 2 video generator, upgraded Imagen 3 with Whisk remix tool
Google LLC today debuted Veo 2, an artificial intelligence model capable of generating high-resolution videos up to two minutes in length. The company is rolling out the algorithm alongside two other additions to its AI portfolio. The first is a new version of Imagen 3, Google’s flagship AI image generator, that has received an output ...
Arctic Wolf acquires BlackBerry’s Cylance endpoint security unit for $160M+
Arctic Wolf Networks Inc., a heavily funded cybersecurity startup, today announced plans to acquire BlackBerry Ltd.’s Cylance unit. BlackBerry will receive $160 million in cash and 5.5 million Arctic Wolf shares. Because the latter company is privately held, the value of the shares was not disclosed. Arctic Wolf received a $4.3 billion valuation following its ...
Meta releases AI models for motion rendering and video watermarking
Meta Platforms Inc. has released two artificial intelligence models that can be used to generate motion animations and video watermarks. The algorithms, Motivo and Video Seal, became available on Thursday. The Facebook parent also introduced two internally developed neural network architectures. One of them, a technology called LCM, is touted as a new approach to ...