Maria Deutscher
Latest from Maria Deutscher
Nvidia acquires GPU cluster optimization startup Run:ai for reported $700M
Nvidia Corp. today disclosed that it has acquired Run:ai, a startup with software for optimizing the performance of graphics card clusters. The terms of the deal were not disclosed. TechCrunch, citing two people familiar with the matter, reported that the transaction values Run:ai at $700 million. That’s nearly six times the amount of funding the ...
Biden signs law requiring ByteDance to sell TikTok or face US ban
President Joe Biden today signed legislation that will ban TikTok in the U.S. unless parent company ByteDance Ltd. sells the app within one year. The Senate approved the bill a few hours earlier in a 79-18 vote. The legislation previously received the green light from the House of Representative on Sunday, a few weeks after ...
HubSpot debuts new AI-powered marketing and customer service tools
HubSpot Inc. today introduced new artificial intelligence tools designed to boost the productivity of marketing, support and customer success teams. NYSE-listed HubSpot is a major software-as-a-service provider with more than 205,000 customers worldwide. Its flagship product, Marketing Hub, provides tools that marketers use to create advertising campaigns, measure their effectiveness and perform related tasks. HubSpot ...
Nagomi launches with $30M to optimize enterprises’ cybersecurity toolkits
Nagomi Security Ltd., a startup that helps enterprises make their cybersecurity software more effective against cyberattacks, launched today with $30 million in funding. TCV led the investment with participation from the venture capital arms of CrowdStrike Holdings Inc. and Okta Inc. Returning backer Team8 chipped in as well. Cybersecurity products don’t always succeed at mitigating ...
IBM reportedly nearing deal to acquire HashiCorp
IBM Corp. is in advanced talks to acquire infrastructure management provider HashiCorp Inc., the Wall Street Journal reported today. Sources familiar with the matter told the paper that the deal could be signed in a matter of days. According to the report, the sale would likely value HashiCorp above the $4.9 billion its shares were ...
AWS updates Amazon Bedrock with new foundation models, AI management features
Amazon Web Services Inc. is rolling out a series of new foundation models to Amazon Bedrock, its managed artificial intelligence service. The cloud giant detailed the new models today alongside a set of other enhancements. According to AWS, Bedrock customers will gain the ability to run customized neural networks on the service. They will also ...
Microsoft open-sources Pi-3 Mini small language model that outperforms Meta’s Llama 2
Microsoft Corp. researchers today open-sourced Pi-3 Mini, a language model with 3.8 billion parameters that can outperform neural networks more than 10 times its size. The company says that Pi-3 Mini is compact enough to run on a 2022 iPhone. In contrast, the most advanced large language models on the market are often too complex ...
HPE debuts new IoT-optimized Wi-Fi 7 access points
Hewlett Packard Enterprise Co. today debuted a new family of access points for providing Wi-Fi coverage at locations such as office buildings. The HPE Aruba Networking 730 Series, as the product line is called, is based on Wi-Fi 7. That’s a recently introduced version of the wireless connectivity standard with four times the maximum speed ...
Meta makes its Horizon OS mixed reality operating system available to third parties
Meta Platforms Inc. today announced plans to make Meta Horizon OS, the operating system that powers its mixed reality headsets, available to third-party device makers. Microsoft Corp., Lenovo Group Ltd. and ASUSTeK Computer Inc. will be among the software’s first adopters. The companies plan to bring new mixed reality devices to market that will use ...
HR software maker Rippling closes $200M round at $13.5B valuation
Rippling People Center Inc., a startup that sells workforce management software and several related products, has raised $200 million in late-stage funding at a $13.5 billion valuation. The company detailed in its announcement of the raise today that Coatue was the lead investor. The deal, a Series F investment, also saw the participation of several ...