Maria Deutscher
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Data security startup BigID valued at $1B+ following $60M round
BigID Inc., a startup that helps enterprises ensure their data is stored securely, has raised $60 million in fresh funding at a valuation exceeding $1 billion. The company detailed in its announcement of the round on Monday that Riverwood Capital was the lead investor. Silver Lake Waterman and Advent chipped in as well. “The exponential ...
Microsoft appoints Inflection AI CEO Mustafa Suleyman to lead its consumer AI unit
Microsoft Corp. has hired Mustafa Suleyman, the co-founder and chief executive of Inflection AI Inc., to lead its consumer artificial intelligence group. Inflection AI co-founder Karén Simonyan is also joining the group as chief scientist. Bloomberg reported that most of the startup’s employees will move over to Microsoft as well. Inflection AI, in turn, will ...
Sonatype debuts SBOM Manager to make enterprise software more transparent
Sonatype Inc. today introduced a new product, SBOM Manager, to help companies more easily track the components of their internal software. The offering made its debut at the KubeCon + CloudNativeCon Europe conference taking place this week in Paris. Sonatype provides a collection of developer tools with more than 15 million users worldwide. The cornerstone ...
Microsoft will reportedly debut new Qualcomm-powered Surface devices in May
Microsoft Corp. will hold a hardware event in May where it’s expected to debut consumer versions of its enterprise-focused Surface Pro tablet and Surface Laptop. The Verge reported the plan today, citing people familiar with the matter. A media invitation distributed by Microsoft stated that the event will see Chief Executive Officer Satya Nadella detail ...
Dell expands infrastructure portfolio with new Nvidia-powered AI platforms
Dell Technologies Inc. is rolling out a set of infrastructure offerings, including new servers, that promise to help enterprises more efficiently train and run artificial intelligence models. The company announced the products against the backdrop of Nvidia Corp.’s closely watched GTC developer conference. According to Dell, its new servers are compatible with the B200 Tensor ...
ClearML debuts open-source Fractional GPU tool and new monitoring features
ClearML today released a set of software tools designed to help companies use their artificial intelligence infrastructure more efficiently. San Francisco-based ClearML, officially Allegro Artificial Intelligence Ltd, is backed by $11 million in funding. It provides a software platform that developers can use to train AI models, deploy them in production and manage the data ...
Cisco completes its $28B acquisition of Splunk
Cisco Systems Inc. today completed its $28 billion purchase of Splunk, the largest acquisition in the networking giant’s four-decade history. Rumors that a takeover was on the table first emerged in early 2022. Cisco officially inked the deal about 18 months later, in September 2023, at a price of $157 per Splunk share. The all-cash ...
Samsung expected to win $6B+ in CHIPS Act funding
Samsung Electronics Co. Ltd. is reportedly poised to receive more than $6 billion from the federal government to expand its chip manufacturing infrastructure in the U.S. Bloomberg reported the development late Thursday, citing people familiar with the matter. The sources detailed that several of Samsung’s top rivals in the chip market are also set to ...
Report: Apple quietly acquired AI-powered quality assurance startup DarwinAI
Apple Inc. has reportedly acquired DarwinAI Corp., a startup with a platform for finding manufacturing faults in printed circuit boards. Bloomberg reported the deal today, citing people familiar with the matter. The sources detailed that the acquisition closed earlier this year but didn’t specify the price tag. It’s believed that several dozen DarwinAI employees joined ...
Zscaler acquires cybersecurity data processing startup Avalor for reported $350M
Zscaler Inc. has acquired Avalor Technologies Inc., a startup that helps companies analyze the vulnerability data generated by their cybersecurity tools. The companies announced the deal today. Zscaler detailed that it’s financing the acquisition, which closed on Wednesday, with a combination of cash and stock, but didn’t disclose the price tag. Globes reported that the ...