Maria Deutscher
Latest from Maria Deutscher
Apple cuts 600+ jobs across electric car, microLED display teams
Apple Inc. is letting go 614 employees in California, according to regulatory filings spotted by the Wall Street Journal today. The layoffs reportedly affect teams that worked on two recently canceled engineering initiatives. The first initiative, which was known internally as Project Titan, focused on developing an electric car. The other was an effort on ...
Samsung forecasts 931% operating profit surge amid new Texas fab reports
Samsung Electronics Co. Ltd. today released preliminary financial results for the first quarter, revealing that its operating profit likely jumped nearly tenfold from a year earlier. The earnings surge comes amid rumors that the company is planning a major expansion of its chip production infrastructure. Three years ago, Samsung started building a new processor fab in ...
OpenAI rolls out new AI optimization features to its fine-tuning API
OpenAI today debuted a set of new tools that will make it easier to optimize its large language models for specific tasks. Most of the additions are rolling out for the company’s fine-tuning application programming interface, which it launched last August. The API allows customers to supply OpenAI language models with additional data not included ...
Report: Alphabet could make an acquisition offer for HubSpot
Alphabet Inc. might make an offer for marketing software giant HubSpot Inc., Reuters reported today. Sources told the news agency that the Google LLC parent has held discussions with Morgan Stanley advisers about the potential acquisition. The price of the deal is among the topics believed to have come up. HubSpot had a market capitalization of ...
SiMA.ai reels in $70M to develop AI chips for edge computing devices
SiMA.ai, a startup that develops processors for industrial robots and other edge computing devices, has secured $70 million in fresh funding. The chipmaker detailed in its announcement of the round today that Maverick Capital was the lead investor. The round also included the participation of other institutional backers, among them Dell Technologies Capital, as well ...
OpenAI rolls out new features to ChatGPT’s DALL-E image generator
OpenAI today launched a new version of the DALL-E editor, the artificial intelligence image generator included in ChatGPT’s paid tiers. The feature is based on an AI model called DALL-E 3 that the company debuted last September. A few weeks later, OpenAI integrated the model into ChatGPT. The original version of the DALL-E editor that ...
Stability AI debuts Stable Audio 2.0 model for generating sound clips
Stability AI Ltd. today introduced a new iteration of Stable Audio, its artificial intelligence system for generating sound clips, that offers a significantly expanded feature set. The original version of the AI made its debut last September. Stable Audio 1.0, as the first-generation model is known, can generate audio files up to 90 seconds in length. ...
AWS reportedly lets go hundreds of workers across multiple teams
Amazon Web Services Inc. is letting go hundreds of employees across its sales, training and retail technology groups, GeekWire reported today. The cloud giant confirmed the layoffs in a statement without commenting on the number of affected staffers. The job cuts follow two larger workforce reductions that AWS parent Amazon.com Inc. carried out last year. ...
OctoAI debuts OctoStack platform for powering AI inference environments
OctoAI Inc. today introduced OctoStack, a software platform that enables companies to host artificial intelligence models on their in-house infrastructure. Many large language models are delivered through a cloud-based application programming interface. Such models are hosted on their respective developers’ infrastructure, which requires customers to send their data to that infrastructure for processing. Hosting a ...
Employee training startup Modal closes $25M funding round
Modal Learning Inc., a startup that helps enterprises equip their workers with new technical skills, has closed a $25 million early-stage funding round to support its growth efforts. The company disclosed in its announcement of the Series A round today that Left Lane Capital and Ensemble VC were the lead investors. Signalfire and Learn Capital ...