Maria Deutscher
Latest from Maria Deutscher
Justice Department asks federal judge to order that Google sell Chrome
The U.S. Justice Department has asked a federal judge to order that Google LLC offload its Chrome browser. The request was included in a court filing that became public late Wednesday. The document also proposes other antitrust measures, including that Google change some of its business practices in the search market. The Alphabet Inc. unit ...
Google Cloud introduces AI agent ecosystem program
Google LLC today introduced a new ecosystem program designed to help partners build artificial intelligence agents on its cloud platform. The company will also help partners sell the agents they develop. To that end, it’s adding a new product section to the Google Cloud Marketplace. AI agents are large language models customized to perform a ...
ERP provider Odoo valued at €5B in secondary sale
Odoo SA, a provider of enterprise resource planning software, today announced that investors have bought €500 million worth of its shares in a secondary sale. Alphabet Inc.’s CapitalG startup fund and Sequoia Capital led the consortium that made the purchase. The sellers, in turn, included Odoo investors Summit Partners, Noshaq and Wallonie Entreprendre. The deal ...
Observability provider LogicMonitor raises $800M at $2.4B valuation
LogicMonitor Inc. has raised $800 million from investors to enhance its observability platform and make acquisitions. The software maker announced the funding round today. It said the deal, which included the participation of PSG, Golub Capital and other backers, closed at a $2.4 billion valuation. That’s nearly $2 billion more than what Vista Equity Partners, ...
Spectro Cloud nabs $75M for its Kubernetes management platform
Kubernetes tooling provider Spectro Cloud Inc. has raised $75 million in fresh funding to enhance its technology. The startup disclosed in its funding announcement today that Goldman Sachs led the investment. A number of existing backers contributed as well. According to TechCrunch, the Series C raise gives Spectro Cloud a post-money valuation of $750 million. ...
BrightAI raises $15M for its AI-powered infrastructure optimization platform
BrightAI Inc., a startup helping companies more efficiently manage physical assets such as factory equipment, today announced that it has raised $15 million in seed funding. The company was launched in 2019 by Chief Executive Officer Alex Hawkinson, who previously co-founded smart home software provider SmartThings. The latter firm became part of Samsung Electronics Co. ...
Microsoft partners with Atom Computing to launch commercial quantum computer
Microsoft Corp. is partnering with startup Atom Computing Inc. to launch a quantum computer powered by neutral atom qubits. The tech giant detailed the collaboration today at its annual Ignite conference. The quantum machine is one of several new hardware systems that Microsoft introduced during the event. It also debuted two new data center chips ...
Zilliz debuts new release of its cloud-based vector database
Startup Zilliz Inc. today debuted a new release of its flagship offering, a managed vector database called Zilliz Cloud that artificial intelligence models can use to hold information. Redwood Shores, California-based Zilliz is backed by more than $110 million in funding. It offers an open-source vector database called Milvus. Zilliz Cloud, the offering the company ...
Google is reportedly rebuilding ChromeOS on Android as Chrome browser faces antitrust scrutiny
Google LLC is pursuing a multiyear effort to develop a version of ChromeOS that has Android at foundation, Android Authority reported today. The initiative is believed to have two goals. One is to make ChromeOS tablets more competitive with the iPad, which has a significant market share lead. The other is to streamline Google’s engineering ...
Industrial AI startup Juna.ai raises $7.5M in seed funding
Juna.ai GmbH, a German startup using artificial intelligence to make factories more efficient, launched today with $7.5 million in seed funding. Kleiner Perkins led the investment. It was joined by Stockholm-based fund Norrsken VC, prominent venture capitalist John Doerr and other backers. Juna.ai is led by Chief Executive Matthias Auf der Mauer, whose previous industrial ...