Maria Deutscher
Latest from Maria Deutscher
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 ...
Microsoft releases Phi-4 language model trained mainly on synthetic data
Microsoft Corp. has developed a small language model that can solve certain math problems better than algorithms several times its size. The company revealed the model, Phi-4, on Thursday. The algorithm’s performance is notable mainly because of the way it was built: Microsoft trained Phi-4 mostly on synthetic, or machine-generated, data rather than web content ...
Archer Aviation raises $430M, partners with Anduril to develop military aircraft
Archer Aviation Inc., a flying taxi manufacturer, today announced that it has raised $430 million in funding to develop a military aircraft. The company also detailed a partnership with Anduril Industries Inc., another well-funded startup active in the defense sector. The collaboration will reportedly focus on Anduril’s artificial intelligence software. Santa Clara, California-based Archer is ...
Google debuts Android XR operating system for VR and AR devices
Google LLC today debuted Android XR, a new operating system for virtual reality and augmented devices. The software will initially ship with headsets. Down the road, Google will also enable hardware partners to integrate Android XR into smart glasses. The search giant has already developed several prototype glasses internally as part of an initiative called ...
Software maker ServiceTitan rockets 42% in stock market debut
Shares of ServiceTitan Inc. jumped 42% in their trading debut today after the company raised about $625 million through its initial public offering. The listing marks the first major tech IPO since Rubrik Inc. floated on the NYSE in April. ServiceTitan, which makes software for trade businesses, sold 8.8 million shares for $71 apiece. That’s well above ...