Maria Deutscher
Latest from Maria Deutscher
HP debuts AI-optimized OmniBook Ultra laptop, two new all-in-one desktops
HP Inc. today debuted a new laptop, the OmniBook Ultra, that features a central processing unit optimized for artificial intelligence applications. The company is touting the device as the world’s highest-performance AI personal computer. It will make the OmniBook Ultra available alongside two new all-in-one desktops, the OmniStudio X 27 and OmniStudio X 27 31.5, ...
Financial software provider OneStream files for $465.5M IPO
OneStream Software LLC, a company that develops applications for accounting departments, today filed to list its shares on the Nasdaq stock exchange. The initial public offering will make 24.5 million shares available for investors at $17 to $19 apiece. OneStream plans to sell 18.1 million shares, while the rest is set to come from its ...
Standard Bots reels in $63M for its AI-powered robotic arms
Standard Bots Inc., a startup that develops robotic arms for the manufacturing and logistics sectors, has secured $63 million in fresh funding to enhance its technology. The company announced the Series B round today. It said that General Catalyst led the raise. The venture capital firm was joined by the Amazon Industrial Innovation Fund, Samsung ...
AT&T discloses data breach affecting ‘nearly all’ cellular customers
Hackers have stolen data about nearly all of AT&T Inc.’s cellular plan subscribers, the carrier disclosed in a regulatory filing today. The company also published an overview of the breach in its online support portal. According to AT&T, the hackers gained access to call and text logs generated from May 1, 2022 to Oct. 31, ...
HerculesAI reels in $26M for its AI-powered data management toolkit
HerculesAI, a startup that develops artificial intelligence software for law firms and large enterprises, has secured $26 million in funding to support its growth efforts. TechCrunch reported the investment on Wednesday. The investment was led by Streamlined Ventures with participation from Proof VC, Thomson Reuters Ventures, Alumni Ventures and multiple angel investors. HerculesAI, officially Zero ...
Defense technology startup Helsing raises €450M at reported €5B valuation
Defense technology startup Helsing GmbH today disclosed that it has raised €450 million, or about $488 million, in new funding. General Catalyst led the Series C investment. It was joined by Saab AB, one of Sweden’s largest aerospace and defense companies, along with Elad Gil, Accel, Lightspeed Venture Partners, Plural and Greenoaks. Bloomberg reported that ...
Apple will open access to its iOS payment system to end EU antitrust probe
Apple Inc. will change several of its business practices to end a European Union antitrust probe into its mobile payment system. The European Commission, the EU’s executive arm, announced the development today. Apple’s iPhones and iPads feature an NFC, or near-field communication, chip that allows users to pay at stores with their handsets. NFC makes ...
AWS introduces App Studio to speed up application development with AI
Amazon Web Services Inc. today introduced AWS App Studio, an artificial intelligence service that makes it possible to develop applications using natural language prompts. The offering is designed to help companies more quickly build internal software tools for their employees. A marketing agency, for example, could use App Studio to create an application that helps staffers ...
AMD acquires language model developer Silo AI for $665M
Advanced Micro Devices Inc. today announced plans to acquire Silo AI Oy, a Finland-based artificial intelligence developer that counts numerous large enterprises as customers. The all-cash deal is worth about $665 million. The transaction is expected to close later this year, at which point AMD will fold Silo AI into its Artificial Intelligence Group. The ...
Microsoft, Apple give up observer seats on OpenAI’s board amid regulatory scrutiny
Microsoft Corp. and Apple Inc. have decided not to sit on OpenAI’s board amid the regulatory scrutiny facing the ChatGPT developer, the Financial Times reported today. Microsoft, OpenAI’s largest investor, received an observer seat on its board last November. The cloud computing and software giant is said to have given up the role on Tuesday. ...