Maria Deutscher
Latest from Maria Deutscher
System Two Security Inc., a startup helping companies detect cyberattacks more efficiently, today announced that it has raised $7 million in funding. Costanoa Ventures led the round. It was joined by Runtime Ventures, The Hive, Webb Investment Network and several angel investors. …
Marvell tops quarterly expectations thanks to strong ASIC, interconnect demand
Marvell Technology Inc. today posted quarterly financial results and guidance that handily topped the consensus analyst estimate. Shares of the chipmaker rose more than 8% in after-hours trading. Marvell supplies semiconductors for data centers, carrier infrastructure and cars. It sells specialized processors …
AWS details Project Rainier AI compute cluster with hundreds of thousands of chips
Amazon Web Services Inc. today detailed Project Rainer, a compute cluster powered by hundreds of thousands of its custom AWS Trainium2 chips. The company is using the system to support the artificial intelligence development efforts of Anthropic PBC. AWS parent Amazon.com Inc. …
Microsoft faces £1B UK lawsuit over software licensing fees
Microsoft Corp. has been sued in the U.K. over the way it licenses its software to customers of rival cloud providers. Maria Luisa Stasi, a market regulation expert, filed the complaint today with the U.K.’s Competition Appeal Tribunal. The class-action lawsuit is …
AWS expands cybersecurity portfolio with AWS Security Incident Response
Amazon Web Services Inc. is expanding its cybersecurity portfolio with a new service that will make it easier for customers to detect and remediate breach attempts. The offering, AWS Security Incident Response, made its debut on Sunday. It’s one of several platform …
AI data center builder Nebius raises $700M in funding
CoNebius NV, a publicly traded provider of artificial intelligence infrastructure, today announced that it has raised $700 million in funding. The company received the capital through a private placement that saw investors buy about 33.3 million shares for $21 apiece. That represents …
Intel CEO Pat Gelsinger ‘retires’ amid foundry, growth challenges
Pat Gelsinger has stepped down from his role as Intel Corp.’s chief executive, the chipmaker announced today. Gelsinger left the CEO post and his board seat on Sunday. Sources told Bloomberg that the executive’s departure followed a meeting with Intel’s other directors. …
AWS details materials science collaboration with Orbital Materials
Amazon Web Services Inc. is launching a technical collaboration with Orbital Materials Inc., a startup that uses artificial intelligence to discover new materials. The companies detailed the initiative today against the backdrop of the cloud giant’s AWS re:Invent conference. It’s described as …
AWS upgrades Amazon Connect with new generative AI features
Amazon Web Services Inc. is adding more artificial intelligence features to its Amazon Connect service, which helps companies run their contact centers more efficiently. The update was detailed today ahead of the cloud giant’s AWS re:Invent 2024 event, which will kick off …
Report: Meta to spend $10B+ on 25,000-mile submarine internet cable
Meta Platforms Inc. plans to spend more than $10 billion on a submarine internet cable that will circle the globe, TechCrunch reported today. The project was first detailed last month by subsea networking expert Sunil Tagare. According to TechCrunch, multiple sources close …