Maria Deutscher
Latest from Maria Deutscher
Clearwater Analytics Holdings Inc. today announced plans to acquire Enfusion Inc., a fellow provider of financial software, for $1.5 billion in cash and stock. The offer amounts to $11.5o per share. That’s a 32% premium to Enfusion’s closing price on Sept. 19, …
Biden administration announces new AI chip export controls
The Biden administration today announced new export restrictions focused on artificial intelligence chips and proprietary neural networks. The restrictions are outlined in a policy document known as the Interim Final Rule on Artificial Intelligence Diffusion. According to Axios, the goal is to …
Overhaul raises $55M for its AI-powered cargo management platform
Overhaul Group Inc., a startup helping enterprises protect merchandise while it travels through their supply chains, has raised $55 million in fresh funding. The company said in its announcement of the round today that Springcoast Partners was the lead investor. Returning backers …
Supreme Court reportedly leaning toward upholding TikTok ban
The U.S. Supreme Court is expected to uphold a law that requires ByteDance Ltd. to sell TikTok or face a ban of the app. Several publications reported on the court’s position today following a three-hour hearing about the matter. During the hearing, …
Report: Chinese hackers breached US government office that reviews foreign investments
Chinese state-backed hackers have breached a U.S. government office that reviews foreign investments for national security risks, CNN reported today. The Committee on Foreign Investment in the U.S., or CFIUS, is headed by U.S. Treasury Secretary Janet Yellen. It also includes representatives …
Ivanti discloses critical VPN vulnerability being actively targeted by hackers
Hackers are actively targeting deployments of some Ivanti Inc. software products using a newly discovered security vulnerability. The company disclosed the exploit, which is tracked as CVE-2025-0282, on Wednesday. Ivanti is a major provider of infrastructure management and cybersecurity software with more …
Report: SoftBank and Arm could acquire server chip provider Ampere
SoftBank Group Corp. and Arm Holdings plc may acquire chipmaker Ampere Computing LLC, Reuters reported on Wednesday. It’s unclear what price the company might fetch. Two years ago, SoftBank reportedly considered buying a stake in Ampere at an $8 billion valuation. It …
Cohere introduces AI large language model-powered North productivity platform
Cohere Inc. today introduced North, a new product designed to make it easier for business workers to use its artificial intelligence models. The company describes the offering as a “secure AI workplace platform.” It’s available through an early access program. Toronto-based Cohere …
AMD invests $20M in AI-powered drug discovery company Absci
Advanced Micro Devices Inc. today announced that it has invested $20 million in Absci Corp., a company using artificial intelligence to develop new medicines. AMD will also partner with the company to support its research efforts. Absci launched in 2011 to develop …
Microsoft open-sources its Phi-4 small language model
Microsoft Corp. today released the code for Phi-4, a small language model that can generate text and solve math problems. The company first detailed the model last month. Initially, Phi-4 was only accessible through Microsoft’s Azure Foundry artificial intelligence development service. The …