Maria Deutscher
Latest from Maria Deutscher
Quantum error correction startup Riverlane closes $75M investment
Riverlane Ltd., a U.K. startup working to make quantum computers more reliable, today disclosed that it has closed a $75 million Series C funding round. Growth equity firm Planet First Partners led the investment. It was joined by a half-dozen other institutional backers, including Altair Engineering Inc., a publicly traded provider of simulation software. TechCrunch ...
Federal court rules against Google in landmark search monopoly case
A federal court today ruled that Google LLC has illegally maintained a monopoly in the search and search text advertising markets. The U.S. District Court for the District of Columbia issued the decision in connection with an antitrust lawsuit brought against the company by the Justice Department. A bipartisan group of state attorneys general participated ...
Elon Musk files new lawsuit against OpenAI over for-profit shift
Elon Musk has sued OpenAI for allegedly misleading him about the goals of its artificial intelligence development efforts. The lawsuit was filed today with the District Court for the Northern District of California. Musk’s attorneys name not only OpenAI but also Sam Altman and Greg Brockman, the AI developer’s chief executive and president, respectively, as ...
AWS details internal Mithra threat intelligence system
Amazon Web Service Inc. today detailed Mithra, an internal system it uses to detect malicious website domains. The cloud giant says that Mithra spots an average of 182,000 malicious domains per day. AWS uses the system to protect customers from malicious web traffic. In some cases, Mithra also helps the Amazon.com Inc. unit detect cyberattacks ...
Google rehires founders of consumer chatbot startup Character.AI
Character.AI Inc., a well-funded startup with a chatbot service for consumers, today announced that its founders will join Google LLC. Noam Shazeer and Daniel De Freitas are returning to the search giant about two years after leaving their engineering roles to launch Character.AI. The chatbot maker, in turn, will continue operating under new leadership. In ...
Justice Department reportedly investigating Nvidia’s Run:ai acquisition
The U.S. Justice Department is reportedly scrutinizing Nvidia Corp.’s acquisition of startup Run:ai, which develops software for managing graphics card clusters. Politico reported the probe on Thursday afternoon, citing people familiar with the matter. The development comes two months after sources told the New York Times that the Justice Department is investigating Nvidia’s leading position ...
Contextual AI nabs $80M for its ‘RAG 2.0’ platform
Contextual AI Inc., a startup that helps enterprises build retrieval-augmented generation artificial intelligence applications, has closed a $80 million Series A round to support its commercialization efforts. The company disclosed in its announcement of the raise on Thursday that Greycroft was the lead investor. The venture capital firm was joined by more than a half-dozen ...
Apple asks court to dismiss Justice Department’s antitrust lawsuit
Apple Inc. has requested the dismissal of a Justice Department lawsuit that alleges its business practices in the smartphone market breach antitrust rules. The iPhone maker filed its motion today with the federal court in Newark, New Jersey that is presiding over the case. The move comes about five months after Justice Department officials filed ...
Mobileye shares drop on lowered full-year guidance
Mobileye Global Inc. today reported better-than-expected results for the second quarter, but lowered its full-year guidance on account of a slowdown in demand for its vehicle chips. Shares of the Intel Corp. unit tumbled more than 5% on the trimmed financial projections. Mobileye makes chips that automakers use to equip their vehicles with partly autonomous ...
EU regulators unconditionally approve HPE’s acquisition of Juniper Networks
The European Union has unconditionally approved Hewlett Packard Enterprise Co.’s proposed acquisition of Juniper Networks Inc. for $14 billion. The European Commission, the EU’s executive arm, announced the decision today. The move is not unexpected: Sources told Reuters on Monday that the bloc was gearing up to sign off on the deal. HPE announced its ...