Maria Deutscher
Latest from Maria Deutscher
Report: Alphabet could make an acquisition offer for HubSpot
Alphabet Inc. might make an offer for marketing software giant HubSpot Inc., Reuters reported today. Sources told the news agency that the Google LLC parent has held discussions with Morgan Stanley advisers about the potential acquisition. The price of the deal is among the topics believed to have come up. HubSpot had a market capitalization of ...
SiMA.ai reels in $70M to develop AI chips for edge computing devices
SiMA.ai, a startup that develops processors for industrial robots and other edge computing devices, has secured $70 million in fresh funding. The chipmaker detailed in its announcement of the round today that Maverick Capital was the lead investor. The round also included the participation of other institutional backers, among them Dell Technologies Capital, as well ...
OpenAI rolls out new features to ChatGPT’s DALL-E image generator
OpenAI today launched a new version of the DALL-E editor, the artificial intelligence image generator included in ChatGPT’s paid tiers. The feature is based on an AI model called DALL-E 3 that the company debuted last September. A few weeks later, OpenAI integrated the model into ChatGPT. The original version of the DALL-E editor that ...
Stability AI debuts Stable Audio 2.0 model for generating sound clips
Stability AI Ltd. today introduced a new iteration of Stable Audio, its artificial intelligence system for generating sound clips, that offers a significantly expanded feature set. The original version of the AI made its debut last September. Stable Audio 1.0, as the first-generation model is known, can generate audio files up to 90 seconds in length. ...
AWS reportedly lets go hundreds of workers across multiple teams
Amazon Web Services Inc. is letting go hundreds of employees across its sales, training and retail technology groups, GeekWire reported today. The cloud giant confirmed the layoffs in a statement without commenting on the number of affected staffers. The job cuts follow two larger workforce reductions that AWS parent Amazon.com Inc. carried out last year. ...
OctoAI debuts OctoStack platform for powering AI inference environments
OctoAI Inc. today introduced OctoStack, a software platform that enables companies to host artificial intelligence models on their in-house infrastructure. Many large language models are delivered through a cloud-based application programming interface. Such models are hosted on their respective developers’ infrastructure, which requires customers to send their data to that infrastructure for processing. Hosting a ...
Employee training startup Modal closes $25M funding round
Modal Learning Inc., a startup that helps enterprises equip their workers with new technical skills, has closed a $25 million early-stage funding round to support its growth efforts. The company disclosed in its announcement of the Series A round today that Left Lane Capital and Ensemble VC were the lead investors. Signalfire and Learn Capital ...
Fortinet embeds new AI tools into its cybersecurity and networking portfolio
Fortinet Inc. today introduced new artificial intelligence features designed to help companies more easily manage their network infrastructure, detect cybersecurity issues and fix them. The update debuted at the company’s annual Accelerate 2024 product event in Las Vegas. The AI features are out alongside several other new tools designed to ease tasks such as protecting ...
Payment processing provider Nuvei to be taken private in $6.3B deal
Nuvei Corp., a major provider of payment processing software, has agreed to be taken private by investment firm Advent International at a $6.3 billion valuation. The company announced the deal today. The all-cash transaction values it at $34 per share, a 56% premium over its last unaffected stock price. The offer is backed by investment ...
Google to delete or anonymize billions of data points to settle Chrome lawsuit
Google LLC will delete or anonymize millions of data points collected about users to settle a class-action lawsuit filed over Chrome’s Incognito mode. The plan was detailed in court documents made public today. Word that Google had agreed to settle the lawsuit first emerged in December, but the terms of the agreement weren’t disclosed. The ...