Maria Deutscher
Latest from Maria Deutscher
Intel unveils Intel Foundry with eye to AI and next-gen lithography manufacturing
Intel Corp. executives today detailed a new business vision for its foundry unit, freshly renamed Intel Foundry, and revealed the most advanced chip manufacturing process on the company’s technology roadmap. The process will be powered by High NA EUV machines from ASML Holdings NV. The machines, which are about the size of a double-decker bus ...
Data protection startup Clumio raises $75M after quadrupling its recurring revenue
Clumio Inc., a provider of backup and recovery software for cloud environments, today announced that it has closed a $75 million funding round led by Sutter Hill Ventures. Index Ventures, Altimeter and NewView Capital chipped in as well. The Series D raise follows a year in which Clumio claims to have quadrupled its ARR, or ...
Report: Microsoft developing custom network card for its GPU servers
Microsoft Corp.’s engineers are working on a custom network card for its data centers, The Information reported today. A source told the publication that the development effort could take more than a year. The initiative is said to be led by Pradeep Sindhu, a co-founder and former chief executive of network equipment maker Juniper Networks ...
Authorities arrest two LockBit members, disrupt ransomware group’s infrastructure
An international law enforcement task force has arrested two LockBit members, disrupted the ransomware-as-a-service gang’s infrastructure and released a file decryption tool for victims. The task force, which included authorities from 11 countries, disclosed the operation today. It was carried out as part of an investigation that the European Union’s Eurojust agency had launched in ...
Bioptimus nabs $35M to accelerate biology research with AI
Bioptimus, a French artificial intelligence startup led by former DeepMind researchers, launched today with $35 million in seed funding. Healthcare-focused venture capital firm Sofinnova Partners led the investment. It was joined by more than a half-dozen other backers, including Owkin, a well-funded AI startup based in Paris. The latter company is applying machine learning to ...
Adobe launches AI Assistant for Acrobat
Adobe Inc. is embedding an artificial intelligence chatbot into Acrobat, its ubiquitous PDF creation and editing application. The company released the chatbot today as part of an update for Acrobat’s paid tiers. It’s the fruit of a broader initiative on Adobe’s part to integrate generative AI features into its software portfolio. The effort has so ...
Database maker MariaDB receives $37M takeover proposal
MariaDB plc, a company that commercializes the open-source relational database of the same name, has received takeover interest from K1 Investment Management. The software maker disclosed the development today. MariaDB has received a so-called unsolicited nonbinding indicative proposal from K1 that it says may not necessarily lead to an acquisition offer. According to the company, ...
GlobalFoundries wins $1.5B in CHIPS Act funding to expand its fab network
GlobalFoundries Inc. has received $1.5 billion in U.S. government funding to build a new fab and upgrade two existing chip manufacturing facilities. The company announced the grant today. The funds will be provided through the CHIPS and Science Act, which allocates $52.7 billion worth of subsidies to the semiconductor sector. Intel Corp., which plans to ...
FBI warns Chinese hackers’ malware prepositioning efforts at a ‘fever pitch’
Federal Bureau of Investigation Director Christopher Wray put the spotlight on the threat posed by Chinese state-backed hackers during a security summit held over the weekend. Speaking at the Munich Security Conference on Sunday, Wray said that such hacking groups’ malware prepositioning operations against critical infrastructure have reached a “fever pitch.” Prepositioning is a term ...
Anthropic to roll out new features for combating election misinformation
Anthropic PBC, one of OpenAI’s best-funded rivals in the large language model market, today previewed new capabilities designed to combat election misinformation. The company also detailed a number of other initiatives it’s pursuing to prevent the misuse of its services in political contexts. Separately, Anthropic today joined more than a dozen other tech firms in ...