Maria Deutscher, Author at SiliconANGLE

NEWS

Bipartisan Senate group proposes $32B in annual federal funding for AI innovation

By Maria Deutscher May 15, 2024

A bipartisan group of senators is recommending that the federal government spend at least $32 billion a year on non-defense artificial intelligence innovation. Senators Chuck Schumer, Mike Rounds, Martin Heinrich and Todd Young detailed…

AI

LanceDB raises $8M to speed up AI models with its open-source vector database

By Maria Deutscher May 15, 2024

LanceDB Inc., the developer of a database optimized for artificial intelligence models, today disclosed that it has raised a $8 million seed round. CRV led the investment with participation from Essence VC and Swift…

Infra

Data management startup Weka nabs $140M at $1.6B valuation

By Maria Deutscher May 15, 2024

WekaIO Inc., a startup with a data management platform that can store billions of files, has closed a $140 million late-stage investment. The software maker said in its announcement of the Series E. round today…

Cloud

Alkira reels in $100M for its cloud networking platform

By Maria Deutscher May 15, 2024

Cloud networking startup Alkira Inc. today announced that it has secured a $100 million Series C funding round led by Tiger Global. The investment, which brings the company’s total outside capital to $176 million,…

Apps

Meta to shut down its Workplace business communications platform

By Maria Deutscher May 14, 2024

Meta Platforms Inc. today announced plans to shut down Workplace, an enterprise version of Facebook that competes with Slack, in early 2026. The company notified customers of the move in an email made public…

NEWS

US to raise tariffs on electric vehicles, chips imported from China

By Maria Deutscher May 14, 2024

The White House today announced plans to significantly raise tariffs on a variety of goods from China including electric vehicles, chips and batteries. The increased levies are expected to affect $18 billion worth of…

Cloud

Longtime AWS executive Matt Garman to succeed Adam Selipsky as CEO

By Maria Deutscher May 14, 2024

Amazon.com Inc. has named Matt Garman the new chief executive officer of its Amazon Web Services Inc. cloud division. Amazon CEO Andy Jassy announced the leadership change in a memo to employees made public…

Infra

Aurora ranks as world’s fastest AI supercomputer in latest TOP500 benchmark

By Maria Deutscher May 13, 2024

The U.S. Energy Department’s Aurora supercomputer has achieved the highest score yet in a closely-watched artificial intelligence performance test. The speed evaluation was carried out by the TOP500 supercomputing organization, which published its findings…

Cloud

Squarespace to be taken private by Permira in $6.9B acquisition

By Maria Deutscher May 13, 2024

Private equity firm Permira is acquiring Squarespace Inc., a major provider of website development and hosting tools, in an all-cash transaction worth $6.9 billion. The companies announced the deal today. Squarespace investors are set…

IoT

Geomagnetic storm disrupts tractor navigation systems across numerous US farms

By Maria Deutscher May 13, 2024

A severe geomagnetic storm that hit the Earth over the weekend disrupted the work of many farmers in the U.S. A geomagnetic storm is a disturbance in the Earth’s magnetosphere caused by particles from…

Maria Deutscher

Bipartisan Senate group proposes $32B in annual federal funding for AI innovation

LanceDB raises $8M to speed up AI models with its open-source vector database

Data management startup Weka nabs $140M at $1.6B valuation

Alkira reels in $100M for its cloud networking platform

Meta to shut down its Workplace business communications platform

US to raise tariffs on electric vehicles, chips imported from China

Longtime AWS executive Matt Garman to succeed Adam Selipsky as CEO

Aurora ranks as world’s fastest AI supercomputer in latest TOP500 benchmark

Squarespace to be taken private by Permira in $6.9B acquisition

Geomagnetic storm disrupts tractor navigation systems across numerous US farms

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