Maria Deutscher
Latest from Maria Deutscher
Gartner: Worldwide IT spending will top $5 trillion in 2024, up 8% over 2023
Worldwide technology spending will surpass $5 trillion for the first time in 2024, up 8% over this year, according to new Gartner Inc. research published today. Gartner releases a forecast of the coming year’s information technology spending levels every October. According to the research firm, its projections draw on data from more than 1,000 IT ...
OpenAI updates ChatGPT with Bing and DALL-E 3 integrations
OpenAI LP has added new features to its ChatGPT chatbot that will enable users to search the web with Bing and generate images. The Bing integration moved from beta into general availability on Tuesday. The new image generation capability, in turn, rolled out on Monday and is based on an artificial intelligence tool called DALL-E ...
Chip equipment supplier ASML shares slide on mixed sales forecast
ASML Holding NV, a major equipment supplier to the chip industry, today posted mixed third-quarter earnings and a 2024 sales forecast that fell short of analyst expectations. Shares of the Netherlands-based company dropped more than 4.5% on the results. ASML is the world’s top maker of lithography machines, which use light beams to carve transistors into ...
Juniper Networks debuts new firewalls and cybersecurity software
Juniper Networks Inc. today introduced new firewall appliances and software tools designed to help companies more effectively secure their infrastructure. NYSE-listed Juniper is a major provider of networking equipment. It sells routers, switches and related hardware products along with software for managing those systems. The company generated $1.43 billion in revenue last quarter, a 13% ...
Ampere and other chipmakers form AI Platform Alliance
More than a half-dozen chipmakers are joining forces to launch the AI Platform Alliance, a consortium focused on supporting the development of artificial intelligence hardware. The move was announced today by Ampere Computing LLC, which is leading the effort. Ampere is a well-funded developer of central processing units. The company’s customers include Google LLC and ...
US places new restrictions on AI chip exports to China
The U.S. Commerce Department today introduced new rules designed to restrict the sale of advanced artificial intelligence chips to buyers in China. The rules expand upon an existing set of chip-focused export controls that were implemented last year. Under the expanded regulation, more types of AI chips are subject to export restrictions. As part of the move, ...
Qualcomm and Google launch RISC-V wearables chip collaboration
Qualcomm Inc. and Google LLC today announced that they’re teaming up to develop RISC-V processors for wearable devices. The initiative comes less than a month after the search giant hosted the latest installment of its Made by Google product event. At the event, the Alphabet Inc. unit debuted two new additions to its Pixel line ...
Flatfile acquires AI startup ChatCSV to enhance its data import platform
Flatfile Inc. has acquired ChatCSV Inc., a startup with a platform that enables users to analyze the data in a spreadsheet with natural language questions. The acquisition was announced this morning. The companies didn’t disclose the financial terms. Denver-based Flatfile is backed by more than $94 million in funding from Alphabet Inc.’s Gradient Ventures fund, ...
LinkedIn lays off 668 workers to simplify its organizational structure
LinkedIn today announced that it will lay off 668 employees across its product development, human resources and finance groups. The job cuts come a few months after LinkedIn parent Microsoft Corp. implemented its second workforce reduction of the year. The first, larger round of layoffs was announced in January and saw the technology giant let go ...
Stack Overflow lets go 28% of its workforce in cost reduction push
Stack Overflow, the company behind the popular coding forum of the same name, is letting go 28% of its workforce in a bid to cut costs. Chief Executive Prashanth Chandrasekar announced the move in a blog post published today. The company, which is incorporated as Stack Exchange Inc., didn’t specify the exact number of affected ...