Maria Deutscher
Latest from Maria Deutscher
DynamoFL raises $15.1M to tackle language model data leaks
DynamoFL Inc., a startup with software that prevents large language models from leaking sensitive data, has secured $15.1 million in fresh funding. The startup raised the capital through a Series A round it announced this morning. Canapi Ventures and Nexus Venture Partners were the lead investors. A number of other institutional and angel investors contributed ...
Intel scraps its $5.4B acquisition of Tower Semiconductor
Intel Corp. today scrapped its plan to acquire specialty chipmaker Tower Semiconductor Ltd. for $5.4 billion. Under the terms of the acquisition, which the companies announced last February, Intel had until Tuesday midnight PDT to close the transaction. It reportedly missed the deadline after failing to secure regulatory approval in China. In connection with the ...
Google enhances Search Generative Experience with AI summaries and definitions
Google LLC today introduced three new features for Search Generative Experience, an experimental version of its search engine powered by generative artificial intelligence. The update is rolling out less than two weeks after the previous enhancement to the service. Search Generative Experience, or SGE as it’s commonly referred to by Google, debuted in May. It ...
OpenAI finds GPT-4 can improve online platforms’ content moderation efforts
OpenAI LP today detailed internal research that found GPT-4 can help online platforms moderate user content more effectively. According to OpenAI, its research determined that GPT-4 can perform some content moderation tasks better than humans in some cases. The company says its technology offers other benefits as well. In particular, OpenAI determined that large language ...
AI startup Grit nabs $7M to help developers fix technical debt faster
Grit, a startup using artificial intelligence to help companies maintain their software more efficiently, today exited stealth mode with $7 million in funding. The funding round was co-led by Founders Fund and Abstract Ventures. More than a half-dozen other investors participated as well. Companies periodically update their applications’ code to remove so-called technical debt. This ...
Cybersecurity provider Secureworks to let go 15% of its workforce
Secureworks Inc. is laying off 15% of its workforce in a bid to improve profitability and redirect more resources to its flagship cybersecurity product suite. The company disclosed the move in a regulatory filing released today. The restructuring comes six months after a previous round of layoffs that hit 9% of Secureworks’ workforce at the ...
Clari acquires rival Groove to enhance its sales platform
Well-funded sales software startup Clari Inc. has acquired rival Groove Labs Inc. to extend its feature set. The terms of the deal, which the companies announced this morning, weren’t disclosed. Groove co-founders Chris Rothstein and Austin Wang will join Clari following the transaction. They will oversee a product line that Clari plans to build using ...
Amazon adds AI-powered review summaries to its e-commerce marketplace
Amazon.com Inc. today introduced a generative artificial intelligence feature that will help online shoppers more easily decide whether a product is worth buying. On Amazon’s e-commerce marketplace, many product listings feature user-submitted reviews. The company’s new generative AI feature can analyze the reviews below a product listing and automatically create a summary. That summary consists ...
Cisco acquires telecommunications software startup Working Group Two for $150M
Cisco Systems Inc. is buying Working Group Two AS, a startup that develops software for powering carriers’ network infrastructure. The companies announced the deal on Thursday. Cisco is set to pay $150 million for Working Group Two and expects to close the acquisition by October 29, the last day of its current fiscal quarter. Norway-based ...
US cyber safety board to investigate cloud security and Exchange Online breach
The Cyber Safety Review Board has launched an investigation into the cybersecurity threats facing cloud service providers. The probe by the CSRB was first reported by Bloomberg late Thursday and confirmed today. As part of its investigation, the CSRB plans to look into a high-profile breach that hit Microsoft Corp.’s Exchange Online email platform earlier ...