Maria Deutscher
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Intel rebrands its PC processor lineup
Intel Corp. today announced plans to reorganize its personal computer processors under a simplified, two-tier branding structure. The move comes more than a decade after the last major rebrand of the product portfolio. It also follows a smaller naming change that Intel announced last September. The latter update saw the company fold two sets of ...
WhyLabs releases open-source LangKit toolkit for monitoring large language models
Startup WhyLabs Inc. today released LangKit, an open-source toolkit designed to help companies monitor their large language models for safety issues and other risks. Seattle-based WhyLabs is backed by $14 million in funding. Its investors include Madrona Venture Group, Bezos Expeditions and AI Fund, a venture capital firm led by artificial intelligence pioneer Andrew Ng. ...
Primer raises $69M for its AI-powered analytics tools
Data analytics provider Primer Technologies Inc. today announced that it has closed a $69 million funding round led by Addition. U.S. Innovative Technology Fund also contributed to the Series D round, which brings the startup’s total outside financing to $237 million. Primer will use the capital to hire more employees and enhance its technology. San ...
EU suggests breaking up Google’s display ad business over antitrust concerns
The European Commission, the European Union’s executive branch, has sent Google LLC a statement of objections over its practices in the display advertising market. The EU announced the move today. A statement of objections is a document that the bloc’s antitrust officials issue to a company after determining it may have run afoul of antitrust ...
Pure Storage debuts new flash storage arrays and cybersecurity features
Pure Storage Inc. is expanding its product portfolio with three new flash arrays and a set of software features designed to mitigate the impact of ransomware attacks. The company announced the offerings at its annual Pure//Accenture event in Las Vegas, which kicked off this morning. The first two additions to the hardware maker’s product portfolio ...
AI video creation startup Synthesia reels in $90M from investors
Synthesia Ltd., a startup with an artificial intelligence platform for creating video content, today announced that it has secured a $90 million funding round. The Series C round was led by Accel. Nvidia Corp. participated as well along with Alphabet Inc.’s GV venture capital arm, Kleiner Perkins, FirstMark Capital and MMC. The investment values Synthesia ...
Striveworks raises $33M for its machine learning operations platform
Striveworks Inc., the developer of a machine learning operations platform that makes it easier to build and deploy artificial intelligence models, has raised $33 million in fresh funding. The startup announced the investment this morning. Growth equity firm Centana Growth Partners was the lead investor, while a number of existing backers contributed as well. Austin-based ...
ServiceNow extends its AI capabilities with Now Assist for Virtual Agent
ServiceNow Inc. today introduced Now Assist for Virtual Agent, a chatbot that uses generative artificial intelligence to help workers quickly find business information. The chatbot is rolling out on the heels of the company’s Knowledge 2023 conference last month. During the event, ServiceNow introduced several new generative AI features for its platform. Now Assist for ...
Report: FTC seeking injunction to block Microsoft’s Activision Blizzard acquisition
The Federal Trade Commission is reportedly seeking an injunction to prevent Microsoft Corp.’s acquisition of Activision Blizzard Inc. from closing. CNBC reported the FTC’s plans today, citing a person familiar with the matter. Activision Blizzard is one of the world’s largest video game developers. Last quarter, it generated $2.38 billion in revenue from an installed ...
EU reportedly set to greenlight Broadcom’s $61B VMware acquisition
Antitrust officials in the European Union are set to approve Broadcom Inc.’s proposed acquisition of VMware Inc., according to a new report. Reuters today cited sources as saying that the approval is expected to be conditional. Broadcom will reportedly only receive the go-ahead if it agrees to make certain antitrust commitments. Broadcom announced its proposed ...