Maria Deutscher
Latest from Maria Deutscher
Toshiba Corp. will spend 125 billion yen, or about $175 million, to expand the production lines it uses to manufacture power management chips. Reuters reported the plan on Friday. Toshiba Chief Executive Officer Taro Shimada detailed the investment during an event marking …
Iris Software receives private equity investment at £3.15B valuation
Private equity firm Leonard Green & Partners has made an investment in Iris Software Group Ltd. at a valuation of £3.15 billion, or about $4 billion. The London-based business software maker announced the deal on Saturday. It stated that Leonard Green is …
Apple reportedly expects to ship 500,000 Vision Pro headsets in 2024
Apple Inc. is expected to ship 500,000 Vision Pro mixed reality headsets in 2024, significantly less than the 1 million the company reportedly targeted as recently as earlier this year. The new prediction comes by way of respected industry analyst Ming-Chi Kuo, …
Report: Pentagon has so far committed only a fraction of its JWCC cloud contract’s $9B budget
The Pentagon has so far committed only a small fraction of the $9 billion it intends to spend on cloud services under its JWCC contract. The Washington Post reported the news today, citing officials and government records. The JWCC, or Joint Warfighting …
Data center operator Arkon Energy nabs $110M in fresh funding
Arkon Energy Pty Ltd., a company that operates data centers powered by renewable energy, has raised $110 million in funding to expand its infrastructure footprint. TechCrunch reported the investment today. It was led by Bluesky Capital Management with participation from Kestrel 0x1 …
Cisco acquires eBPF networking startup Isovalent
Cisco Systems Inc. is acquiring Isovalent Inc., a startup that develops networking software based on the open-source eBPF tool. Cisco announced the deal today without disclosing the financial terms. The acquisition comes about two years after the networking giant backed a $29 …
Commerce Department to launch review of U.S. chip supply chain
The Department of Commerce is launching a review into the supply chain through which U.S. companies source chips for their hardware products. The review, which was announced today, will be carried out by the department’s Bureau of Industry and Security. Work on …
Consumer AI startup Rabbit raises $10M from Khosla Ventures
Startup Rabbit Inc. today announced that it has raised $10 million in funding to build a mobile device with an artificial intelligence-powered operating system. The Series A investment, which was led by Khosla Ventures, comes a few months after Rabbit received $20 …
UK Supreme Court rules AI systems can’t patent their inventions
The Supreme Court of the United Kingdom today ruled that an artificial intelligence can’t receive a patient for an invention it has created without human assistance. The judgment concludes a legal case launched in 2019 by Stephen Thaler, a Missouri-based computer scientist. Thaler …