Maria Deutscher
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Arduino’s newest chip offers faster performance and more memory
Chipmaker Arduino s.r.l. today introduced a new microcontroller board, the Uno R4, that offers significantly higher performance than its previous-generation hardware. Switzerland-based Arduino is a major maker of microcontroller boards. Those are miniature computers that take the form of a compact chip measuring a few inches across. Each such chip includes a processor, memory and ...
Accelerant raises $150M for its insurance underwriting platform
Accelerant, an Atlanta-based startup with a software platform designed to ease the work of insurance underwriters, has reportedly secured $150 million in fresh funding. Bloomberg reported the raise on Thursday. It was led by Barings, a subsidiary of MassMutual Co. Accelerant is now reportedly valued at $2.4 billion, or $200 million more than after its ...
Intel and HPE complete assembly of record-breaking Aurora supercomputer
Intel Corp. today announced that all the compute modules of Aurora, an exascale supercomputer it’s helping to build for the U.S. Department of Energy, have been installed. The system is a collaboration among the Energy Department, Intel and Hewlett Packard Enterprise Co. It’s located at the Argonne National Laboratory. Scientists will use the system to ...
EU reportedly set to investigate Amazon’s $1.7B iRobot acquisition
The European Union is expected to launch an investigation into Amazon.com Inc.’s planned acquisition of iRobot Corp. for $1.7 billion. The development was reported this morning by Bloomberg and Reuters. According to the sources cited in the reports, EU antitrust officials are currently conducting a preliminary review of the deal. The full investigation is expected ...
Mendix introduces chatbots and embedded AI models with latest platform release
Mendix today previewed a new version of its low-code development platform that will make it easier for companies to build artificial intelligence applications. The new version, called Mendix 10, also adds two AI chatbots designed to ease developers’ work. The company plans to share more details about the update at an event next Tuesday. Mendix’s ...
Integral releases open-source AI tool for evaluating code reliability
Integral, a venture-backed data management startup, today debuted an open-source tool that can analyze software teams’ code and automatically highlight areas for improvement. The tool is known as Robin AI. It uses artificial intelligence to scan code files for potential issues. Integral, officially Promeed Inc., launched in 2022 and earlier this year raised a funding ...
FTC sues Amazon over Prime sign-up and cancellation interfaces
The U.S. Federal Trade Commission today sued Amazon.com Inc. over the subscription management interfaces of its Prime service. Introduced in 2005, Prime provides access to free shipping, discounts and other benefits for a monthly fee. The service reached 100 million users in 2018. According to Amazon, it passed 200 million users about three years later. The ...
SoftBank CEO Masayoshi Son suggests company plans to gear up AI investments
SoftBank Group Corp. Chief Executive Masayoshi Son has indicated that the company, one of Japan’s largest telecommunications providers, plans to ramp up its investments in artificial intelligence. Son, who founded SoftBank in 1981, detailed the company’s plans during its annual shareholder meeting today. He reportedly told investors that “we would like to be [in] the ...
Google introduces AI-powered money laundering detection service
Google LLC’s cloud unit today debuted a new service that uses artificial intelligence to help financial institutions detect money laundering. The service is known as Anti Money Laundering AI, or AML AI for short. Banks historically used so-called rules-based detection systems to spot illicit financial activity. In such systems, users manually define what type of ...
Shopify brings its Shop Pay checkout service to external e-commerce websites
Shopify Inc. today announced plans to make its Shop Pay service available for online stores not hosted on its namesake cloud platform. Shopify’s platform is used by retailers to build and manage e-commerce websites. It helped process $49.6 billion worth of online purchases last quarter, a 15% increase from the same time a year earlier. ...