Maria Deutscher
Latest from Maria Deutscher
Report: Nvidia could invest in AI cloud operator Lambda at $1B valuation
Nvidia Corp. could reportedly make an investment in startup Lambda Inc., which operates a public cloud powered by the chipmaker’s graphics cards. San Francisco-based Lambda also sells on-premises data center hardware and developer laptops. The Information reported Nvidia’s potential investment in the startup today, citing sources familiar with the matter. Nvidia and Lambda are said ...
Gartner: Worldwide cloud infrastructure spending topped $100B for the first time in 2022
Worldwide spending on cloud infrastructure-as-a-service resources passed the $100 billion mark in 2022 after growing 29.7% year-over-year, according to new Gartner Inc. data released today. The research firm estimates that organizations rented $120.3 billion worth of cloud infrastructure in 2022, up from $92.8 billion the previous year. More than fourth-fifths of that spending went to ...
White House announces cybersecurity certification program for connected devices
The White House today announced an initiative aimed at making it easier for consumers to find smart devices that provide strong cybersecurity. Over the past few years, numerous internet of things products have been targeted by hacking campaigns. In many cases, the targeted products had lackluster cybersecurity controls. The issue has drawn scrutiny from not ...
Hammerspace nabs $56M for its data orchestration platform
Hammerspace Inc., a data management startup that counts Blue Origin LLC among its customers, has raised $56 million in funding to support growth initiatives. The investment was announced this morning. Prosperity7 Ventures led the round with participation from ARK Investment, Pier 88 Investment Partners and several other backers. “The last data cycle focused on structured ...
Report: ‘Millions’ of US military emails accidentally sent to Mali
Millions of U.S. military emails were accidently sent to addresses ending with Mali’s domain name, the Financial Times reported today. Email addresses and websites affiliated with the U.S. military use the domain name .mil. Email accounts in Mali, meanwhile, end with .ml. Over the course of several years, some users who intended to send messages ...
Google’s AppSheet no-code app builder rolls out to more Google Workspace users
Google LLC will make its AppSheet tool available in nine Google Workspace subscription tiers for no additional charge. The search giant announced the move this morning. AppSheet is set to become available in the Starter and Standard tiers of Google Workspace’s Business, Enterprise and Frontline editions. The last edition is geared toward users who perform ...
Humanoid robot startup Figure nabs $9M investment from Intel Capital
Intel Corp.’s venture capital arm has invested $9 million in Figure AI Inc., a startup working to build a humanoid warehouse robot. TechCrunch reported the investment today. Intel’s capital infusion follows a $70 million raise that Figure disclosed in May. That round included the participation of several institutional investors as well as the startup’s founder ...
Education software maker Kahoot to go private in $1.72B acquisition
An investor consortium led by Goldman Sachs has agreed to acquire Kahoot ASA, an Oslo-based provider of education software for schools and enterprises. The deal was announced today. The investor consortium’s offer values Kahoot at 17.2 billion Norwegian kroner, or about $1.72 billion. That amounts to 35 kroner per share, which is 53.1% higher than ...
Meta pushes envelope on AI training efficiency with new CM3leon image generator
Meta Platforms Inc. today detailed CM3leon, an artificial intelligence model built for image generation tasks that can be trained using only a fraction of the hardware required by similar neural networks. Meta says CM3leon has other notable features as well. Despite the fact that it was trained using a limited amount of hardware, the AI’s ...
OpenAI facing FTC investigation over potentially deceptive business practices
The U.S. Federal Trade Commission is investigating OpenAI LP over its business practices, a newly released regulatory document has revealed. The document in question is a civil subpoena issued by the FTC to OpenAI that was made public today. The subpoena’s release comes a few months after an artificial intelligence ethics group asked the FTC ...