Maria Deutscher
Latest from Maria Deutscher
Mobileye’s first quarterly results since IPO top analyst expectations
Mobileye Global Inc. today reported quarterly financial results for the first time since going public on the Nasdaq stock exchange in October. The company supplies chips, software and road data that automakers use to equip their vehicles with partly automated driving features. According to the company, its technology has been implemented in more than 125 ...
AI chip startup NeuReality raises $35M in funding
Startup NeuReality Ltd. today announced that it has raised $35 million in funding to commercialize its NR1 chip, which is designed to speed up artificial intelligence applications. The Series A funding round was led by Samsung Ventures, Cardumen Capital, Varana Capital, OurCrowd and XT Hitech. Several other institutional backers participated as well. Among them was ...
Couchbase reports better-than-expected third quarter results but stock falls
Database maker Couchbase Inc. today reported third-quarter financial results that topped analysts’ expectations, as well as the company’s own guidance. Santa Clara, California-based Couchbase went public on the Nasdaq stock exchange last July. It provides a cloud-based NoSQL database called Capella that companies can use to store structured and unstructured information. Couchbase also sells two ...
TSMC to increase chip fab investment in Arizona to $40B
Taiwan Semiconductor Manufacturing Co. Ltd. will spend $40 billion to build chip plants in Arizona as part of a new investment plan that is expected to be announced today. TSMC is the world’s largest contract chip manufacturer. It operates a network of chip plants, or fabs, that other companies can use to produce processors based ...
Balance Theory raises $3M for its cybersecurity collaboration platform
Balance Theory Inc., a startup with a platform that companies can use to store technical data about their cybersecurity systems, has raised a $3 million seed funding round. The company announced the funding round this morning. DataTribe was the lead investor, while the Maryland Technology Development Corporation participated as well. “In our experience, organizations that focus ...
Slack CEO Stewart Butterfield to step down in January
Slack Technologies LLC co-founder and Chief Executive Officer Stewart Butterfield will leave the team collaboration provider next month. The news was first reported by Insider this morning. Following the report, Slack parent company Salesforce Inc. confirmed the development in a statement to TechCrunch. Butterfield is set to be replaced by Lidiane Jones, the executive vice ...
Process mining startup Apromore raises $10.3M in funding
Process mining startup Apromore Pty Ltd. has secured $10.3 million in new funding to grow its market presence. Apromore raised the capital through a Series B investment that was announced today. Salesforce Inc. and Germany-based enterprise software maker GBTEC Software Consulting AG led the investment. According to Apromore, it has raised a total of $23 ...
Twelve Labs raises $12M for its AI-powered video search platform
Twelve Labs Inc., the developer of a search platform that enables users to find moments of interest quickly in a video, has raised $12 million from investors. The company announced the investment this morning. The investment was provided as an extension to a seed round that it had closed earlier this year. Radical Ventures led Twelve ...
DeepMind debuts new AI system capable of playing ‘Stratego’
Alphabet Inc.’s DeepMind unit has developed a new artificial intelligence system capable of playing “Stratego,” a board game considered more complex than chess and Go. DeepMind detailed the AI system, which it dubs DeepNash, on Thursday. The Alphabet unit says that DeepNash achieved a win rate of more than 84% in matches against expert human ...
Defense technology startup Anduril raises $1.48B in funding
Anduril Industries Inc., a defense technology startup launched in 2017 by Oculus VR Inc. founder Palmer Luckey, has raised a $1.48 billion funding round. The Series E round values Anduril at $8.48 billion, Axios reported today. Valor Equity Partners led the investment. It was joined by more than a dozen other investors, including Founders Fund, ...