Maria Deutscher
Latest from Maria Deutscher
Teradata brings its VantageCloud Lake analytics platform to Azure
Teradata Corp. today made its VantageCloud Lake analytics platform available on Microsoft Corp.’s Azure cloud computing platform. NYSE-listed Teradata sells software that companies use to analyze their business information for useful insights. VantageCloud Lake, the platform that became available on Azure today, is a cloud-focused version of the company’s software. The platform originally debuted last August ...
Meta’s Threads app passes 100M signups five days after launch
Meta Platforms Inc. disclosed today that its new Threads social networking app now has more than 100 million users. Instagram head Adam Mosseri, who is also responsible for Threads, announced the symbolic milestone in a post on the app. The development three days after the service reached 70 million signups and five days after its launch. ...
UiPath co-founder Daniel Dines to step down from co-CEO role next year
UiPath Inc. announced today that co-founder Daniel Dines will resign from his role as co-chief executive officer on Jan. 31, 2024. UiPath’s other co-CEO, Rob Enslin, will become sole chief executive after the leadership change. Dines (pictured), in turn, will move to the role of chief innovation officer. In that capacity, he will oversee the ...
Meta’s new Threads social network reaches 70M users
Meta Platforms Inc.’s freshly launched Threads social network has passed 70 million signups, Chief Executive Officer Mark Zuckerberg divulged today. “70 million sign ups on Threads as of this morning. Way beyond our expectations,” Zuckerberg wrote in a post, or thread, on the new platform. The milestone comes about a day after Threads reached 30 ...
Samsung estimates its profit fell 96% in the second quarter
Samsung Electronics Co. Ltd. estimates that its operating profit plummeted 96% to a 14-year low in the second quarter. The company shared the estimate as part of its preliminary quarterly earnings report, which was released early today. Samsung believes its consolidated operating profit amounted to 600 billion won, or $459 million, in the three months ended ...
OpenAI launches its GPT-4 API into general availability
OpenAI LP today made GPT-4, its newest and most capable language model, generally available through a cloud-based application programming interface. The heavily funded artificial intelligence startup also detailed several other product updates. Alongside GPT-4, OpenAI is making three other AI models’ APIs generally available. Additionally, the startup announced plans to phase out a number of earlier neural ...
Retail robotics startup Telexistence raises $170M
Telexistence Inc., a startup developing artificial intelligence-powered robots for the retail sector, today announced that it has raised $170 million in funding. One of the investors in the Series B round was SoftBank Group Corp. Last month, SoftBank signaled that it plans to step up the pace of its AI investments following a year of limited ...
DigitalOcean acquires AI-focused GPU cloud operator Paperspace for $111M
DigitalOcean Holdings Inc. has inked a $111 million deal to acquire Paperspace Co., a Brooklyn-based startup that provides cloud infrastructure for artificial intelligence developers. The transaction was announced this morning. Founded in 2011, DigitalOcean provides a public cloud platform of the same name. The platform is designed to be relatively easy to use, which has ...
OpenAI forms research team to tackle dangers of AI ‘superintelligence’
OpenAI LP is forming a new research team to tackle the potential dangers that could be posed by future “superintelligent” machine learning models. OpenAI Chief Scientist Ilya Sutskever and Jan Leike, the startup’s head of alignment, announced the move in a blog post today. Sutskever and Leike will co-lead the new research team. In their ...
CADDi reels in $89M to make custom industrial equipment parts easier to procure
CADDi Inc., a startup that provides specialized procurement software for industrial equipment makers, has raised $89 million in new funding. TechCrunch reported the Series C round today. The raise included the participation of nearly a dozen investors, including the venture capital arm of Mitsubishi UFJ Financial Group Inc., Japan’s largest bank. Tokyo-based CADDi is now ...