Maria Deutscher
Latest from Maria Deutscher
Google starts opening access to its Bard chatbot in the US and UK
Google LLC will start making its Bard artificial intelligence chatbot available for users in the U.S. and U.K, the company announced today. Users can sign up for a waitlist to access Bard on a new dedicated webpage the search giant has created. According to The Verge, Google expects that the process of rolling out the ...
DragonflyDB reels in $21M for its speedy in-memory database
DragonflyDB Inc., a startup with an in-memory database designed to speed up enterprise applications, today announced that it has secured $21 million in funding. The startup raised the capital over two rounds. The first round, a seed investment led by Redpoint Ventures, was followed by a Series A investment in which Quiet Capital was the ...
Runway debuts AI model that can generate videos from text
Startup Runway AI Inc. today debuted Gen-2, an artificial intelligence model that can generate brief video clips based on text prompts. New York-based Runway develops AI models that ease image and video editing tasks for creative professionals. Last year, the startup helped co-create the popular Stable Diffusion generative AI model. In December, it raised $50 ...
Continuing acquisition spree, HPE buys infrastructure monitoring startup OpsRamp
Hewlett Packard Enterprise Co. is acquiring OpsRamp Inc., a startup with a platform that helps companies detect and fix malfunctions in their infrastructure. The OpsRamp acquisition price, while not disclosed, is a strategic investment for HPE in enhancing its infrastructure capabilities. HPE announced the deal today. It marks the fourth acquisition the company has made ...
Amazon to lay off 9,000 more workers, including at AWS, as cost-cutting effort continues
Amazon.com Inc. today announced that it will let go 9,000 employees as part of its ongoing effort to rein in operating expenses. Amazon Chief Executive Officer Andy Jassy detailed the move in a memo to workers that was also published on the company’s website. Jassy stated that affected employees will receive a separation payment, transitional ...
Workforce management startup Rippling raises $500M
Rippling, a startup with a popular cloud-based workforce management platform, today disclosed that it has raised $500 million in funding. Existing backer Greenoaks Capital was the lead investor and reportedly increased its stake by 4%. The round keeps the startup’s valuation at the $11.25 billion it was worth following a previous $250 million raise last May. ...
SVB Financial Group files for bankruptcy as it works to sell assets
SVB Financial Group Corp., the former parent company of Silicon Valley Bank, today announced that it has filed for Chapter 11 bankruptcy protection in New York. SVB Financial Group operated Silicon Valley Bank until financial regulators closed the latter company last Friday. Clients’ deposits were moved to a new entity on Monday. The new entity, Silicon ...
Google discovers 18 vulnerabilities in multiple Samsung chips
Google LLC’s Project Zero cybersecurity research team has discovered 18 vulnerabilities in mobile and auto chips made by Samsung Electronics Co. Ltd. The search giant disclosed the vulnerabilities on Thursday. According to Google, chips containing the security flaws can be found in 11 of Samsung’s Galaxy handsets. The chips also power some handsets from Vivo ...
Stack Infrastructure raises $250M in new debt financing
Data center construction company Stack Infrastructure Inc. today announced that it has secured $250 million in fresh debt financing. The financing was raised in the form of securitized notes. A securitized note is a loan that has been turned into a marketable security, meaning it can be sold to investors. The loans that comprise Stack ...
SUSE’s revenue grows 9% amid strong demand for container tools
Enterprise software maker SUSE SA today reported that its adjusted revenue grew 9% year-over-year, to $169 million, in its first fiscal quarter. Germany-based SUSE counts more than 60% of the companies on the Fortune 500 list as customers. It sells several popular distributions of Linux that organizations use to run SAP SE applications, as well as ...