Maria Deutscher
Latest from Maria Deutscher
SAP SE today posted lower-than-expected financial results for the second quarter, but disclosed that sales of its S/4HANA Cloud platform surged 74%. The German software maker logged an adjusted profit from continuing operations of €1.24 billion in the three months ended June …
Dell acquires venture-backed AIOps startup Moogsoft
Dell Technologies Inc. is buying Moogsoft Inc., a startup with an artificial intelligence operations platform that helps companies troubleshoot technical issues in their infrastructure. Dell disclosed the acquisition Wednesday in a brief announcement that didn’t specify the financial terms. The company expects …
Research paper suggests OpenAI’s GPT-4 may have become less accurate
A new research paper suggests that GPT-4, OpenAI LP’s most advanced artificial intelligence model, may have become less effective at performing certain tasks. Ars Technica reported the paper’s findings today. Originally published July 18, it was authored by three researchers from Stanford University …
Report: Apple built ‘Apple GPT’ chatbot using internal AI development framework
A new report has shed light on two of the internally built technologies Apple Inc. is using to support its artificial intelligence initiatives. The first technology, Ajax, is described as a framework for building large language models. Apple is also said to …
Neura Robotics raises $55M round to build more AI-powered robots
Germany-based robot maker Neura Robotics GmbH has raised $55 million in fresh funding to support business growth initiatives. Announced today, the round was led by investment firm Lingotto. The firm is an affiliate of Exor N.V., a Netherlands-based holding company that maintains …
Broadcom’s $61B VMware acquisition wins provisional approval in the UK
The U.K.’s top antitrust regulator has provisionally approved Broadcom Inc.’s $61 billion acquisition of VMware Inc., which has been the subject of a competition review since last year. The Competition and Markets Authority, or CMA, announced the move today. Members of the …
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 …
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 …
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 …
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 …