Maria Deutscher
Latest from Maria Deutscher
Zoom lays off 15% of its workforce as growth slows
Zoom Video Communications Inc. today announced plans to lay off 1,300 employees, or about 15% of its workforce. All the company’s core business units are affected. The organizational structure of some units will be updated to streamline business operations. “As the world transitions to life post-pandemic, we are seeing that people and businesses continue to ...
Blockfenders reels in $1.5M for its blockchain-powered secure data sharing platform
Blockfenders Inc., a startup with a blockchain-powered platform that promises to help companies share data more securely with one another, has raised $1.5 million in pre-seed funding. The Palo Alto, California-based startup announced the investment this morning. More than a dozen venture capital firms and angel investors participated. Co-founder and Chief Executive Viraj Phanse has ...
Google debuts AI-powered Bard chatbot for conversational search
Google LLC today announced plans to launch an artificial intelligence search tool, Bard, that will be capable of providing detailed natural language answers to user queries. Bard will initially become accessible to a group of “trusted testers,” Google Chief Executive Officer Sundar Pichai detailed in a blog post. The search giant plans to make the ...
Getty Images sues Stability AI for copyright and trademark infringement
Getty Images Holdings Inc. is suing Stability AI Ltd., a generative artificial intelligence startup, for allegedly misusing its stock photos. The Verge reported the case today. Getty Images’ lawsuit, which was submitted to the U.S. District Court for the District of Delaware, is the second the company has brought against Stability AI. It’s pursuing similar ...
Dell lays off 5% of workforce amid slowing PC demand
Dell Technologies Inc. disclosed in a regulatory filing today that it plans to let go about 5% of its workforce, or about 6,650 employees. Dell co-Chief Operating Officer Jeff Clarke wrote in an internal memo that the move is part of an initiative to “better structure us for the future, to better collaborate, reduce complexity, ...
Report: FTC could file antitrust lawsuit against Amazon
The U.S. Federal Trade Commission may soon launch an antitrust lawsuit against Amazon.com Inc., according to a new report. The Wall Street Journal today cited sources as saying that the lawsuit could be filed within months. However, the sources added that the timing of the litigation is still subject to change. It’s reportedly possible the ...
Google to make its large language models available to users
Google LLC will start making its advanced large language models available to users in the coming weeks and months, Chief Executive Officer Sundar Pichai has disclosed. Pichai detailed the plan during the company’s fourth-quarter earnings call late Thursday. This morning, The Verge reported that Google has sent out press invitations for a product event scheduled to ...
Microsoft integrates OpenAI’s GPT-3.5 model into its Viva Sales application
Microsoft Corp. today introduced new artificial intelligence features for Sales Viva, a cloud application that it released last year to ease the work of enterprise sales teams. The new AI features are powered by OpenAI LLC’s GPT-3.5 model. The model also forms the basis of ChatGPT, the advanced AI chatbot that the startup debuted in ...
Cybersecurity provider Rapid7 reportedly exploring a sale
Rapid7 Inc., a publicly traded provider of vulnerability detection and remediation software, is reportedly exploring a sale. Reuters reported the development on Wednesday, citing people familiar with the matter. Rapid7 is said to have received takeover interest from multiple potential buyers including private equity firms. Over the past few quarters, private equity firms have acquired ...
ToolJet reels in $4.6M for its low-code application development platform
ToolJet Solutions Inc., the developer of a low-code platform for building business applications, today announced that it has secured $4.6 million in early-stage funding. Nexus Venture Partners led the investment. The venture capital firm was joined by January Capital, Ratio Ventures and multiple angel investors. ToolJet previously closed a $1.55 million seed round in 2021. ...