Maria Deutscher
Latest from Maria Deutscher
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, ...
Report: HPE has expressed interest in acquiring Nutanix
Hewlett Packard Enterprise Co. has expressed interest in acquiring Nutanix Inc., Bloomberg reported today. Shares of Nutanix, which makes software for managing information technology infrastructure, jumped more than 8% on the news. HPE’s acquisition talks with Nutanix have reportedly been “on and off.” Additionally, today’s report stated that it’s unclear whether HPE and Nutanix will ...
OpenAI debuts new conversational AI system
OpenAI LLC on Wednesday detailed ChatGPT, an artificial intelligence system that can understand and answer complex natural language questions. ChatGPT is based on the advanced GPT-3 neural network that OpenAI first debuted in 2020. GPT-3 can perform a variety of natural language processing tasks ranging from writing essays to translating text. Moreover, it’s capable of ...
Frore Systems raises $100M in funding for its device cooling chip
Frore Systems Inc., a startup with a chip that can be used to cool devices such as laptops, has raised $100 million in funding to commercialize its technology. The funding was provided by Qualcomm Ventures, Mayfield, Addition and Clear Ventures, TechCrunch reported today. Frore Systems has raised a total of $116 million from investors since ...
IBM makes more software products available via AWS Marketplace
IBM Corp. today announced that it’s making more products from its software portfolio available through Amazon Web Services Inc.’s AWS Marketplace. AWS Marketplace provides access to a catalog of software products from the cloud giant’s partners. Companies can install the products in their AWS environments with less effort than the task would otherwise require. Additionally, ...
AWS introduces raft of new AI tools for Amazon SageMaker
Amazon Web Services Inc. today expanded its lineup of artificial intelligence capabilities by introducing an enhanced version of SageMaker, its neural network development platform. Originally introduced in 2017, SageMaker includes more than a dozen AI development tools. Software teams use the platform to create neural networks, train them, monitor their performance after they’re deployed and ...
Teampay raises $47M for its cloud-based purchasing platform
Teampay Labs Inc., a startup helping companies manage their business expenses more efficiently, has closed a $47 million funding round. Announced today, the Series B round was led by returning Teampay investor Fin Venture Capital. Mastercard Inc., Proof Ventures, Trestle and Espresso Capital participated as well. “Teampay is entering the second half of 2022 well-positioned ...