Maria Deutscher
Latest from Maria Deutscher
Meta announces plans to spend $600B in the US over three years
Meta Platforms Inc. today pledged to invest $600 billion in the U.S. as part of its artificial intelligence push. The company plans to spend the capital over three years. It will invest in new AI data centers, supporting infrastructure such as power transmission lines and workforce expansion. Meta Chief Executive Officer Mark Zuckerberg first floated the ...
Congressional Budget Office breached by suspected foreign hackers
The Congressional Budget Office has been breached by hackers that are believed to be affiliated with a foreign actor. The CBO disclosed the incident on Thursday. According to the Washington Post, CBO officials first discovered the breach a few days earlier. The agency’s information technology team responded by rolling out new cybersecurity controls. “The Congressional ...
Appian surges 30% on forecast-topping earnings results
Automation software provider Appian Inc. today posted third-quarter financial results that topped the consensus estimate across the board. The company’s shares surged more than 30% on the strong earnings. Appian provides a platform that can visualize how an organization’s employees perform routine tasks such as processing documents. It displays the steps involved in a task, ...
Datadog shares jump 23% on strong earnings results
Shares of Datadog Inc. closed 23% higher today after it posted quarterly results that handily topped expectations. The company, which sells observability and cybersecurity tools, generated an adjusted operating income of $207 million in the three months ended Sept. 30. That amounted to adjusted earnings of 55 cents per share. Analysts polled by FactSet projected ...
Microsoft provides update on its AI efforts following OpenAI partnership change
A few days after revising its research collaboration with OpenAI, Microsoft Corp. has shared an update about its artificial intelligence development efforts. Mustafa Suleyman, chief executive of the company’s Microsoft AI group, detailed the engineering push in a blog post published today. The tech giant has formed a unit called the MAI Superintelligence Team to ...
Fortinet, SentinelOne and CrowdStrike debut new AI security features
Three of the world’s largest cybersecurity companies today announced product updates designed to help enterprises protect their artificial intelligence workloads. Fortinet Inc. debuted a firewall appliance optimized for AI workloads. SentinelOne Inc. and CrowdStrike Holdings Inc., in turn, introduced new AI features focused on making cybersecurity teams more productive. Nasdaq-listed Fortinet provides software that enterprises ...
DualBird raises $25M for its custom-chip-powered data processing platform
DualBird Inc., a startup using customizable field-programmable gate arrays to speed up data processing workloads, today announced that it has raised $25 million in funding. Lightspeed Venture Partners led the investment. It was joined by Bessemer Venture Partners, Angular Ventures and Uncork Capital. DualBird will use the funds to accelerate its go-to-market efforts. Companies prepare ...
Alphabet’s CapitalG backs $435M round for connected device security startup Armis
Armis Inc., a startup that helps companies secure connected devices such as printers and cell towers, has raised $435 million from investors at a $6.1 billion valuation. Goldman Sachs’ growth equity arm led the investment. Armis said in its announcement of the deal today that Alphabet Inc.’s CapitalG growth fund, Evolution Equity Partners and several ...
Google to launch satellites equipped with its TPU AI chips in 2027
Google LLC today detailed Project Suncatcher, an initiative to launch artificial intelligence chips into orbit aboard satellites. One of the main motivations behind the project is that solar panels generate significantly more power in space than on Earth. Moreover, there’s no need for batteries. On Earth, batteries provide a backup power source when a solar ...
UK court mostly sides with Stability AI in AI copyright lawsuit
A U.K. court has mostly sided with Stability AI Ltd. in a case that focused on the startup’s use of copyrighted images to train artificial intelligence models. The High Court of Justice issued the ruling today. London-based Stability AI is an AI model developer backed by more than $170 million in funding. The company is ...