Maria Deutscher
Latest from Maria Deutscher
Meta develops new hardware-efficient video processing method
Meta Platforms Inc. today detailed an internally developed computing method that makes it possible to process some types of video content up to 94% more efficiently than before. According to the company, the technology will help it more efficiently process videos that users upload to Instagram. When a user uploads a clip to Instagram, Meta’s ...
Twitter launches round of layoffs expected to affect 3,800 employees
A week after the completion of its acquisition by Elon Musk, Twitter Inc. today launched a round of layoffs that is reportedly expected to affect 3,800 employees. Twitter first notified staffers of the move in an internal memo issued late Thursday. In the memo, the company stated that all employees would be notified by 9 a.m. ...
Serverless cache startup Momento exits stealth mode with $15M in funding
Startup Momento Inc. on Wednesday launched from stealth mode with $15 million in seed funding and a serverless cache platform that promises to speed up cloud applications. According to Momento, the seed funding round was led by Bain Capital Ventures. Investment firm The General Partnership participated as well along with senior executives from Intuit Inc., ...
Formula 1 renews cloud partnership with AWS
Formula 1 today announced that it has renewed its cloud partnership with Amazon Web Services Inc. and disclosed plans to extend the collaboration to more areas. Formula 1 has been using AWS’ public cloud to support its artificial intelligence initiatives since 2018. In particular, the auto racing league relies on AWS services to power an ...
Google details flurry of new AI research projects
Google LLC has detailed a number of internal research projects focused on exploring new applications for artificial intelligence software. The search giant announced the projects on Wednesday during an event held in Manhattan. The first AI development effort that Google detailed is known as the 1,000 Languages Initiative. Through the initiative, Google hopes to develop ...
Oro Labs raises $25M for its cloud-based procurement platform
Oro Labs Inc., a startup working to ease the work of enterprise procurement teams, today announced that it has secured $25 million in early-stage funding. Norwest Venture Partners and B Capital jointly led the Series A funding round. XYZ Venture Capital, Array Ventures and a number of other investors participated as well. Procuring products and ...
Grafana Labs releases new open-source application monitoring tools
Grafana Labs Inc. is releasing two open-source tools designed to help developers make their applications more efficient and resolve software errors faster. Both tools made their debut at the startup’s annual ObservabilityCON 2022 event today. New York-based Grafana Labs is backed by more than $535 million in funding from Sequoia Capital, Coatue and other investors. ...
Google rolls out enhanced flood and wildfire tracking features
Google LLC today rolled out enhancements to its flood and wildfire tracking tools, which enable users to access information about natural disasters via the company’s services. In 2018, Google launched an artificial intelligence system that alerts users when there is a risk of flooding in their area. Alerts are available via Google Maps, as well ...
Google debuts tool for programming robots with natural language commands
Google LLC today debuted an internally developed software tool that can reduce the amount of effort involved in training a robot to perform new tasks. The tool is known as Code as Policies, or CaP. It’s available on GitHub under an open-source license. Before a manufacturer can deploy robotic arms in a factory, it has ...
Commvault tops earnings expectations following increase in large deals
Data protection provider Commvault Systems Inc. today reported financial results for the quarter ended Sept. 30 that topped both revenue and profit expectations. Nasdaq-listed Commvault makes software that enables enterprises to back up their business data, recover it in the event of an outage, and block ransomware attacks. The company also operates in a number ...