Maria Deutscher
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Oracle debuts Alloy infrastructure platform and new data lakehouse
Oracle Corp. today debuted an infrastructure platform for powering on-premises cloud environments, new public cloud services and several major updates to its database portfolio. The company made the announcements at its annual Oracle CloudWorld event running this week in Las Vegas. Oracle Alloy The first new addition to Oracle’s product portfolio is an infrastructure offering called ...
Tricentis debuts new tools to ease software testing for developers
Tricentis today updated NeoLoad, its platform for measuring the speed of enterprise applications, and debuted two new software testing tools. Tricentis is a major provider of tools for evaluating the reliability of enterprise software. The company’s products are used by Microsoft Corp., Accenture PLC and about 2,500 other organizations to identify potential technical issues in ...
Snowflake invests in the OpenAP ad analytics consortium
Snowflake Inc. has made an investment in OpenAP, an advertising technology consortium backed by several of the largest broadcasting companies in the U.S. Snowflake announced the investment today. The company, which carried out the transaction through its venture capital arm, reportedly bought a 5% stake in OpenAP. Snowflake is reportedly the first company from outside ...
AI startup Stability AI raises $101M in new funding
Artificial intelligence startup Stability AI Ltd. has secured a $101 million funding round led by Coatue, Lightspeed Venture Partners and O’Shaughnessy Ventures. The London-based startup announced the investment today. According to Bloomberg, it’s now valued at $1 billion. Stability AI is the developer of Stable Diffusion, an open-source neural network that can generate images based on ...
Warehouse robot maker Ambi Robotics nabs $32M in funding
Startup Ambi Robotics Inc. today announced that it has secured $32 million in new funding to support product development and go-to-market initiatives. The capital was provided by Tiger Global, Bow Capital, Ahren Innovation Capital and Pitney Bowes Inc., an Ambi customer. Pitney Bowes is a publicly traded provider of package delivery services and logistics equipment. ...
US Army reportedly planning $1B cloud migration contract
The U.S. Army is planning to issue a cloud migration contract worth about $1 billion as part of its information technology modernization efforts. Officials detailed the Enterprise Application Modernization and Migration, or EAMM, contract, on Thursday. Multiple suppliers are expected to participate. The EAMM contract is structured as an indefinite-delivery, indefinite-quantity agreement, a type of ...
Report: Hybrid cloud software maker Nutanix is exploring a sale
Nutanix Inc., a major maker of software for managing cloud and on-premises infrastructure, is reportedly exploring a sale. The Wall Street Journal today cited people familiar with the matter as saying that Nutanix began weighing a sale after receiving takeover interest. However, it’s reportedly “far from certain” that a sale will take place. The report ...
Financial technology startup NorthOne secures $67M in fresh funding
NorthOne Inc., the operator of a popular banking service for small and midsized businesses, today disclosed that it has secured a new $67 million funding round. The Series B round included the participation of Redpoint Ventures and Battery Ventures, as well as several other institutional investors. A number of angel investors contributed as well. New ...
SecuriThings raises $21M for its connected device management platform
Connected device management startup SecuriThings Inc. today announced that it has raised $21 million in new funding. The Series B funding round, which was led by USVP, brings SecuriThings’ total outside funding to $39 million. USVP was joined in the round by Swisscom Ventures as well as existing investors Aleph, Firstime VC and Cresson Management. ...
TSMC lowers 2022 capital spending target to $36B
Taiwan Semiconductor Manufacturing Co. Ltd., the world’s largest contract chipmaker, today lowered its capital spending target for 2022. Chipmakers’ capital spending encompasses expenses such as new manufacturing facilities and purchases of processor fabrication equipment. TSMC set a capital spending target of $40 billion three months ago. The company today lowered that target by 10%, to ...