Maria Deutscher
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TeraWatt raises $1B+ to expand its network of electric vehicle charging centers
TeraWatt Infrastructure Inc., a startup that builds and operates electric vehicle charging centers, has secured more than $1 billion in an early-stage funding. The startup announced the Series A funding round this morning. Vision Ridge Partners, an investment firm that backs sustainable infrastructure companies, led the round. It was joined by returning TeraWatt backers Capital ...
Zesty secures $75M in funding to reduce companies’ cloud costs
Cloud infrastructure optimization startup Zesty Tech Ltd. today announced that it has secured a $75 million funding round. The Series B funding round was jointly led by B Capital and Sapphire Ventures. Existing Zesty backers Next47 and S-Capital participated as well. Since launching in 2019, the startup has raised a total of $116 million from ...
Cledara raises $20M to simplify cloud application management
Cledara Ltd., a startup helping companies manage the software-as-a-service applications used by their employees, today announced that it has secured a $20 million funding round. The Series A round was led by CommerzVentures, a venture capital firm focused on the financial technology market. Nauta Capital, Notion Capital, Carbide Venture and Massive contributed as well. The ...
Google completes $5.4B acquisition of cybersecurity provider Mandiant
Google LLC today announced that it has completed its acquisition of Mandiant Inc., a major provider of cybersecurity services and software. The $5.4 billion acquisition was announced in March. Google stated at the time that Mandiant will become part of its Google Cloud business after the transaction closes. Google Cloud Chief Executive Officer Thomas Kurian elaborated ...
Report: US to place new restrictions on chip technology exports to China
The U.S. Commerce Department reportedly plans to implement new rules designed to restrict the sale of chips and chip manufacturing equipment to China. The plan was reported today by Reuters, which attributed the information to multiple sources familiar with the matter. Commerce Department officials are expected to announce the export restrictions next month. However, there ...
Amazon acquires machinery maker Cloostermans to expand its robotics division
Amazon.com Inc. today announced that it’s acquiring D. Cloostermans-Huwaert NV, a Belgium-based machinery supplier, to expand its robotics operations. The financial terms of the deal were not disclosed. Founded in 1884, Cloostermans provides mechanical and electrical engineering services to help organizations design custom machinery. Cloostermans also manufactures machinery. The company operates a 17,000-square-foot manufacturing facility ...
Intel details its upcoming Arc graphics cards for desktops
Intel Corp. on Thursday shared new technical details about its upcoming Arc A-Series lineup of graphics processing units for desktops. The Arc A-Series, which is also known as the Alchemist series, is Intel’s first lineup of standalone GPUs for the desktop market. Previously, the company only shipped integrated graphics cards, or graphics cards that are ...
White House releases six proposals for reforming tech industry regulation
The White House has released six proposals for reforming tech industry regulation that span areas such as privacy, algorithmic decision-making and market competition. The proposals were published Thursday following a listening session held at the White House about the tech industry. The session included the participation of more than a dozen experts and practitioners. The ...
MLCommons releases results of its latest MLPerf AI inference benchmark test
MLCommons today released the latest results of its MLPerf Inference benchmark test, which compares the speed of artificial intelligence systems from different hardware makers. MLCommons is an industry organization that develops open-source AI tools. As part of its work, the organization runs benchmark tests to compare the speed of different AI-optimized hardware systems. MLCommons’ benchmark ...
Graphiant launches from stealth mode to streamline enterprise networks
Startup Graphiant Inc. today launched from stealth mode with a networking platform that it says can ease the management of corporate networks and lower their cost in the process. San Jose, California-based Graphiant is led by founder and Chief Executive Officer Khalid Raza. Raza previously founded Viptela Inc., a networking technology provider that was acquired ...