Maria Deutscher
Latest from Maria Deutscher
Taiwan Semiconductor Manufacturing Co. Ltd. will spend $40 billion to build chip plants in Arizona as part of a new investment plan that is expected to be announced today. TSMC is the world’s largest contract chip manufacturer. It operates a network of …
Balance Theory raises $3M for its cybersecurity collaboration platform
Balance Theory Inc., a startup with a platform that companies can use to store technical data about their cybersecurity systems, has raised a $3 million seed funding round. The company announced the funding round this morning. DataTribe was the lead investor, while the …
Slack CEO Stewart Butterfield to step down in January
Slack Technologies LLC co-founder and Chief Executive Officer Stewart Butterfield will leave the team collaboration provider next month. The news was first reported by Insider this morning. Following the report, Slack parent company Salesforce Inc. confirmed the development in a statement to …
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 …
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 …
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 …
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. …
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 …
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 …
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 …