Maria Deutscher
Latest from Maria Deutscher
Cybersecurity and data protection provider Acronis raises $250M in new funding
Acronis Inc., a major provider of cybersecurity and data protection software, has secured $250 million in funding at a valuation exceeding $3.5 billion. The funding round was first reported by Bloomberg on Tuesday. Acronis confirmed the news to Blocks and Files today. Switzerland-based Acronis provides a cloud platform, the Acronis Cyber Protect Cloud, that promises ...
Nvidia upgrades its NeMo Megatron development tool to speed up AI training
Nvidia Corp. today introduced a new version of its NeMo Megatron artificial intelligence development tool that will enable software teams to train neural networks faster. In particular, the update promises to reduce the amount of time necessary to train advanced natural language processing models. In 2020, AI research group OpenAI LLC debuted a sophisticated natural ...
FTC files lawsuit to block Meta’s acquisition of VR company Within
The U.S. Federal Trade Commission today filed a lawsuit to block Meta Platform Inc.’s acquisition of Within Unlimited Inc., a Los Angeles-based virtual reality application developer. Within develops a popular VR fitness app called Supernatural. Last October, Meta agreed to buy the company in a deal reportedly valued at $400 million. The FTC’s newly announced ...
Report: Microsoft is pushing for wider multicloud adoption in the US public sector
Microsoft Corp. has reportedly launched an effort to encourage broader multicloud adoption among U.S. government agencies. The Wall Street Journal reported the move today, citing people familiar with the matter and a Microsoft document. The term multicloud describes the practice of sourcing cloud services from multiple providers instead of using only a single provider’s offerings. ...
Balance raises $56M to simplify business-to-business payments
Balance Payments Inc., a financial technology startup focused on the business-to-business market, today announced that it has secured a $56 million funding round. Forerunner Ventures was the lead investor in the Series B round. It was joined by the venture capital arms of Salesforce Inc. and HubSpot Inc., as well as more than a half ...
AWS rolls out new malware detection and container security features
Amazon Web Services Inc. is rolling out new features that will help customers more easily scan their cloud environments for malware and secure software container applications. The features made their debut today at the cloud giant’s AWS re:Inforce event. They’re becoming available as part of two existing services, Amazon GuardDuty and Amazon Detective, that AWS ...
Shopify lays off 10% of workforce amid slowing e-commerce growth
Shopify Inc., a publicly traded provider of e-commerce software, today announced plans to lay off about 10% of its workforce or about 1,000 employees. Shopify co-founder and Chief Executive Officer Tobias Lütke announced the layoffs in an internal memo that was also published on the company’s blog. Lütke cited slowing growth in the e-commerce sector ...
HPE’s Aruba unit debuts new AI features for automating network management
Hewlett Packard Enterprise Co.’s Aruba unit today introduced new artificial intelligence capabilities that promise to ease the management of corporate networks. Aruba supplies networking equipment for data centers, offices and other locations such as university campuses. The HPE unit also sells software that customers can use to manage deployments of its hardware. The new AI ...
Altruistiq raises $18M for its cloud-based sustainability platform
London-based startup Altruistiq today announced that it has raised £15 million, or about $18 million, in seed funding to help enterprises meet their sustainability goals. The investment was led by Molten Ventures with participation from Norrsken VC and multiple angel investors. Altruistiq, incorporated as Expanding Circle Ltd, launched in 2021 with a cloud-based platform that ...
Intel to produce chips for MediaTek as part of new partnership
Intel Corp. will manufacture chips for MediaTek Inc., a Taiwan-based semiconductor maker, as part of a partnership that the companies announced today. MediaTek is a fabless semiconductor maker, or a company that designs chips and partners with external manufacturers to produce them. Its products are used in smartphones, wireless modems and a wide range of ...