Maria Deutscher
Latest from Maria Deutscher
Eliyan Corp., a startup developing technology for building chiplet-based processors, today announced that it has closed a $40 million funding round. The Series A round was led by Tracker Capital. Celesta Capital participated as well along with Intel Capital and Micron Ventures. …
Palantir shares decline 11% after mixed third-quarter results
Shares of Palantir Technologies Inc. declined more than 11% today after the company posted mixed financial results for the third quarter ended Sept. 30. Palantir sells two software products, Gotham and Foundry, that enable organizations to analyze data from multiple sources. Gotham …
OutSystems acquires mobile app development startup Ionic
Low-code software development specialist OutSystems Inc. today announced that it has acquired Ionic, a startup with a popular suite of tools for building mobile apps. The terms of the acquisition were not disclosed. OutSystems is a Boston-based startup backed by more than …
Lidar sensor makers Ouster and Velodyne to merge
Ouster Inc. and Velodyne Labs Inc., two major suppliers of lidar sensors for autonomous vehicles, today announced plans to merge in an all-stock transaction. Velodyne investors will receive 0.8204 Ouster shares for every share of the sensor maker. That represents a 7.8% premium …
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 …
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 …
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 …
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. …
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 …
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 …