Maria Deutscher
Latest from Maria Deutscher
Hackers have stolen cryptocurrency worth about $570 million from BNB Chain, a blockchain created by cryptocurrency company Binance Holdings Ltd. Binance operates a popular cryptocurrency exchange that ranks as the world’s largest by trading volume. In 2019, the company launched a blockchain …
Microsoft open-sources AI algorithms for optimizing farm operations
Microsoft Corp. today open-sourced FarmVibes.AI, a collection of artificial intelligence models that farm operators can use to perform tasks such as planting crops more efficiently. FarmVibes.AI is one of several technologies that Microsoft has developed as part of an initiative dubbed Project …
Altana raises $100M for its AI-powered supply chain platform
Supply chain startup Altana Technologies Inc. today announced that it has raised a $100 million funding round led by Activate Capital. The Series B round also included contributions from more than a half-dozen other investors. The group included Prologis Ventures, Reefknot Investments, …
Managed cybersecurity startup Arctic Wolf raises $401M in fresh financing
Arctic Wolf Networks Inc., a major provider of managed cybersecurity services, today announced that it has raised $401 million from investors through a convertible notes offering. A convertible note is a type of loan popular among startups. Usually, such loans are structured …
DeepMind details new AI system for developing algorithms
Alphabet Inc.’s DeepMind unit today detailed AlphaTensor, an artificial intelligence system capable of discovering new algorithms that can be used to solve mathematical problems. DeepMind researchers have used AlphaTensor to develop a new way of performing matrix multiplications. A matrix multiplication is …
Amazon to invest $150M in funds that back underrepresented entrepreneurs
Amazon.com Inc. will invest $150 million in venture capital firms, accelerators, incubators and venture studios that provide funding to entrepreneurs from underrepresented backgrounds. The investment will be made as part of an initiative called Amazon Catalytic Capital that Amazon announced today. Over …
Cybersecurity provider NetSPI nabs $410M investment from KKR
Cybersecurity services and software provider NetSPI LLC today announced that it has received $410 million in growth funding from private equity firm KKR. NetSPI will use the capital to grow its workforce, develop new technologies and expand its international business operations. The …
Apollo GraphQL debuts cloud-based ‘supergraph’ platform
Data management startup Apollo GraphQL today debuted GraphOS, a new “supergraph” platform designed to make it easier for developers to work with data. San Diego-based Apollo, officially Apollo Graph Inc., is backed by more than $183 million in funding. The startup commercializes …
Securiti raises $75M and launches new data management platform
Startup Securiti Inc. today announced that it has closed a $75 million funding round led by Owl Rock Capital with participation from Mayfield and General Catalyst. In conjunction with the Series C funding, Securiti debuted its newest product, the DataControls Cloud. According …
Elon Musk reportedly offers to proceed with $44B Twitter acquisition and stock jumps
Elon Musk has reportedly offered to proceed with his pending acquisition of Twitter Inc., which the Tesla Inc. chief executive previously sought to scrap. Bloomberg reported the development today, citing multiple sources familiar with the matter. According to the sources, Musk offered …