Maria Deutscher
Latest from Maria Deutscher
OTA Insight raises $80M to provide business intelligence tools for hotel operators
OTA Insight Inc., a startup with a suite of business intelligence services built specifically for the hospitality sector, today announced that it has closed a $80 million funding round led by growth equity firm Spectrum Equity. London-based OTA insight is also backed by Eight Roads, F-Prime Capital and Highgate Technology Ventures. The startup has raised ...
Google partners with startup Cohere to run AI models on Cloud TPU chips
Google LLC’s cloud business will help Cohere Inc., an early-stage artificial intelligence startup, run natural language processing models in the cloud as part of a multiyear partnership announced today. The partnership has multiple elements. First, Cohere will use Google’s Cloud TPU chips, specialized AI processors that the search giant offers via its public cloud, to ...
Blockchain specialist ConsenSys secures $200M in funding at $3.2B valuation
ConsenSys Software Inc., which provides a cryptocurrency wallet and development tools for building blockchain applications, has raised a $200 million funding round to support growth initiatives. The round values ConsenSys at $3.2 billion, the company said in an announcement today. Among the more than half a dozen participants in the round was the venture capital ...
Upgraded MLPerf HPC benchmark helps measure supercomputers’ AI performance
The MLCommons industry group today detailed an upgraded version of MLPerf HPC, its benchmark suite for measuring how fast a supercomputer can train artificial intelligence models. The group, which is backed by some of the tech industry’s most prominent companies, also shared the results from its latest supercomputer performance contest. The contest was carried out ...
PLACE raises $100M at $1B valuation for its real-estate platform
PLACE Inc., a startup that provides software products and business services for real-estate brokerages, has raised $100 million in fresh funding at a $1 billion valuation. Bellingham, Washington-based PLACE announced the Series A funding round this morning. Goldman Sachs Asset Management led the investment with participation from 3L Capital. PLACE provides software that helps real-estate ...
ThoughtSpot raises $100M for its cloud-based data analytics platform
ThoughtSpot Inc. has closed a late-stage $100 million investment at a $4.2 billion valuation, more than double what the analytics startup was worth after its previous funding round two years ago. ThoughtSpot announced the Series F investment on Monday. The startup said March Capital led the round with participation from Snowflake Inc.’s venture capital arm, ...
Qualcomm aims to challenge Apple’s Mac processors with upcoming system-on-chip
Qualcomm Inc. plans to develop a system-on-chip for Windows computers that will be capable of matching the performance offered by Apple Inc.’s Mac processors. The company detailed the initiative during its 2021 Investor Day event today, The Verge reported. Qualcomm Chief Technology Officer James Thompson said during the event that Qualcomm intends to introduce the ...
Palo Alto Networks doubles down on cloud security with latest product updates
Palo Alto Networks Inc. is refreshing its cybersecurity product portfolio with an array of new capabilities for protecting enterprise public cloud environments from hacking attempts. The company detailed the enhancements at its Ignite 2021 event today. Publicly traded Palo Alto Networks is one of the industry’s largest makers of enterprise cybersecurity software. The company boasts ...
AWS becomes Qualtrics’ preferred cloud provider
Business software maker Qualtrics International Inc., whose technology is used by many of the world’s largest enterprises to measure employee and customer sentiment, today named Amazon Web Services Inc. its preferred cloud provider. Qualtrics went public earlier this year in a listing that raised more than $1.5 billion. The company, led by Chief Executive Officer Zig ...
Splunk announces departure of CEO Doug Merritt, stock falls
Splunk Inc. today announced that Chief Executive Officer Doug Merritt has stepped down after leading the publicly traded data analytics giant for six years. Graham Smith, the chair of Splunk’s board, has been appointed interim CEO. Merritt (pictured) will stay on in an “advisory role” as the company begins searching for a permanent CEO. Shares ...