Maria Deutscher
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AWS launches its AWS Panorama computer vision appliance into general availability
Amazon Web Services Inc. today announced the general availability of AWS Panorama, an appliance that companies can deploy at locations such as factories to run computer vision software on-premises. Organizations are applying artificial intelligence to more and more parts of their operations in a bid to increase efficiency. In many cases, the AI models a ...
Qualcomm’s new radio frequency filter technology optimizes 5G connections
Qualcomm Inc. today debuted the latest addition to its networking portfolio: a module known as a radio frequency filter that can be installed in smartphones and other devices to optimize internet connections. The module, dubbed the ultraBAW, is part of what the company describes as its modem-to-antenna strategy. Qualcomm is a leading supplier of the ...
Report: Facebook will change its company name to reflect growing VR focus
Facebook Inc. will soon change its company name to reflect its growing focus on augmented and virtual reality, according to a new report. A source said to have direct knowledge of the matter disclosed the planned rebrand to The Verge late Tuesday. The new name is described as a “closely-guarded secret” known to a select ...
HashiCorp’s latest product updates simplify multicloud networking
HashiCorp Inc., a $5.1 billion startup that provides software for managing information technology infrastructure, today introduced new features designed to make operating multicloud environments easier. HashiCorp received its current $5.1 billion valuation after a $175 million funding round last March. The startup has grown into a unicorn by providing open-source software tools that automate many ...
NetApp advances public cloud strategy with new Spot Security service
NetApp Inc. today debuted Spot Security, a new cybersecurity service aimed at advancing the company’s effort to grow its public cloud business to $1 billion in annual recurring revenue over the next few years. Publicly traded NetApp is best known as a provider of storage systems for enterprise data centers. Like other data center suppliers, ...
Alibaba debuts new internally developed Arm server processor
Alibaba Group Holding Ltd. on late Monday debuted a custom server chip, the Yitian 710, that will be used in the data centers of the company’s cloud computing business. Alibaba is one of China’s largest tech firms. The company operates a range of popular e-commerce platforms and has a presence in other markets as well, ...
Google Cloud makes $50M investment in cybersecurity specialist Cybereason
Cybersecurity startup Cybereason Inc. has raised $50 million from Google LLC’s cloud business in an extension to a $275 million Series F funding round it first announced earlier this year. The new investment, detailed today, is notable because it’s fairly rare for Google’s cloud business to invest in startups directly. However, parent company Alphabet Inc. ...
Raising $200M, consumer cybersecurity startup Aura moves to accelerate growth
Aura today disclosed that it has closed a $200 million funding round at a $2.5 billion valuation to drive more market interest around its cybersecurity services suite, which is already generating more than $220 million in annual revenue. Most of the nine-figure funding rounds announced recently in the cybersecurity market were closed by startups focused ...
HPE’s Aruba unit debuts data center switch with programmable Pensando chip
Hewlett Packard Enterprise Co.’s Aruba networking business today debuted a new data center switch, the Aruba CX 10000, that uses a programmable chip from startup Pensando Systems Inc. to carry out tasks historically performed by specialized hardware appliances. Aruba touts the device as the “next evolution of switching architecture.” The HPE unit and Pensando say ...
Fintech startup N26 nabs $900M funding round for its digital banking app
N26 GmbH today announced that it has closed one of the biggest funding rounds raised by a financial technology startup in recent memory: a $900 million investment led by Third Point Ventures and Coatue. The round more than doubles the Berlin-based startup’s valuation to over $9 billion. N26 will use the capital to hire 1,000 ...