Maria Deutscher
Latest from Maria Deutscher
Hailo reels in $136M for its ultrafast edge AI chip
Artificial intelligence chip startup Hailo Technologies Ltd. today announced that it has closed a $136 million funding round to expand go-to-market operations and improve its technology. The round was led by Poalim Equity and Gil Agmon. Tel Aviv-based Halio has raised a total of $224 million to date. Hailo’s AI chip, Hailo-8, can be installed ...
Microsoft’s AI-powered Translator service now supports 100+ languages and dialects
Microsoft Corp. today added support for 12 languages and dialects to the Translator service in its Azure public cloud, which uses artificial intelligence to translate text automatically. The languages and dialects that Microsoft has added are Bashkir, Dhivehi, Georgian, Kyrgyz, Macedonian, Mongolian (Cyrillic), Mongolian (Traditional), Tatar, Tibetan, Turkmen, Uyghur and Uzbek (Latin). The update represents ...
Oracle to add 14 new cloud regions by end of 2022
Oracle Corp. today announced plans to expand its public cloud platform by building 14 additional cloud regions around the world over the next year. A cloud region is a set of data center infrastructure resources that Oracle makes available to customers on an as-a-service basis. Each cloud region is made up of three fault domains, ...
Reaching $6B valuation in 18 months, cloud security startup Wiz raises $250M
Cybersecurity startup Wiz Inc. today announced that it has achieved a $6 billion valuation, a mere 18 months after launching, thanks to a new $250 million funding round led by Greenoaks Capital and Insight Partners. The round comes six months after Wiz’s previous raise. The Israeli startup secured $350 million in funding at a $1.7 ...
Productivity startup Notion valued at $10B in latest $275M funding round
Notion Labs Inc. today disclosed that its valuation has jumped to $10 billion from $2 billion last April thanks to a new $275 million funding round led by Sequoia Capital and Coatue. The significant increase in the startup’s valuation is a reflection of its rapid business growth. San Francisco-based Notion, which operates a popular cloud-based ...
Samsung expects third-quarter operating profit to set three-year record
Samsung Electronics Co. Ltd. today posted its preliminary earnings report for the third quarter, disclosing that operating profit jumped an estimated 28% year-over-year in the three months ended in September. The South Korean electronics giant believes that it generated an operating profit of about 15.8 trillion won or approximately $13.26 billion. The figure represents a ...
DOD completes key step in JWCC multicloud procurement program
The U.S. Defense Department has completed the market research phase of its Joint Warfighting Cloud Capability, or JWCC, program, which aims to modernize the Pentagon’s information technology infrastructure. The development was reported on Thursday by Federal News Network. Danielle Metz, the DOD’s deputy chief information officer for the information enterprise, disclosed during an event earlier ...
Report: Apple developing iPhone-based platform for managing in-vehicle systems
Apple Inc. is developing a software platform that will enable users to adjust the settings of their cars’ in-vehicle systems via an iPhone, Bloomberg reported this morning. The platform is said to have been code-named “IronHeart” by the company’s engineers. IronHeart will complement Apple’s existing Car Play technology, which enables users to project apps from ...
Chronosphere raises $200M to continue growing its cloud-native observability platform
Chronosphere Inc., a startup helping enterprises analyze machine-generated data from their technology infrastructure, has closed $200 million in funding at a valuation exceeding $1 billion. Announced this morning, the round was led by prominent tech investor General Atlantic. Addition, Greylock, Lux Capital and Founders Fund contributed as well. Chronosphere’s new unicorn status is particularly notable ...
Full-stack network observability startup Kentik nabs $40M funding round
Startup Kentik Inc. today announced that it has closed a $40 million Series C funding round led by Third Point Ventures to hire more engineers and speed up go-to-market initiatives. San Francisco-based Kentik provides software that helps information technology teams monitor their networks for issues. The startup enables administrators to detect cases when connections are ...