Maria Deutscher
Latest from Maria Deutscher
Report: Apple could launch self-driving electric car in 2025
Apple Inc. could bring its long-rumored electric car to market as soon as 2025 and with a “full self-driving system” onboard, Bloomberg reported today. The 2025 target launch date is said to represent an acceleration of Apple’s development roadmap. According to Bloomberg’s sources, some engineers at the company were as of earlier this year planning ...
OpenAI makes GPT-3 more broadly available to developers
OpenAI today broadened availability of its cloud-based OpenAI API service, which enables developers to build applications based on the research group’s sophisticated GPT-3 artificial intelligence model. Previously, developers had to sign up for a waitlist and availability was limited. OpenAI said that the move to make OpenAI API more widely accessible was made possible by ...
No-code workflow automation provider Formstack raises $425M
Workflow automation provider Formstack LLC has raised $425 million to grow its cloud platform, which is used by more than 25,000 companies to help their workers more efficiently manage documents and forms. The investment was announced this morning. Formstack says that growth equity firms Silversmith Capital Partners and PSG provided the funding. PSG previously invested ...
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 ...