Maria Deutscher
Latest from Maria Deutscher
Prominent venture capital firm Andreessen Horowitz, an investor in tech firms such as Stripe Inc. and Databricks Inc., today said it has raised $9 billion for three new funds. The largest of the new investment vehicles, dubbed the Growth fund, is launching …
Chip demand and foldable devices boost Samsung’s fourth-quarter earnings
Samsung Electronics Co. Ltd. estimates that its revenue reached a record 76 trillion won, or about $63.1 billion, in the fourth quarter ended Dec. 31. The South Korean electronics giant released its revenue estimate early today as part of its fourth-quarter earnings …
GM will use Qualcomm chips in upcoming Ultra Cruise driver assistance system
General Motors Co. has joined with Qualcomm Inc. to develop a driver assistance system that will enable vehicles to operate autonomously 95% of the time, the companies announced today. The driver assistance system is known as the Ultra Cruise. GM plans to …
Report: IBM seeking to sell Watson Health unit for $1B+
IBM Corp. has launched a new effort to sell its Watson Health division, Axios reported on Wednesday, and the company is said to be hoping the unit will fetch more than $1 billion. Word that IBM plans to sell Watson Health first emerged …
Data analytics giant Qlik confidentially files for initial public offering
Qlik, one of the industry’s top makers of business intelligence software, today said that it has filed confidentially for an initial public offering. The move puts Qlik, officially QlikTech International AB, on a path to return to public markets about five years …
Robot fleet management startup Formant nabs $18M investment
Robotics software startup Formant Inc. today announced that it has closed an $18 million funding round led by SignalFire to accelerate go-to-market and product development initiatives. Network equipment maker Ericsson participated in the round as well, along with about a half-dozen other …
Zero-trust security startup Xage raises $30M funding round
Xage Security Inc., a startup helping companies such as utilities and logistics firms improve the cybersecurity of their infrastructure, has closed a $30 million funding round. Announced today, the funding round was led by Piva with participation from more than a half-dozen …
Amazon announces broad cloud and AI collaboration with auto giant Stellantis
Amazon.com Inc. today detailed a broad collaboration with Stellantis NV, one of the world’s top automakers, that will encompass smart vehicles, a cloud-based data mesh and other ambitious technology initiatives. Stellantis was formed in 2021 from the merger of Chrysler Automobiles and PSA …
AMD, Intel and Nvidia show off their newest consumer chips at CES 2022
Advanced Micro Devices Inc., Intel Corp. and Nvidia Corp. all updated their respective product portfolios at CES 2022 today by introducing new chips for the consumer market. Intel’s Mobileye self-driving vehicle division also debuted its latest silicon. Mobileye detailed an upcoming chip …
Human raises $100M in funding for its bot mitigation technology
Human Security Inc., a startup that helps enterprises mitigate malicious bot traffic, has closed a $100 million funding round led by WestCap. Human announced the investment this morning. The startup said the venture capital firm NightDragon and a number of existing backers …