Maria Deutscher
Latest from Maria Deutscher
Rocket Companies Inc., a Fortune 500 financial services company, today said it’s acquiring fast-growing personal finance startup Truebill Inc. for $1.275 billion. NYSE-listed Rocket Companies has a presence in several different markets. The firm’s main focus is the financial services sector, with its …
Oracle to acquire healthcare technology giant Cerner for $28.3B
Confirming recent reports, Oracle Corp. today announced that it has entered an agreement to acquire healthcare technology provider Cerner Corp. for approximately $28.3 billion. Oracle’s $28.3 billion offer amounts to about $95 per share. Cerner’s stock is up nearly 1% in trading today, …
Continual raises $4M to help companies build continuously improving AI models
New startup Continual Inc. secured a $4 million seed funding round on Thursday to support the rollout of its cloud service, which allows companies to build artificial intelligence models that improve over time. In conjunction, the startup made the service available through a …
Hevo Data closes $30M round to provide data pipelines in the cloud
Hevo Data Inc., a startup helping companies transfer business data from internal systems to their analytics environments for processing, today announced that it has closed a $30 million funding round. Sequoia Capital India was the lead investor in the round. The investment …
Arm device virtualization startup Corellium raises $25M
Corellium Inc., whose cloud platform makes it possible to create virtual versions of devices based on Arm Ltd. processors, has raised $25 million in new funding. Announced on Thursday, the funding round was led by Paladin Capital Group. The venture capital arm …
Food delivery startup Gopuff reportedly raising $1.5B
Fast-growing food delivery startup Gopuff is raising a $1.5 billion investment only months after announcing its previous $1 billion funding round, Axios and Reuters reported today. The investment is described as a convertible note led by Guggenheim Partners. The notes could reportedly turn …
OctoML introduces ultra-efficient AI models in latest platform release
OctoML Inc. today introduced a new release of its artificial intelligence platform that includes a collection of highly efficient neural networks. The neural networks are optimized versions of popular open-source AI models that OctoML has fine-tuned. According to the startup, the optimized …
Gtmhub raises $120M to help companies manage business initiatives
Startup Gtmhub Inc., whose platform helps companies such as Adobe Inc. manage business initiatives, today announced it has closed a $120 million funding round led by Index Ventures. Gtmhub says that the round is the largest ever raised in the part of the …
IBM and Samsung detail ‘breakthrough’ vertical transistor architecture
IBM Corp. and Samsung Electronics Co. Ltd. on Tuesday detailed a new transistor architecture that they believe could provide twice the performance of current technology using the same amount of electricity. The architecture is known as VTFET, short for Vertical-Transport Nanosheet Field …
Rigetti debuts multichip quantum processor with 80 qubits
Rigetti & Co. Inc. has built what it says is the world’s first commercial quantum processor to feature a multichip design. The startup today detailed the processor, known as the Aspen-M. In tests carried out by Rigetti, the processor managed to run a …