Maria Deutscher
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Amazon opens its first full-sized grocery store with cashierless checkout technology
Amazon.com Inc. this week will open the first full-size Amazon Fresh grocery store equipped with its “Just Walk Out” technology, which uses sensors and machine learning to let consumers shop without waiting in a checkout line. The online retail giant said today that the store is scheduled to open to shoppers on Thursday. Located in Bellevue, ...
Iterable raises $200M at $2B valuation for its AI-powered marketing platform
Iterable Inc., a startup that uses artificial intelligence to improve the effectiveness of enterprises’ marketing campaigns, has raised a $200 million funding round at a $2 billion valuation from a group of prominent investors. Silver Lake, Adams Street Partners, Glynn Capital and DTCP participated in the funding round, which Iterable announced this morning. They were ...
Google Cloud lands deal to host Johnson Controls’ resource planning platform
Google LLC’s cloud business has inked a deal with Johnson Controls International plc to host the enterprise resource planning software that powers the $22 billion hardware firm’s business operations. The deal, announced this morning, expands upon an existing partnership between the companies. It follows several other cloud deals announced by Google in recent months that ...
‘Like having a hypervisor in hardware’: Intel reveals IPU chips for cloud data centers
Intel Corp. today detailed its work on a new type of chip, the infrastructure processing unit, that’s aimed at boosting the efficiency of cloud providers’ data centers by offloading computing tasks from their servers’ primary central processing units. The company says multiple cloud providers have already deployed the technology. Running an application requires a server ...
Immersive Labs nabs $75M to boost cybersecurity teams’ threat response skills
Immersive Labs Inc., a startup with a platform for training cybersecurity teams to fend off cyberattacks, has raised a $75 million funding round led by Insight Partners after doubling revenues over the last year. Menlo Ventures contributed as well, along with Citi Ventures and Goldman Sachs Asset Management. Immersive Labs didn’t disclose a valuation in ...
Continuing acquisition spree, Accenture buys umlaut to boost industrial IoT business
Accenture PLC today announced that it’s acquiring umlaut SE, an engineering and technology firm active in areas such as the auto sector, to expand its industrial “internet of things” business. The financial terms of the deal were not disclosed. On its website, Germany-based umlaut says it has more than 4,000 employees and annual revenue exceeding ...
AI unicorn Dataiku takes its machine learning platform to the cloud
Dataiku Inc. today introduced a managed cloud edition of its artificial intelligence development platform that promises to reduce the amount of work involved in building custom machine learning models. New York-based Dataiku is backed by nearly $250 million in funding from investors including Alphabet Inc.’s CapitalG venture capital arm. It achieved unicorn status in 2019 ...
Lawmakers introduce five antitrust bills to regulate tech giants
A bipartisan group of House lawmakers today debuted five bills aimed at reducing anticompetitive behavior by the tech industry’s biggest players across multiple areas, including e-commerce, mergers and acquisitions, and data interoperability. The introduction of the proposals follows a landmark antitrust investigation into the tech industry by the House Judiciary subcommittee on antitrust. The panel ...
Nvidia acquires DeepMap as it builds out its end-to-end autonomous driving stack
Nvidia Corp. has inked a deal to acquire DeepMap Inc., a well-funded startup with mapping technology that helps autonomous vehicles navigate the road more reliably. Though the terms of the deal were not disclosed in the Thursday announcement, it’s safe to assume Nvidia is paying a fairly substantial sum for the startup. DeepMap has raised ...
Report reveals Trump Justice Department subpoenaed Apple for metadata of lawmakers
The U.S. Justice Department subpoenaed Apple Inc. to turn over metadata about at least two Democrats on the House Intelligence Committee, the New York Times has revealed. The record seizures took place under the Trump administration in 2017 and early 2018, the Times reported on Thursday. Prosecutors working under then-Attorney General Jeff Sessions sought the ...