Maria Deutscher
Latest from Maria Deutscher
AWS and Verizon launch their edge computing solution in three more cities
Amazon Web Services Inc. and Verizon Communications Inc. today announced that they have launched their solution for hosting applications at the edge of the network in three additional U.S. cities: Chicago, Houston and Phoenix. The offering is now available in 13 of the 20 largest metropolitan areas in the U.S. AWS offers edge application hosting ...
Microsoft researchers reveal neural network with 135B parameters
Microsoft Corp. today announced that its researchers have developed a neural network with 135 billion parameters and deployed it in Bing to improve search results for users. At 135 billion parameters, the neural network is described as the largest “universal” artificial intelligence that the company has running in production. It’s also one of the most ...
IDC predicts enterprise AI spending will surpass $341B in 2020
Companies worldwide will spend $341.8 billion on artificial intelligence software, hardware and related services in 2021, International Data Corp. projected in a new report published today. According to the research firm, the forecast indicates that AI spending is on track to increase by 15.2% compared with 2020. Growth is expected to remain robust in the ...
Google, Dell and Salesforce back $103M round for analytics startup FullStory
Website and app analytics startup FullStory Inc. today divulged that it has raised $103 million in new funding from a group of investors that included the venture capital arms of Dell Technologies Inc., Salesforce.com Inc. and Google LLC. The startup said that the round gives it a valuation of $1.8 billion. Atlanta-based FullStory provides a ...
WorkJam raises $35M to develop software tools for frontline workforces
WorkJam Inc. today announced that it has raised $35 million in funding from Silver Lake Waterman to grow the adoption of its namesake platform, which helps companies with frontline workers operate more efficiently. Frontline workers are professionals who spend most of their work day away from a desk. In recent years, there has emerged an ...
Sophos acquires Refactr to automate code security in the enterprise
Cybersecurity provider Sophos Group PLC has acquired Refactr Inc., a Seattle-based startup with a platform that helps enterprise software teams find and fix vulnerabilities in their code. The financial terms of the deal were not disclosed. The acquisition comes about two weeks after Sophos bought another startup, Braintrace Inc., whose software can scan the packets ...
Marvell inks $1.1B deal to acquire network chip startup Innovium
Chipmaker Marvell Technologies Inc. today announced that it has inked a $1.1 billion deal to buy Innovium Inc., a startup with a line of processors used by cloud providers to power their data center networking infrastructure. Publicly-traded Marvell is financing the acquisition entirely with shares of its common stock. The company expects that Innovium will ...
Fintech startup Rapyd raises $300M to make more acquisitions
Financial technology startup Rapyd Financial Network Ltd. today announced that it has raised $300 million in funding to expand business operations and make more acquisitions. Target Global led the round, which comes only about eight months after Rapyd closed its previous $300 million raise. About a dozen other institutional investors participated as well including BlackRock, ...
Ivanti acquires cybersecurity startup RiskSense
Ivanti Inc., a major provider of software for managing information technology infrastructure, today announced that it has acquired venture-backed startup RiskSense Inc. to expand its cybersecurity capabilities. The deal is the latest in a series of startup acquisitions announced by the company recently. Salt Lake City, Utah-based Ivanti counts most of the enterprises on the ...
Google previews new Pixel phones with AI-optimized Tensor chip
Google LLC today previewed its next two Pixel smartphones, which the search giant says will be powered by an internally-developed chip with an embedded machine learning module. The Pixel 6 and Pixel 6 Pro are set to become available for consumers in the fall. Google will only share the devices’ full specifications at launch, but the ...