Maria Deutscher
Latest from Maria Deutscher
Healthcare process automation startup Olive closes $400M round at $4B valuation
Startup Olive AI Inc. has secured $400 million in funding at a $4 billion valuation to broaden the adoption of its robotic process automation platform, which helps healthcare providers automate repetitive manual tasks to free up resources for other activities. Olive announced the funding round today. The investment was led by Vista Equity Partners with ...
Articulate raises $1.5B in funding for its cloud-based employee training tools
Articulate Global LLC, the provider of cloud-based employee training software used by all the companies on the Fortune 100 list, today disclosed that it has landed a $1.5 billion round of funding. Growth equity firm General Atlantic led the Series A round. The investment is notable not only for the hefty 10-figure price tag but ...
Amazon asks for recusal of FTC Chair Lina Khan from investigations of its business
Amazon.com Inc. has petitioned the U.S. Federal Trade Commission to have Lina Khan, the agency’s chair, recused from participating in antitrust investigations that focus on the company. The 25-page petition became public today. In the document, Amazon is calling for Khan (pictured) to be recused from “any antitrust investigation, adjudication, litigation, or other proceeding in ...
Microsoft nabs major cloud deal to host AT&T’s 5G core
Microsoft Corp. today announced it has inked a cloud contract to host key parts of AT&T Inc.’s wireless network, which provides internet services for more than 180 million subscribers. The companies didn’t disclose any financial terms, but the value of the deal is likely substantial. That can be inferred not only from the scale of AT&T’s ...
AI-powered automatic IT support startup Moveworks raises $200M at $2.1B valuation
Moveworks Inc., a startup using artificial intelligence to help enterprises automate information technology support tasks, is worth $2.1 billion following a new $200 million funding round it announced this morning. Mountain View, California-based Moveworks said that the round was jointly led by Tiger Global and Alkeon Capital. Bain Capital, ICONIQ Growth, Kleiner Perkins and a ...
GitHub’s new Copilot programming assistant uses AI to generate code
Microsoft Corp.’s GitHub unit today debuted a tool called Copilot that uses an artificial intelligence model based on OpenAI’s powerful GPT-3 algorithm to write software code automatically. Developers write code in specialized editors called integrated development environments that provide many time-saving features. They correct syntax errors, such as misplaced semicolons, and with the help of ...
Former top Google executives take on Google Search with new startup Neeva
Neeva Inc., a new startup led by the former head of Google LLC’s multibillion-dollar ad business, launched a subscription-based search engine today that aims to compete with Google Search. The startup is backed by more than $77 million in funding from investors that include Sequoia and Greylock. Neeva provides a search engine that resembles Google ...
JFrog inks $300M deal for code security startup Vdoo
JFrog Ltd., a publicly traded maker of developer tools, has inked a $300 million deal to acquire a startup called Vdoo Connected Trust Ltd. that helps companies secure their applications’ code. JFrog said in its announcement of the acquisition this morning that it will finance the deal with a mix of cash and stock. A ...
Google and Ericsson team up to help enterprises apply 5G in their operations
Google LLC today announced it has inked a partnership with Ericsson to develop new joint offerings that will help enterprises harness ultrafast 5G network connections in their technology projects. Telecommunications providers worldwide are upgrading their networks to the 5G standard, which promises to enable connections up to 100 times faster than before. Those speedy connections ...
Qualcomm debuts new flagship mobile processor and 5G chips for carriers
Qualcomm Inc. introduced three new chip products today at MWC Barcelona, commonly known as Mobile World Congress, that included its most powerful processor to date for Android devices and two computing modules designed to power carriers’ 5G networks. Qualcomm is a leading supplier of chips for handsets. Over the last few years, the company has ...