Maria Deutscher
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Microsoft debuts Azure private MEC to enable 5G at the edge
Microsoft Corp. today debuted Azure private MEC, a suite of so-called multi-access edge computing hardware, software and cloud services that enterprises can use to set up private 5G networks at locations such as factories. There is a growing number of scenarios where companies prefer to process data at the location where it was generated instead ...
Alphabet’s Waymo raises massive $2.5B round to develop autonomous vehicles
Alphabet Inc.’s Waymo LLC unit today disclosed that it has raised $2.5 billion in funding from its parent company and a dozen outside investors to continue its efforts to deploy autonomous vehicles on public roads. The round brings the total amount of venture capital Waymo has received over the last two years to more than ...
In potential succession plan, Dell names Chuck Whitten as co-COO
Dell Technologies Inc. today announced that Chuck Whitten, a partner at venerable management consultancy Bain & Co., will join the company in the role of co-chief operating officer. Whitten (pictured) is taking up the co-COO role after serving as the managing partner of Bain’s Bain Southwest division. The executive will work alongside Dell’s existing COO, ...
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 ...