Maria Deutscher
Latest from Maria Deutscher
Scale AI raises $325M as former top Amazon exec joins in adviser role
Five-year-old startup Scale AI Inc. is worth $7.3 billion after a new $325 million funding round, announced Tuesday, that was jointly led by Dragoneer, Greenoaks Capital and Tiger Global. The startup revealed on the occasion that Jeff Wilke, the former head of Amazon.com Inc.’s worldwide consumer business, is joining as an adviser to Chief Executive ...
Report: Apple to drop iPhone mini from 2022 device lineup after limited sales
Apple Inc.’s 2022 iPhone lineup won’t include an updated version of the iPhone mini, according to a new report, a development that appears to confirm recent estimates about the device failing to meet sales expectations. Apple’s plans were reported today by MacRumors, which attributed the information to an investor note from reliable Apple analyst Ming-Chi ...
Apple to host ‘Spring Loaded’ virtual event April 20 amid reports of new iPads
Apple Inc. today announced plans to hold an April 20 virtual event titled “Spring Loaded that reportedly could see the company introduce new additions to the iPad line. Apple’s bestselling tablet series is expected to receive one of its biggest updates in recent memory this year. In the works, according to recent reports, is a ...
Grab to go public at nearly $40B valuation via record-breaking SPAC merger
Grab Holdings Inc., the operator of the most popular ride-hailing app in Southeast Asia, today announced plans to list on the Nasdaq stock exchange via a special-purpose acquisition company merger. The transaction is expected to give Singapore-based Grab an initial pro-forma equity value of $39.6 billion, which will reportedly make the deal the biggest SPAC merger ...
UiPath sets price target for upcoming IPO with eye to $25.8B valuation
Robotic process automation provider UiPath Inc. has shared the target price range for its upcoming initial public offering, revealing that it’s seeking a valuation of nearly $26 billion. In a Monday update to the previously released prospectus for the IPO, the company disclosed plans to sell shares at $43 to $50 apiece. UiPath intends to ...
1Password moves into infrastructure security with Secrets Automation service
Well-funded cybersecurity provider 1Password today introduced a new service that enterprises can use to protect infrastructure secrets such as encryption keys. The company also revealed that it has acquired Netherlands-based SecretHub to help it develop more features for the new service, which it’s launching under the name Secrets Automation. Toronto-based 1Password, incorporated as AgileBits Inc., ...
Report: Apple developing Siri-enabled Apple TV and robotic smart speaker
Apple Inc. is developing two new smart home devices with feature combinations that currently aren’t matched by any of its major competitors, according to a Bloomberg report published today. The first device is a new version of the company’s Apple TV set-top box. The other is described as a smart display along the lines of ...
With Morpheus, Nvidia harnesses DPUs to find threats in data centers
Nvidia Corp. today introduced Morpheus, a software framework that will allow enterprises to detect breaches more effectively by allowing them to scan a bigger portion of their internal network traffic for threats. The framework uses a combination of artificial intelligence and data processing unit chips to provide the increased visibility. It debuted today at Nvidia’s GPU Technology ...
Doubling down on AI, Microsoft to acquire Nuance for $19.7B
Microsoft Corp. will pay $19.7 billion to acquire Nuance Communications Inc., a company that uses artificial intelligence to help physicians create medical notes faster. The hefty price tag of the transaction, which Microsoft announced today, indicates the massive market presence Nuance maintains in the healthcare sector. The company’s AI software is deployed at more than three ...
Google confirms Pixel 5A 5G after report of device’s cancellation
Google LLC today confirmed its reported plans to introduce a new smartphone under the Pixel 5A 5G name, after a report suggested that the search giant has scrapped the device’s launch because of the global chip shortage. However, it appears that the chip shortage may still have an impact on the company’s launch plans. According ...