Maria Deutscher
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SentinelOne files for IPO after landing $3B valuation in most recent funding round
Cybersecurity unicorn SentinelOne Inc. is moving to list its shares seven months after raising $267 million in funding from investors at a private valuation of $3 billion. The filing for the company’s upcoming initial public offering, which became public on Thursday, reveals that its revenues have more than doubled in its most recent quarter ended ...
Facebook open-sources Flores-101 dataset to enable more accurate AI translations
Facebook Inc. today open-sourced a dataset called Flores-101 for use in the development of artificial intelligence models that translate text between different languages. Building an AI model involves training a neural network on a large amount of information until it learns to identify useful patterns. Afterwards, developers check whether the AI generates sufficiently accurate results ...
Realtime Robotics raises $31.4M to develop chips for industrial robots
Realtime Robotics Inc., a Boston-based startup with chip technology that enables industrial robots to operate more safely and efficiently, has raised $31.4 million in fresh funding to support growth initiatives. The startup announced the Series A round today. The capital, Realtime Robotics says, was provided by a group of more than a half-dozen backers that ...
Snowflake, Dell and Salesforce back $110M round for data catalog unicorn Alation
Data management unicorn Alation Inc. has raised a $110 million funding round, announced this morning, from a group of high-profile investors led by Riverwood Capital. Riverwood Capital was joined in the Series D round by the startup investment arms of cloud-based data warehouse maker Snowflake Inc., Dell Technologies Inc., and Salesforce.com Inc., which is also ...
Stack Overflow to be acquired by tech investment group Prosus for $1.8B
Tech investment firm Prosus NV today said it will pay $1.8 billion to acquire Stack Overflow, a hugely popular website for developers that boasts more than 100 million users. Stack Overflow is operated by Stack Exchange Inc., a venture-backed startup that has raised more than $150 million from investors including Andreessen Horowitz and Index Ventures. The ...
Celonis lands mammoth $1B funding round for its process mining technology
Celonis GmbH, a New York- and Germany-based startup that helps large enterprises find ways of making their operations more efficient, has closed a mammoth $1 billion funding round at an $11 billion valuation. The round was jointly led by Durable Capital Partners and T. Rowe Price Associates, the startup said in its funding announcement today. ...
Google previews Cloud TPU virtual machines for AI and scientific workloads
Google LLC today introduced a new infrastructure option for its cloud platform that will enable enterprises to provision instances with Tensor Processing Units, the search giant’s internally developed artificial intelligence chips. Cloud TPU VMs, as the new instances are called, are available in preview. Early adopters are using them for tasks ranging from AI-powered healthcare ...
Cybersecurity unicorn Exabeam reaches $2.4B valuation after latest $200M round
Exabeam Inc.’s investors have provided it with an additional $200 million to help it win more market share in the cybersecurity market, where the startup competes with a pair of software platforms for detecting and responding to breaches. The round, which was announced today, values Exabeam at $2.4 billion. The startup announced in conjunction that ...
It’s official: Cloudera is going private in $5.3B acquisition
Private equity firms KKR and CD&R are taking big-data pioneer Cloudera Inc. private in a deal valued at $5.3 billion including assumed debt, the company announced today. The acquisition “will allow us to concentrate our efforts on strategic business opportunities and take thoughtful risks that help accelerate growth,” Cloudera president Mick Hollison wrote this morning. ...
Intel expands laptop chip lineup with new processors and 5G module
Intel Corp. expanded its lineup of laptop chips over the weekend by introducing two new central processing units and a 5G module for high-speed wireless connectivity. The company debuted the new products at the virtual Computex chip industry event Sunday evening. The new CPUs are both designed to power thin and light laptops. Intel’s computer ...