Maria Deutscher
Latest from Maria Deutscher
Google fined $268M in France over ad platform practices
Google LLC said today that it has agreed to pay 220 million euros, or about $268 million, to settle an antitrust lawsuit in France over its business practices in the online advertising market. Google has also agreed to change a number of those business practices. The lawsuit Google is settling was brought by the French ...
Jeff Bezos will fly to space on a Blue Origin rocket
Jeff Bezos will fly to space on July 20 aboard a rocket built by his space flight company, Blue Origin Federation LLC. The Amazon.com Inc. founder, who announced the flight on Instagram, will be joined by his brother Mark Bezos and a third yet-undetermined passenger. Blue Origin is auctioning off the third seat aboard the ...
Facebook suspends Trump’s accounts for two years
Facebook Inc. said today that the accounts of former President Donald Trump will remain suspended until at least Jan. 7, 2023. The decision is a response to recommendations made by the company’s Oversight Board. Last month, the board upheld Facebook’s Jan. 7 decision to suspend Trump from Facebook and Instagram. In a statement accompanying the ...
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 ...