Maria Deutscher
Latest from Maria Deutscher
Communications software maker Avaya Holdings Corp. has acquired CTIntegrations LLC to expand the capabilities of its OneCloud product suite, which stands at the center of the company’s plan to move to a cloud-centric business model. Avaya announced the deal today in conjunction …
Snorkel AI raises $85M at $1B valuation to create AI training datasets automatically
Stanford University spinoff Snorkel AI Inc. today announced that it has raised $85 million in funding to continue commercializing its namesake software tool, which is used by companies such as Apple Inc. and Google LLC to speed up their machine learning projects. …
Report: Google planning new San Jose campus with up to 3,500 workers
Google LLC is looking to build a new campus in San Jose, California dubbed “Midpoint” that will accommodate up to 3,500 staffers, according to a report in CNBC today. Citing planning documents, CNBC reported that the search giant is also planning a …
Software testing startup Statsig raises $10.4M round led by Sequoia
Statsig Inc., a new startup with a cloud service designed to help companies find ways of improving their software, on Thursday said that it has closed a $10.4 million funding round led by Sequoia Capital. The investment also saw the participation of …
Low-code automation provider Appian acquires process mining specialist Lana Labs
Appian Inc., a major provider of software for automating business tasks in the enterprise, has acquired Berlin-based process mining technology provider Lana Labs GmbH. Appian announced the deal on Thursday. The acquisition comes in a time when the process mining segment is …
Cloud giants join new government initiative to combat cyberattacks
The Cybersecurity and Infrastructure Security Agency is launching a new initiative through which it will work with private sector companies to combat hacking campaigns. The agency, which is part of the U.S. Department of Homeland Security, announced the initiative today. Over half …
Qualcomm offers $4.6B to buy vehicle software and sensor supplier Veoneer
Qualcomm Inc. today made a $4.6 billion offer to acquire Veoneer Inc., whose technology is used by automakers to build partly autonomous driving features into their smart cars. The offer is part of Qualcomm’s ongoing effort to expand beyond the smartphone chip …
AWS and Verizon launch their edge computing solution in three more cities
Amazon Web Services Inc. and Verizon Communications Inc. today announced that they have launched their solution for hosting applications at the edge of the network in three additional U.S. cities: Chicago, Houston and Phoenix. The offering is now available in 13 of …
Microsoft researchers reveal neural network with 135B parameters
Microsoft Corp. today announced that its researchers have developed a neural network with 135 billion parameters and deployed it in Bing to improve search results for users. At 135 billion parameters, the neural network is described as the largest “universal” artificial intelligence …
IDC predicts enterprise AI spending will surpass $341B in 2020
Companies worldwide will spend $341.8 billion on artificial intelligence software, hardware and related services in 2021, International Data Corp. projected in a new report published today. According to the research firm, the forecast indicates that AI spending is on track to increase …