Maria Deutscher
Latest from Maria Deutscher
AWS adds intelligent data movement features
Amazon Web Services Inc. today rolled out a raft of enhancements to its data storage services aimed at reducing cloud costs for enterprises and easing administrators’ work. The updates are headlined by a new version of S3 Intelligent-Tiering. S3 is AWS’ object storage service. It provides access to multiple types of storage infrastructure, called classes ...
Nuro raises $500M more for self-driving delivery vehicles
Nuro Inc., one of the better-funded startups in the autonomous driving market, today disclosed that it has added $500 million to its war chest through a new funding round led by T. Rowe Price Associates. Fidelity Management & Research, Baillie Gifford and existing investors contributed as well to the Series C round. Nuro has raised ...
Web inventor Tim Berners-Lee’s startup launches data privacy platform
Inrupt Inc., a startup co-founded by worldwide web inventor Tim Berners-Lee, today launched a software platform that enterprises can use to build more privacy-friendly applications. Inrupt was established in 2018 by Berners-Lee together with John Bruce, who had previously led a cybersecurity company called Resilient Systems that was acquired by IBM Corp in 2016. Bruce ...
Autonomous driving startup Pony.ai picks up $267M at $5.3B+ valuation
Pony.ai, a Chinese startup developing autonomous driving technology for cars and trucks, said late Thursday that it has secured $267 million in additional funding. The investment comes less than a year after the startup raised a hefty $462 million round led by Toyota Motor Corp. at a $3 billion valuation. The latest funding announced this ...
IBM targets 5G revenue opportunities with new carrier platform
IBM Corp. is sharpening its focus on the telecommunications sector with the introduction of IBM Cloud for Telecommunications, a new platform designed to ease carriers’ shift to 5G. IBM Cloud for Telecommunications was announced on Thursday. Wireless carriers are spending billions of dollars to upgrade their networks to the high-speed 5G standard, which promises far faster ...
AI startup Ushur bags $25M to automate customer interactions
Santa Clara, California-based Ushur Inc. has secured $25 million in fresh funding to help enterprises automate how they manage support requests and other customer interactions. The investment, announced today, was led by Third Point Ventures with participation from 8VC. Ushur provides a cloud service that enables enterprises to build artificial intelligence-powered chatbots to answer customer ...
Justice Department sues Visa over $5.3B Plaid acquisition
The U.S. Justice Department is suing Visa Inc. in a bid to block its proposed $5.3 billion acquisition of Plaid Inc., a startup that Visa executives allegedly saw as having the potential to threaten one of its core businesses. The Wall Street Journal reported on the lawsuit this morning. Visa’s namesake payments network is used ...
Ayar Labs raises $35M for light-based chip communications
Startup Ayar Labs Inc. today said that it has raised $35 million for its optical interconnect technology, which enables chips inside supercomputers and other systems to communicate with each other using light. The technology is based on a decade-long research collaboration between MIT, the University of California at Berkeley and Colorado University at Boulder that was funded by ...
AMD chips power new ‘big memory’ computing cluster at Lawrence Livermore
The Lawrence Livermore National Laboratory has deployed a new “big memory” high-performance computing cluster dubbed Mammoth that uses chips from Advanced Micro Devices Inc. to help scientists perform COVID-19 research. Mammoth, detailed today, consists of 64 servers each equipped with two AMD Epyc central processing units. The system has a total of 8,192 processors cores ...
Google Cloud debuts new Document AI Platform
The latest addition to Google LLC’s public cloud is the Document AI Platform, which enables enterprises to extract information contained in digital and printed documents automatically using machine learning. The new platform was announced today and is currently in preview. At traditional enterprises, a lot of important information is contained in paperwork such as invoices. That ...