Maria Deutscher
Latest from Maria Deutscher
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 ...
Uber and Lyft shares jump after California voters approve Proposition 22
Shares of Uber Technologies Inc. and Lyft Inc. rose sharply this morning after California voters passed Proposition 22, a ballot measure exempting the companies from having to classify drivers as employees. The Associated Press projected earlier today that the measure passed with 58% of the votes. Uber and Lyft classify drivers who operate on their services ...
Now profitable, Udacity raises $75M in debt to drive enterprise growth
Udacity Inc., the startup behind the popular online technology education platform of the same name, today said that it has closed a $75 million debt round underwritten by Hercules Capital. Udacity previously raised about $170 million in equity funding from investors that include Andreessen Horowitz. It received a $1 billion valuation after its previous financing round and, early last year, ...
Cato Networks ‘solves’ threat intelligence false alarms with new AI system
Cato Networks Ltd. today introduced a machine learning system that it says can ease cybersecurity teams’ work by eliminating so-called false positives, or cases when a breach alert is generated because of an event that later turns out to be harmless. Cato Networks is a heavily funded networking startup that offers a so-called SASE platform. ...
Alphabet’s X lab details Project Amber mental health project
Alphabet Inc.’s X unit today detailed Project Amber, an internal initiative launched three years ago to give mental health professionals access to better tools for measuring brain waves. The unit is now unwinding the initiative and has decided to open source the technologies developed as part of its research efforts. Those technologies include, among others, the design for a compact headset capable of measuring electrical activity in ...
Coupa acquires Llamasoft for $1.5B to expand its analytics capabilities
Coupa Software Inc., a major provider of financial software to enterprises, today said it’s buying analytics specialist Llamasoft Inc. for about $1.5 billion. Publicly traded Coupa sells a so-called business spend management platform that enterprises such as Salesforce.com Inc. rely on to organize and control their expenses. The company says more than $2 trillion in spending has ...
AWS heads to Switzerland with planned cloud expansion
Amazon Web Services Inc. today disclosed plans to build a cloud region, or data center cluster, in Switzerland to support the numerous local companies and public sector organizations that use its platform. The announcement adds more momentum to the Amazon.com Inc. unit’s infrastructure expansion efforts in Europe, which have accelerated over recent years. The Swiss ...
AWS open-sources toolkit for modeling the spread of COVID-19
Amazon Web Services Inc. today introduced an open-source toolkit that researchers can use to simulate how COVID-19 spreads in communities and estimate what results different kinds of government responses might produce. The toolkit includes a simulator that can make projections about how many COVID-19 cases will be reported in a region over a given time ...
Daimler teams up with lidar maker Luminar for self-driving trucks
Daimler AG’s truck business, the world’s biggest manufacturer of commercial vehicles, today said it’s teaming up with lidar maker Luminar Technologies Inc. to develop self-driving trucks. Under the partnership Daimler will take an undisclosed minority stake in Luminar. Lidar sensors are widely used in the perception systems that enable autonomous vehicles to see the environment. The ...
Google One gets a built-in virtual private network
Google LLC will roll out a virtual private network service for Google One users to help them browse the web more securely. Google One is a subscription bundle introduced in 2018 that gives customers access to additional storage space beyond the 15 gigabytes of free capacity available with every Google Account. It also packs other ...