Maria Deutscher
Latest from Maria Deutscher
AWS becomes preferred cloud for e-commerce giants Mercado Libre and Zalando
Amazon Web Services Inc. today divulged that Mercado Libre Inc. and Zalando SE, two major players in the global e-commerce market with millions of users each, have selected it as their preferred cloud provider. Mercado Libre is the largest online retail and payments provider in Latin America. It’s also the region’s overall largest company by ...
Uber, Lyft win U.S. government transport deal worth up to $810M
The U.S. General Services Administration today issued Uber Technologies Inc. and Lyft Inc. a multimillion-dollar deal to provide transportation services for government workers. The contract was reported today by Reuters. It’s said to be worth up to $810 million over five years, but there’s no further detail on how the sum will be split between Uber ...
Self-driving truck startup Gatik closes $25M in fresh funding
Self-driving truck startup Gatik AI Inc. today said that it has closed a $25 million funding round to streamline the so-called “middle mile” of enterprise supply chains. The Series A round was co-led by Wittington Ventures and Innovation Endeavors, the venture capital firm co-founded by former Google Chief Executive Officer Eric Schmidt. A number of ...
Microsoft 365 specialist AvePoint to go public through $2B SPAC merger
AvePoint Inc., a maker of software products that help organizations manage their Microsoft 365 deployments, today announced plans to go public through a merger with a special purpose acquisition company. Microsoft 365 is a family of cloud services from Microsoft Corp. that includes Office 365 and other offerings. A special purpose acquisition company, or SPAC, ...
Rubrik supercharges database backups with Andes 5.3
Rubrik Inc. has introduced a new release of its cloud data protection platform that backs up databases up to 10 times faster than before in some cases, while providing better integrations with the major public clouds. Andes 5.3, announced Thursday afternoon, brings a set of broad under-the-hood performance optimizations. Rubrik says that the enhancements allow ...
Wish and Roblox release IPO filings, revealing rapid growth
Mobile e-commerce unicorn Wish, officially ContextLogic Inc., today revealed that it has more than 100 million monthly active users who helped it generate $1.7 billion in revenue during the first nine months of 2020. Wish shared the figures in a filing released today for its upcoming initial public offering. The filing was released shortly after Roblox Corp., ...
AWS’ AI tools help customers adjust to changes amid pandemic
Amazon Web Services Inc. today shared details about how a few of its customers have used Amazon Textract and other artificial intelligence offerings in its public cloud to respond to operational changes during the pandemic. Amazon Textract is a managed AI service in the AWS cloud that can extract text from documents. It’s a specialized ...
Quantum software startup Zapata Computing reels in $38M round
Zapata Computing Inc., a Harvard spinoff working to make it easier to write software for quantum computers, today disclosed that it has closed a $38 million funding round to support research and go-to-market activities. Comcast Ventures, Pitango and Prelude Ventures led the round. They were joined by more than a half-dozen others, including the venture capital ...
Facebook says upgraded AI models spot nearly 95% of hate speech it removes
Facebook Inc. removed 22.1 million pieces of hate speech content on its namesake social network in the third quarter, 94.7% of which was detected automatically by artificial intelligence models. The company shared the figures in the latest edition of its Community Standards Enforcement Report that was published today. On the occasion, it also detailed several ...
OpsRamp adds automation features to save time for IT teams
OpsRamp Inc. is rolling out a new release of its infrastructure monitoring platform that will reduce the number of person-hours required to find and fix technical issues. The update, OpsRamp Fall 2020 Release, was introduced this morning. OpsRamp Inc. is a venture-backed startup competing in a part of the enterprise software market known as AIOps. ...