Maria Deutscher
Latest from Maria Deutscher
Palo Alto Networks intros AI-infused network appliances based on CloudGenix tech
Palo Alto Networks Inc. today introduced two new networking appliances for corporate offices and edge locations, along with artificial intelligence technology that it says can automatically fix technical issues. Publicly traded Palo Alto Networks is best known as a provider of cybersecurity products. Last year, the company jumped into the network management business by acquiring ...
Qualcomm targets the enterprise with 16-core Cloud AI 100 inference chip
Qualcomm Inc. today shared technical details about the Cloud AI 100, an artificial intelligence chip with which it hopes to seize upon the growing enterprise demand for machine learning hardware. Qualcomm’s entry into the AI chip segment could put more pressure on market leader Nvidia Corp. in a time when it also faces rising competition ...
Apple reveals speedy iPad Air with 11.8B-transistor chip and refreshed smartwatches
Today at its much-anticipated “Time Flies” virtual event, Apple Inc. introduced a speedy new iPad Air model with a five-nanometer chip packing 11.8 billion transistors and announced a major hardware refresh of its smartwatch line. Notably absent from the event were Apple’s next-generation iPhones. Recent reports suggest that the devices will be formally introduced a ...
AWS details how tech firms use its cloud to aid COVID-19 response
Companies in multiple markets are using Amazon Web Services Inc.’s platform to build products that can aid the global response to COVID-19, and the cloud giant today shared details about some of its customers’ efforts. Brain Corp. is a San Diego robotics startup backed by more than $150 million in funding. The startup, which runs internal workloads ...
Devo raises $60M as IBM Security co-founder named CEO
Cybersecurity startup Devo Inc. today said that it has raised $60 million in fresh funding to accelerate its growth plans and also appointed a new chief executive to lead the effort. The funding was provided by noted venture capital firms Georgian Partners, Bessemer Venture Partners and Insight Partners. The new CEO is IBM Corp. veteran Marc ...
Snowflake potentially headed to $30B+ IPO after raising price target by 30%
Cloud data warehouse startup Snowflake Inc. today boosted the target price range for its upcoming initial public offering by about 30%, saying in an updated S-1 filing that it hopes to sell its shares for $100 to $110 apiece. That’s up from a target of between $75 and $85 before. According to CNBC, which first ...
Google sets 2030 target for carbon-free operations in AI-supported green push
Google LLC today said it plans to switch its entire operations, data centers and all, to renewable energy by 2030 in a broad new initiative to reduce greenhouse emissions. The company will also work with other organizations to help them adopt more sustainable operating models. Google will give companies access to the artificial intelligence power-saving ...
Spreadsheet startup Airtable raises $185M as it expands automation focus
Airtable Inc., the startup behind the hit cloud-based spreadsheet tool of the same name, today announced that it has nabbed a $185 million funding round at a nearly $2.6 billion valuation. With today’s round, Airtable has raised $350 million to date. Thrive Capital was the lead investor and a half-dozen institutional backers, including familiar names ...
Facebook files legal challenge after inquiry from Irish privacy watchdog
Facebook Inc. today filed a legal challenge in Ireland over recent regulatory steps taken by the country’s privacy watchdog, which is scrutinizing how the social network processes its users’ personal data. The matter concerns a July ruling by the European Union’s top court that struck down a legal framework known as the EU-US Privacy Shield. ...
Apple eases App Store rules after criticism from Microsoft and Facebook
Apple Inc. today eased its App Store rules to allow more types of apps and in-app features onto iOS, following criticism from other tech giants over its policies. The way Apple manages the App Store is also the subject of a high-profile lawsuit, as well an antitrust probe in the European Union. Today’s rule changes ...