Maria Deutscher
Latest from Maria Deutscher
IBM mixes more deep learning into its Cloud Paks
IBM Corp. today introduced new versions of its Cloud Pak for Data and Cloud Pak for Automation products that will enable enterprises to harness deep learning models in their operations more easily. The Cloud Pak product family is a set of software solutions designed to streamline a variety of tasks ranging from cybersecurity to data analytics. The entire lineup ...
In preliminary antitrust findings, EU says Amazon broke competition law
Amazon.com Inc.’s e-commerce business has breached European Union competition law, according to the preliminary findings of an antitrust investigation published today. The investigation was conducted by the European Commission, the EU’s executive branch and top competition authority. It focused on Amazon’s relationship with third-party merchants that sell goods on its e-commerce marketplace. Amazon in many cases competes ...
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 ...