Maria Deutscher
Latest from Maria Deutscher
Innoviz Technologies Ltd., a maker of lidar sensors for autonomous vehicles that counts BMW AG among its customers, today announced plans to go public via a merger with a special purpose acquisition company. Special purpose acquisition companies, most commonly referred to as …
Report: Apple developing in-house mobile modem chips
Apple Inc. earlier this year launched a project to develop homegrown modem chips for its mobile devices, according to leaked remarks by one of the company’s top engineering executives. The news sent shares of Qualcomm Inc., Apple’s current mobile chip supplier, down …
Biggest tech IPO of 2020: Airbnb soars to $87B market cap in trading debut
Home rental provider Airbnb Inc.’s market capitalization surged to about $87 billion in its trading debut on the Nasdaq this morning, crowning its initial public offering as the largest this year for a tech firm. Airbnb raised approximately $3.5 billion prior to …
Adobe leaps past forecasts to record quarterly revenue
Adobe Systems Inc. today posted fourth-quarter earnings that beat analyst expectations and paired the results with upbeat guidance for the 2021 fiscal year. The developer of Photoshop and other multimedia software delivered in as cloud services wrapped up the three months ended Nov. …
Two months after launch, monitoring startup Pixie Labs acquired by New Relic
New Relic Inc. today announced plans to acquire Pixie Labs Inc., a startup with a platform for monitoring Kubernetes workloads that launched from stealth mode just over two months ago. Pixie Labs launched at the start of October with $9.15 million in …
Samsung adopts Google Cloud’s TPU chips to train its Bixby voice assistant
Google LLC today disclosed that Samsung Electronics Co. Ltd. has been using its Cloud Tensor Processing units, specialized artificial intelligence chips available via its cloud platform, to enable the voice assistant features it offers users. Samsung is one of the world’s largest mobile …
AWS’ Graviton2-based instances help Arm design chips faster
Arm Ltd., whose chip designs can be found in everything from smartphones to data centers, will move most of the electronic design automation applications used by its engineers to Amazon Web Services Inc.’s cloud platform. The project was detailed by AWS this …
Red-hot IPOs: C3.ai nets $651M and shares soar 120%, as DoorDash stock rises 85%
Updated: C3.ai Inc., the artificial intelligence software provider led by tech billionaire Tom Siebel, has raised a higher-than-expected $651 million in its initial public offering after selling 15.5 million shares at $42 apiece. The company started trading today on New York Stock …
‘Visual data computing’ startup Einblick launches with DARPA as a customer
Einblick Analytics Inc., a startup spun out of MIT and Brown University, today launched from stealth mode with a “visual data computing platform” that it says can give enterprise analytics projects a boost. Einblick has raised $6 million in seed funding from …
Snowflake rival Firebolt exits stealth with blazingly fast cloud data warehouse
Firebolt Analytics Inc., a startup led by former executives from analytics unicorn SiSense Inc., today exited stealth mode with a cloud data warehouse that it says can provide more than 100 times better performance than rivals. Firebolt, based in Tel Aviv, is …