Maria Deutscher
Latest from Maria Deutscher
DevOps automation startup Buildkite raises $28M at $200M+ valuation
Buildkite Pty Ltd., an Australian developer tooling startup that boasts big-name customers such as Shopify Inc. and OpenAI, today said that it has closed a $28 million funding round at a valuation exceeding $200 million. The investment was led by OpenView Venture Partners. The investment firm’s earlier bets in the enterprise software market include publicly ...
IBM’s new AI-optimized Power10 chip packs dedicated math and encryption circuits
IBM Corp. today revealed the Power10 chip, the latest addition to its homegrown server processor series, that packs several new technologies such as a specialized module that the company says will enable an up to 20-times increase in artificial intelligence performance. The chip (pictured), introduced at the annual Hot Chips conference that’s running online this year, ...
Rackspace shares soar after Amazon reported in talks for minority stake
Amazon.com Inc. is reportedly looking to acquire a minority stake in partner Rackspace Technology Inc., which works with its Amazon Web Services Inc. business to help enterprises adopt the cloud. Word of the talks emerged this morning via a report from Reuters. Amazon and Rackspace’s discussions are in a preliminary stage and it’s not guaranteed that a ...
US places new trade restrictions on Huawei to limit its chip access
The U.S. Commerce Department today announced new rules aimed at further limiting Huawei Technologies Co. Ltd.’s ability to obtain semiconductors made with U.S. technology. The rules are the latest in a series of trade restrictions that the Trump administration has placed on Huawei since the start of 2019. Last May, the Commerce Department disallowed U.S. ...
In latest expectation-beating tech IPO, Duck Creek Technologies raises $405M
Duck Creek Technologies Inc., a maker of specialized software-as-a-service products for the insurance sector, raised $405 million in a Thursday initial public offering priced above the expected range. The company’s momentum continued into today, pushing its shares nearly 56% higher than their IPO price in their trading debut on the Nasdaq stock exchange. Duck Creek raised ...
Chip startup Blaize debuts AI modules for machine learning at the edge
Venture-backed chip startup Blaize Inc. has introduced three new hardware modules for running artificial intelligence models at so-called edge locations such as factories. The modules, announced on Thursday, are based on the Graph Streaming Processor that the startup first previewed last November. That’s the month Blaize exited stealth mode with $87 million in funding from ...
Report: Apple gearing up to launch ‘Apple One’ subscription services bundle
Apple Inc. is reportedly developing a new subscription offering that will allow users to purchase all of its core entertainment and content services for a single discounted price. The offering is referred to internally as Apple One, according to the Bloomberg report that detailed the iPhone maker’s plans today. It’s expected to launch as early ...
Mirantis acquires Kubernetes platform Lens to extend container portfolio
Mirantis Inc. today said that it has acquired Lens, a popular open-source platform for managing Kubernetes deployments that is used by engineers at Apple Inc. and other major tech companies. Campbell, California-based Mirantis is backed by more than $200 million in funding and sells software that organizations use to manage their container environments. Last year, ...
Intel shares first in-depth technical preview of upcoming Tiger Lake chips
Intel Corp. today gave the world the first in-depth look at its upcoming 10-nanometer Tiger Lake laptop processors, which the chipmaker says will provide the biggest performance jump inside an existing chip architecture in its history. It also shared details about its upcoming graphics cards for data centers. The Tiger Lake processor previews comes at ...
Apple partner Foxconn is splitting its supply chain amid trade tensions
Hon Hai Precision Industry Co., better known as Foxconn, today reported a better-than-expected quarterly profit and said it’s realigning its manufacturing operations amid the U.S.-China trade tensions. Foxconn is a key supplier to Apple Inc. and other tech giants. The firm assembles a sizable percentage of the iPhones that are sold globally every year, as well ...