Maria Deutscher
Latest from Maria Deutscher
VMware acquires NEA-backed AI startup Uhana to boost carrier business
A week after picking up Bitfusion Inc. to provide better support for customers running machine learning workloads, VMware Inc. has made another strategic acquisition in artificial intelligence. The company on Thursday announced that it’s buying Palo Alto, California-based Uhana Inc. for an undisclosed sum. The startup previously raised an undisclosed Series A funding round from New Enterprise Associates. Uhana ...
Waymo taps DeepMind’s evolutionary AI tech to train self-driving car algorithms
DeepMind, Alphabet Inc.’s artificial intelligence research unit, is assisting sister company Waymo with its efforts in the autonomous vehicle market. Researchers from DeepMind detailed the collaboration in a post on the group’s blog today. The division has been working with Waymo to harness a technique called population-based training to speed up the development of autonomous ...
Samsung will launch delayed Galaxy Fold in September after fixing screen issues
Samsung Electronics Co. Ltd. today said its troubled Galaxy Fold foldable handset will launch in September, five months after the date when the device was originally supposed to hit stores. The phonemaker had to push back the release after reviewers reported issues with their test units. There were more than a half-dozen cases of the Galaxy ...
Balena raises $14.4M for its container-native connected device platform
Balena Inc., a Seattle-based provider of tools for building and managing connected devices, today said it has closed a $14.4 million funding round backed by General Electric Co.’s venture arm. Returning backers Threshold Ventures and Aspect Ventures participated as well, while Boston-based OpenView led the round. Balena’s total capital raised now stands at more than ...
Facebook agrees to more oversight and $5B fine in record FTC privacy settlement
Facebook Inc.’s long-expected settlement with regulators over its privacy practices is now official. The Federal Trade Commission today announced that the company has agreed to pay a $5 billion fine, as well as subject itself to increased oversight and implement more stringent data controls. The deal marks the biggest privacy fine ever handed out by the ...
Warehouse automation startup Fetch Robotics lands $46M in new funding
Amazon.com Inc. is far from the only retailer using robots at its fulfillment centers. Traditional chains, pressured by Amazon’s increasingly competitive order processing times, are also embracing automation, and their logistics providers are following suit. San Jose, California-based Fetch Robotics Inc. is capitalizing on the trend. The startup today announced that it has raised a ...
NSA to establish cybersecurity directorate to combat rising online threats
The National Security Agency is establishing a new cybersecurity directorate in a push to realign its organizational structure to improve the battle against online threats facing the United States. The plan, unveiled this morning, will be put into action in the coming months. The directorate is set to start operations at the beginning of October under ...
Google launches Spinnaker for GCP to simplify cloud development
Google LLC today introduced Spinnaker for GCP, a new solution that aims to simplify the work of developers building cloud applications. Spinnaker is an open-source development toolkit jointly maintained by Netflix Inc. and Google. It enables software teams to create continuous delivery, or CD, workflows for their projects. Continuous delivery is an approach wherein programmers ...
Microsoft teams up with OpenAI in new $1B artificial intelligence partnership
OpenAI Inc., the San Francisco lab working to develop human-level artificial intelligence, has received $1 billion from Microsoft Corp. to support its mission. The investment is part of a multiyear technology partnership the companies announced this morning. The sum matches the $1 billion in initial capital that OpenAI started out with when the lab launched ...
After $326M IPO, Medallia’s share price surges 75%
Though Medallia Inc. isn’t as high-profile as some of the other tech firms that have gone public recently, its stock market debut made a big splash this morning. The customer analytics provider opened on the New York Stock Exchange at $34 per share, a sizable 62% gain over the pricing of its initial public offering late Thursday. ...