Maria Deutscher
Latest from Maria Deutscher
Determined AI launches with $11M funding to simplify deep learning projects
Determined AI Inc., a new startup set on easing artificial intelligence development, today exited stealth mode with $11 million in fresh funding. The round was led by Alphabet Inc.’s GV investment arm. A half-dozen other backers participated as well, including storied venture capital firm CRV, SV Angel and Amplify Partners. Determined AI has built a ...
Spotify files antitrust complaint against Apple, alleging unfair App Store policies
Spotify Technology SA wants regulators to investigate the rules that Apple Inc. sets for outside apps on the App Store. The music streaming provider, whose service competes with Apple Music, today filed an antitrust complaint against the iPhone maker in Europe over what it describes as unfair business practices. Spotify is accusing the company of ...
Google debuts miniaturized, real-time speech recognition AI on Pixel phones
Google LLC has developed a miniaturized neural network that is small and efficient enough to perform speech recognition, a normally hardware-intensive task, directly on mobile devices. The technology debuted today on the company’s Pixel smartphones. Google has rolled it out to its Gboard virtual keyboard app as part of an update that will make the built-in ...
Uber settles two long-running driver lawsuits for $20M
Uber Technologies Inc. has settled a pair of lawsuits challenging its driver classification policy, clearing a potential point of concern ahead of its upcoming initial public offering. The agreement, which was filed late Monday and hit the news cycle this morning, concludes six years of litigation. The lawsuits sought to change Uber’s policy of classifying drivers working ...
Cloudflare raises fresh $150M round, likely delaying rumored IPO
After a four-year break from fundraising, Cloudflare Inc. today announced that it has secured $150 million in fresh capital to boost its growth efforts. The round was led by Franklin Resources Inc., a California investment firm with about $750 billion in assets under management. It joins an impressive roster of existing investors that includes Alphabet ...
Intel launches new technology standard to link CPUs with accelerator chips
Intel Corp. today introduced a new interconnect technology aimed at enabling servers to make better use of graphics cards, field-programmable gate arrays and other accelerator chips optimized for specific workloads. The Compute Express Link, or CXL, is envisioned as an industry standard that will work with products from multiple hardware makers. To that end, Intel ...
Confirming rumors, Nvidia agrees to acquire Mellanox in landmark $6.9B deal
Confirming recent industry chatter about its acquisition plans, Nvidia Corp. today announced that it has inked a deal to buy data center networking specialist Mellanox Technologies Ltd. for $6.9 billion. The all-cash transaction is the chipmaker’s largest to date by a wide margin. Its $6.9 billion offer breaks down to $125 per Mellanox share, 14 ...
In new regulatory plan, Elizabeth Warren proposes to break up tech giants
Senator Elizabeth Warren is proposing to impose new regulations on the tech industry that would require major players such as Google LLC to split off key parts of their business. Warren, a 2020 Democratic presidential contender, outlined the plan in a Medium post today. Her proposed regulatory changes would classify tech firms that operate online ...
Report: Apple’s AR headset could enter production this year, will connect to iPhones
Apple Inc.’s long-rumored augmented reality headset may hit the market much sooner than previously believed. Influential mobile industry analyst Ming-Chi Kuo today projected that the device will enter mass production in the fourth quarter or by the second quarter of 2020 at the latest. Previously, Kuo had accurately predicted the details of several Apple product launches, ...
Airbnb acquires heavily funded hotel booking startup HotelTonight
Airbnb Inc. is expanding its accommodation booking platform with the acquisition of Hotel Tonight Inc., a major competitor that offers last-minute deals on hotel rooms. The financial terms of the transaction, which was announced today, weren’t disclosed. But it’s a fair bet that Airbnb is sinking a significant sum into the acquisition. San Francisco-based HotelTonight has ...