Maria Deutscher
Latest from Maria Deutscher
Automation Anywhere Inc., one of the biggest players in the red-hot robotic process automation market, today announced that it has snagged $300 million from SoftBank Group Corp.’s Vision Fund. The investment values the software maker at $2.6 billion. It comes as an …
In potential win for AWS, Oracle loses protest against the Pentagon’s $10B cloud contract
Updated with statement from Oracle The U.S. Government Accountability Office has flatly dismissed a complaint from Oracle Corp. over the Pentagon’s $10 billion cloud computing contract, in a development that could hold industrywide repercussions. Today’s decision comes about two months after Oracle …
Samsung unveils new 8-nanometer Exynos chip with dedicated AI module
The latest iteration of Samsung Electronics Co. Ltd.’s mobile processor is designed with artificial intelligence in mind. The Exynos 9820, which debuted today, is based on an eight-nanometer, eight-core architecture and features a specialized “neural processing unit.” Samsung said that the module …
ServiceTitan lands $165M on $1.65B valuation for its home services platform
Traditional segments such as construction, mortgage lending and freight shipping that were once largely overlooked by the tech industry are witnessing a surge in startup activity. This boom is fueled by deep-pocketed investors willing to make increasingly bold bets in segments with …
Microsoft to acquire Slack-backed chatbot startup Xoxco
Microsoft Corp. today announced that it’s acquiring Xoxco Inc., an artificial intelligence startup with a prominent spot in the chatbot ecosystem. Austin-based Xoxco launched in 2009 and focuses mainly on providing development services for companies looking to build conversational assistants. The startup has worked …
SnapLogic moves into AI development with new machine learning toolkit
Data integration provider SnapLogic Inc. is moving into the artificial intelligence market with a new toolkit for building and deploying neural networks. Launched today, SnapLogic Data Science expands the company’s flagship Enterprise Integration Cloud, which enables enterprises to link internal applications with …
Report: Waymo will launch a commercial driverless taxi service next month
A decade after it started working on self-driving cars, Alphabet Inc. is reportedly finally moving to commercialize the technology. A Bloomberg report published today claims that Waymo LLC, the subsidiary that leads the company’s efforts in this segment, will launch a paid autonomous taxi …
After nationwide bidding war, Amazon picks New York and Virginia for HQ2
Amazon.com Inc. today announced that it will split its planned $5 billion “second headquarters” between New York City and Virginia, concluding a yearlong search during which the company received bids from no fewer than 238 U.S. cities. The online retail giant originally …
Icahn attacks Dell’s planned stock market return, citing the $34B IBM-Red Hat deal
Back in 2013, activist investor Carl Icahn sued Dell Technologies Inc. in an ultimately unsuccessful attempt to block Chief Executive Michael Dell (pictured) from taking it private. Now that the enterprise technology giant is looking to return to the stock market, it has …
RPA provider Kofax to shell out $400M for Nuance’s document imaging business
Kofax Inc., a major player in the fast-growing robotic process automation market, today announced its first acquisition since moving under the wing of the private-equity firm Thoma Bravo LLC last year. Kofax has inked a $400 million deal to buy the document …