Maria Deutscher
Latest from Maria Deutscher
EU finds Apple, Google breached DMA antitrust rules
The European Union has determined that Apple Inc. and Google LLC are in breach of the bloc’s DMA antitrust regulation. The European Commission, the EU’s executive arm, published its decision today. Officials have ordered Apple to change a number of iOS features that were found to run afoul of the DMA. The EU’s antitrust findings ...
Virtual desktop startup Nerdio raises $500M at $1B+ valuation
Nerdio Inc., a startup that helps companies manage virtual desktop environments deployed on Microsoft Azure, has raised $500 million in fresh funding. The software maker announced the Series C investment today. General Atlantic led the round with participation from Lead Edge Capital and StepStone. Nerdio is now valued at more than $1 billion, about four ...
Nvidia debuts new silicon photonics switches for AI data centers
Nvidia Corp. has introduced a new collection of data center switches described as significantly more efficient than current-generation hardware. The devices made their debut today at the company’s GTC event in San Jose. During the conference, Nvidia Chief Executive Jensen Huang revealed the company’s latest Blackwell Ultra graphic card. He also detailed that Nvidia’s next ...
In its largest-ever acquisition, Google buys cybersecurity startup Wiz for $32B
Confirming recent rumors, Google LLC today announced plans to acquire Wiz Inc. for $32 billion. The all-cash transaction values the cybersecurity startup $20 billion higher than what it was worth following its most recent funding round. The sum is also a significant premium to the $23 billion that Google reportedly offered for Wiz last year. ...
XAI acquires AI video generation startup Hotshot
Elon Musk’s xAI Corp. has acquired Hotshot, a startup that develops artificial intelligence models optimized for video generation tasks. Hotshot Chief Executive Officer Aakash Sastry announced the deal today in a post on X. The financial terms were not detailed. The company previously raised an undisclosed amount of funding from Reddit Inc. co-founder Alexis Ohanian, SV ...
Alphabet spins off its Taara laser-powered networking venture
Alphabet Inc. is spinning off its Taara unit, which uses laser-powered network equipment to deliver internet coverage. The Google LLC parent disclosed the move today. Taara, which was until now part of Alphabet’s X research lab, will become an independent company. The technology that powers Taara’s hardware was originally developed as part of another X ...
Dozens of tech firms urge EU to become more technologically independent
Nearly 100 organizations in the European Union have signed an open letter that urges the bloc to become more technologically independent. The group published the document today. The signatories include aerospace company Airbus SE, cloud provider OVH Groupe SA and chipmaker SiPearl. The firms backing the initiative were joined by multiple tech industry associations. The ...
Cisco debuts new AI-powered customer service features for Webex
Cisco Systems Inc. is upgrading Webex with new artificial intelligence features designed to make customer service teams more productive. The company debuted the update today at the Enterprise Connect communications conference. Some of the enhancements will roll out this month, while the rest are set to become available later in 2025. Webex is a communications ...
Financial technology provider Klarna files for IPO at reported $15B+ valuation
Klarna Group plc, a major player in the so-called buy now, pay later market, today filed paperwork for an initial public offering. Sources told Bloomberg that the Stockholm-based company is seeking to raise at least $1 billion. It’s believed Klarna hopes to achieve a market capitalization of more than $15 billion in the offering. That’s ...
Google submits AI policy suggestions to the White House
Google LLC has submitted a set of suggestions for how the U.S. government can support the domestic artificial intelligence ecosystem. The search giant outlined its recommendations in a 12-page paper published on Thursday. The same day, OpenAI submitted a similar policy document to the White House. The two companies drafted the recommendations in response to ...
