Maria Deutscher
Latest from Maria Deutscher
With Mobileye purchase done, Intel will deploy a fleet of 100 self-driving cars
Just a day after completing the acquisition of Mobileye N.V., Intel Corp. today officially kick-started its effort to take the group’s autonomous navigation technology mainstream. The chip maker this morning announced plans to build a self-driving car fleet for trial purposes that will include more than 100 vehicles once it reaches full strength. According to reports from earlier this year, ...
Google slashes cloud storage prices by up to 71 percent
Cost-efficiency is one of the main reasons why companies are increasingly choosing the cloud over hardware on their own premises. As a result, price competition has always been a key strategy for providers of infrastructure as a service. The latest example comes from Google Inc., which on Tuesday significantly lowered flash storage rates for customers of ...
Andreessen Horowitz bets on Netlify’s new vision for web development
Running a website doesn’t necessarily require a big-time investment, but for companies that wish to roll out enhancements continuously and minimize loading times, it can be a major undertaking. Netlify Inc. is working to reduce the amount of manual effort involved in the task. Today, the startup announced that it has secured a $12 million ...
Oryx Vision raises $50M to push its LiDAR system for self-driving cars
The autonomous vehicle market is only in its infancy, but there are already several players racing to develop sensory hardware for tomorrow’s self-driving cars. One of them is Oryx Vision Ltd., which announced today that it has raised $50 million in a bid to gain a lead. The Israeli startup is building what it describes as a “groundbreaking” LiDAR ...
Salesforce launches AI tool for analyzing images posted on social media
A week after Crimson Hexagon Inc. introduced a service that uses artificial intelligence to analyze the media content posted on social networks, a major player is joining the fray. Salesforce.com Inc. today unveiled a tool called Einstein Vision for Social Studio that will enable users of its marketing platform to track the images that consumers ...
IBM says its latest breakthrough could dramatically improve deep learning speed
Processor technology has advanced so much in recent years that a device the size of a thumb drive can now be used to power a neural network. But companies often struggle to take full advantage of the computational power at their disposal because of a fundamental challenge in implementing large-scale artificial intelligence models. The issue has ...
Sherpa raises $5.5M to help enterprises broadcast video
Companies are increasingly using video to engage their audiences, a trend that Sherpa Digital Media Inc. perceives as a major revenue opportunity. The Redwood City, California-based startup has secured $5.5 million as part of a funding round announced today to capitalize on the growing role of multimedia content in the enterprise. Sherpa offers a platform that ...
Tesla is raising $1.5B in junk bonds to accelerate Model 3 production
With the number of preorders for the Model 3 now exceeding 400,000, Tesla Inc. must rapidly scale production if it wants to deliver the vehicles in an acceptable time frame. The car maker is turning to the junk bond market for help with financing the expansion. Tesla today announced plans to sell about $1.5 billion worth ...
Strong earnings send switch maker Arista’s shares soaring 19%
Companies are buying more hardware to accommodate the growing amounts of information that flow through their data centers, and Arista Networks Inc. is reaping the rewards. Shares of the firm, which sells programmable switches that can be customized and automated to streamline operations, soared more than 19 percent today after its second-quarter earnings reported Thursday. Arista brought ...
Former Wall Street executives raise $125M for new security startup
It’s not every day that a startup closes a nine-figure investment before even launching its website. Such is the appeal of cybersecurity startups today. BlueteamGlobal Inc., a newly established cybersecurity provider headed by veterans of the financial industry, hit the scene on Thursday with a hefty $125 million in funding. The startup stated in a ...