Maria Deutscher
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Bill Gates-backed Echodyne raises $29M for its drone radar
With the Federal Aviation Administration estimating that 7 million drones will roam the skies by 2020, the risk of collisions is becoming a major concern. Echodyne Inc. believes that the key to addressing the challenge is increasing the range at which potential dangers can be spotted. The Bellevue, Washington-based startup hopes to provide the solution in ...
Spotify buys another AI startup in quest for better music recommendations
Spotify AB is making the most out of the $1 billion in debt financing it raised last year. The music streaming giant quietly revealed Wednesday that it has bought Niland, a Paris-based machine learning startup, in what marks its fourth acquisition since the beginning of the year. Spotify has previously picked up blockchain database maker Mediachain Labs Inc. ...
Frame lands $16M round to deliver virtual desktops from the cloud
Employees at Adobe Systems Inc., Siemens AG and Autodesk Inc. don’t depend on any one device for their work. Instead, they use cloud-based virtual desktops provided by their companies with the help of Frame Inc., a five-year-old startup that secured $16 million in funding on Wednesday. The financing came courtesy of Bain Capital Ventures, Microsoft ...
Cloudflare wants to speed up the web with ‘virtual backbone’
If any websites and cloud services seem to load faster than they once did, Cloudflare Inc. may be responsible. The content delivery giant has spent the past 12 months running a beta program that saw 50,000 companies test-run Argo, a new web acceleration platform officially introduced today. According to Cloudflare, it’s designed to provide a “virtual backbone” through which packets can ...
IBM makes new 16-qubit quantum processor accessible to the public
A year after giving researchers access to a 5-qubit quantum processor through its public cloud, IBM Corp. has launched a new and more advanced system that packs a much bigger punch. The chip will provide the scientific community with 16 qubits for exploring potential applications of the technology. According to IBM, quantum computers could dramatically ...
Salesforce launches new AI features for retailers
Salesforce.com Inc.’s efforts to automate common business tasks using artificial intelligence extend far beyond its flagship customer relationship management platform. The company is also incorporating AI technology into other core services including Commerce Cloud, which received its latest batch of new features today. The most notable addition is a catalog personalization tool powered by Einstein, the cross-product learning ...
Google’s newest cloud service can manage ‘millions’ of connected devices
Google Inc. sees a major revenue opportunity in the connected devices that companies are deploying to monitor their operations and automate key activities. Today, the technology giant introduced a cloud service called Cloud IoT Core that provides a central hub from which those endpoints can be run. At its core is a management tool designed to ...
Intel and BMW expand self-driving car alliance to include Delphi
The logistical and technical challenges involved in producing autonomous vehicles are too large for any one company to tackle. As a result, the auto industry is seeing the emergence of alliances aimed at spreading out the work across the supply chain. One of the most promising such partnerships is the collaboration that Intel Corp. and ...
Database supplier MarkLogic doubles down on security in new release
Security is emerging as a major priority for MarkLogic Corp. in its efforts to stand out amid fierce competition in the database market. The company, which boasts Fortune 500 clients such as Johnson & Johnson Inc. and Deutsche Bank AG, today released a new version of its NoSQL store with a host of features for protecting sensitive information. ...
Wall Street darling Symphony raises $63M for its secure chat service
Investors see a lot of growth potential in team communications. Today a consortium led by French banking giant BNP Paribas SA joined in with a $63 million round into Symphony Communication Services LLC, a fast-rising messaging startup based in Palo Alto, California. Its claim to fame is a chat service similar to Slack that provides file-sharing features, bots and ...