Maria Deutscher
Latest from Maria Deutscher
Okta Inc. today announced plans to acquire Axiom Security Ltd., a startup with a platform for managing user access to sensitive applications. The deal is reportedly worth $100 million. That’s about 10 times what Axiom raised from investors prior to the acquisition. …
Stanford study finds AI has reduced availability of entry-level programming jobs
A new Stanford University study suggests that the number of entry-level programming jobs in the U.S. has declined significantly since the launch of ChatGPT. The paper was published today by three economists at the university’s Digital Economy Lab. It’s based on employment …
Elon Musk’s xAI sues Apple and OpenAI over alleged anticompetitive practices
Elon Musk’s xAI Holdings Corp. today sued Apple Inc. and OpenAI for allegedly engaging in anticompetitive practices. The move comes a few weeks after Musk previewed the complaint in a post on X. He accused Apple of breaching antitrust rules by making it …
Intel warns of potential business risks related to US government’s investment
The U.S. government’s plan to take a stake in Intel Corp. could have “adverse consequences,” the chipmaker warned today. The company detailed the potential business risks in a filing with the U.S. Securities and Exchange Commission. Last year, Intel won more than …
Thoma Bravo to acquire contact center software provider Verint for $2B
Thoma Bravo is acquiring Verint Systems Inc., a provider of contact center automation software, for $2 billion including debt. The announcement of the deal today came less a week after the private equity firm’s previous acquisition. On Thursday, Thoma Bravo agreed to …
SASE provider Netskope files to go public
Cybersecurity and connectivity provider Netskope Inc. today filed paperwork for an initial public offering. The company didn’t disclose the sum that it hopes to raise or its target valuation. Netskope was valued at $7.5 billion following its most recent funding round, a …
Trump says US government will take 10% stake in Intel
U.S. President Donald Trump today announced that the federal government will receive Intel Corp. shares in exchange for the CHIPS Act financing the company won last year. Trump detailed the deal, which confirms recent media reports, during a White House press briefing. …
Meta reportedly inks $10B+ cloud deal with Google
Meta Platforms Inc. has reportedly signed a cloud deal with Google LLC that will be worth more than $10 billion over six years. Sources told Reuters on Thursday that the agreement encompasses servers, storage, networking and “other services.” The deal comes weeks …
AI’s power drain: Google details Gemini apps’ environmental footprint in new paper
Google LLC has released technical data about the environment footprint of its Gemini artificial intelligence apps. The company shared the information in a paper published today. According to Google, the median text prompt to a Gemini app uses 0.24Wh, or 0.24 watt-hours, of …
Nvidia, Uber join $97M investment in autonomous driving startup Nuro
Autonomous driving startup Nuro Inc. today announced that it has raised $97 million in funding to support its commercialization efforts. The investment included the participation of Nvidia Corp., Uber Technologies Inc., Baillie Gifford and other institutional investors. It came as an extension …