Maria Deutscher
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Adobe introduces new generative AI features for its creative applications
Adobe Inc. introduced a raft of new artificial intelligence features for creative professionals at its Adobe Max product today. Some of the capabilities are rolling out to the company’s video editing applications. The others will mostly become available in Adobe’s suite of image editing tools, including Photoshop. AI-supported video editing Adobe is upgrading its Premiere ...
Fintech startup Monzo valued at $5.9B in secondary sale
Digital banking provider Monzo Bank Ltd. today disclosed that it has completed a secondary sale at a $5.9 billion valuation. A secondary sale is a transaction that allows a startup’s employees and early investors to sell some of their shares. According to Monzo, Singapore’s CIG sovereign wealth fund and StepStone Group bought shares in the deal. ...
Healthcare AI startup Abridge reportedly raising $250M at $2.5B valuation
Abridge AI Inc., a startup that develops artificial intelligence software for medical professionals, is reportedly raising $250 million in new funding. The Information on Thursday cited sources as saying that technology investor Elad Gil and IVP are set to lead the investment. Alphabet Inc.’s CapitalG fund is expected to participate as well. The round will ...
Tesla shares drop following Cybercab, Robovan autonomous vehicle reveal
Shares of Tesla Inc. dropped more than 8% in trading today following a product event where it debuted two new autonomous vehicles. The company’s “We, Robot” event in Los Angeles saw Chief Executive Elon Musk introduce an autonomous taxi called the Cybercab. He also previewed an autonomous bus, the Robovan, along with the latest iteration ...
Suki raises $70M for its healthcare-focused AI assistant
Suki AI Inc., a startup with an artificial intelligence assistant for healthcare professionals, has raised $70 million in funding to enhance its technology. London-based fund Hedosophia led the Series D investment. Suki said in its announcement of the deal today that Venrock, March Capital, Flare Capital, Breyer Capital and inHealth Ventures participated as well. The ...
Internet Archive experiences outages after DDoS attacks, data breach
The Internet Archive today experienced a distributed denial-of-service attack that took two of its services offline. The malicious traffic surge is the latest in a series of cybersecurity incidents to have hit the nonprofit over the past few days. It previously experienced at least one other DDoS attack and, more notably, a data breach that ...
Intel debuts Core Ultra 200S desktop processors with up to 24 cores
Intel Corp. today debuted a new desktop processor series, the Core Ultra 200S, that features five chips made using three-dimensional packaging technology. The company is promising an up to 9% improvement in single-threaded performance compared with previous-generation silicon. For multithreaded workloads, the Core Ultra 200S offers a 14% speed boost. Power consumption is up to ...
Amazon details new AI-powered package management system
Amazon.com Inc. today detailed VAPR, an internally developed artificial intelligence system designed to ease the work of its delivery drivers. The e-commerce giant relies on a fleet of about 100,000 vans to ship goods to online shoppers. After reaching a customer’s home, an Amazon delivery driver must find the parcels ordered by that customer, which ...
Google DeepMind scientists, biochemist share Nobel Prize in chemistry
Google LLC scientists Demis Hassabis and John Jumper have won this year’s Nobel Prize in chemistry together with biochemistry professor David Baker. The trio received the award for their contributions to protein research. In an announcement today, the Royal Swedish Academy of Sciences detailed Hassabis and Jumper jointly won half the Nobel Prize for their work ...
Justice Department could seek to break up Google following antitrust ruling
The U.S. Justice Department could ask a federal court to break up Google LLC, officials disclosed in a filing today. Reports that such a move is on the table have been swirling for weeks. In early August, the U.S. District Court for the District of Columbia ruled that Google maintains an illegal monopoly across the search ...