Maria Deutscher
Latest from Maria Deutscher
A trade association that represents cloud providers in the European Union has filed suit over Broadcom Inc.’s acquisition of VMware. The group, CISPE, disclosed the move today. It submitted the complaint to the European General Court, the EU’s second highest court. The …
AWS reportedly shutters AI research lab in Shanghai
Amazon Web Services Inc. has reportedly closed an artificial intelligence lab that it operated in Shanghai. The Financial Times reported the move today. The Amazon Web Services AI Shanghai Lablet, as the shuttered facility was known, opened in 2018. It’s unclear how …
White House releases broad set of AI policy recommendations
The White House today released a policy paper with more than 90 recommendations on how the federal government should approach artificial intelligence. The document is called the AI Action Plan. Later today, U.S. President Donald Trump is expected to sign several executive …
Compliance startup Vanta valued at $4.15B in new $150M round
Vanta Inc., a startup that helps companies comply with privacy and cybersecurity regulations, has raised $150 million in fresh funding. Wellington Management led the Series D investment. It was joined by more than a half-dozen other backers including the venture capital arms …
OpenAI partners with Oracle to develop 4.5 more gigawatts of data center capacity
OpenAI has inked a deal with Oracle Corp. to develop 4.5 gigawatts’ worth of data center capacity in the U.S. The companies announced the agreement today. It’s part of Stargate, an initiative to build a network of stateside artificial intelligence data centers …
Microsoft finds China-linked hackers are targeting SharePoint deployments
Microsoft Corp. has determined that China-linked hacking groups are targeting deployments of its SharePoint file sharing platform. The company detailed its findings in a blog post published today. The hackers are exploiting two SharePoint vulnerabilities that researchers disclosed in last week. The …
Lumotive nabs $14M for its liquid crystal beamforming chips
Startup Lumotive Inc., which makes chips that can change the direction of laser beams, has raised $14 million in funding. Amazon.com Inc.’s Amazon Industrial Innovation Fund and ITHCA Group provided the capital. The cash infusion, which was announced today, came as an extension …
Composio raises $25M in funding to ease AI agent development
Composio, a startup with a platform for building artificial intelligence agents, today announced that it has raised $25 million in funding. Lightspeed Venture Partners led the Series A round. It was joined by SV Angel, HubSpot Inc. founder Dharmesh Shah and more …
New Google AI system wins gold medal in prestigious math competition
An artificial intelligence model developed by Alphabet Inc.’s Google DeepMind unit has won a gold medal in the International Mathematical Olympiad. The company announced the achievement today, two days after OpenAI disclosed that it has reached the same milestone. However, the ChatGPT …
Figma seeking $1B+ IPO that could value it at $16.4B
Graphic design software maker Figma Inc. hopes to achieve a valuation as high as $16.4 billion in its upcoming initial public offering. The company disclosed the listing’s proposed financial terms today in conjunction with the launch of its IPO roadshow. An IPO …