Maria Deutscher
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Mobileye shares climb on strong third-quarter results
Shares of Mobileye Global Inc. climbed more than 7% today after the company posted strong financial results for its third quarter ended Sept. 30. Mobileye sells chips that automakers use to equip their vehicles with partly autonomous driving features. It’s also developing a hardware and software system, Chauffeur, that is intended to power fully autonomous ...
Credal and Datasaur target enterprise demand for security-optimized AI models
Credal AI Inc. and Datasaur Inc., two venture-backed artificial intelligence startups, today marked milestones in their respective efforts to ease enterprise machine learning projects. Many enterprises are opting to build custom AI modes instead of using commercial, cloud-hosted neural networks. Often, the decision is motivated by concerns about commercial neural networks’ security. Credal and Datasaur ...
Intel backs $44M round for private cloud infrastructure startup Oxide Computer
Oxide Computer Co., a San Francisco startup developing cloud-inspired data center infrastructure, today announced that it has nabbed $44 million in funding to support its go-to-market efforts. The Series A round was led by Eclipse Ventures. Intel Corp.’s venture capital arm, Riot Ventures, Counterpart Ventures and Rally Ventures chipped in as well. Oxide sells a ...
Kubernetes management startup Chkk exits stealth mode with $5.2M in funding
Chkk Inc. launched today with $5.2 million in funding and a software platform that promises to ease the task of maintaining Kubernetes clusters. The Sunnyvale, California-based startup raised the capital through a seed round led by Sequoia. According to TechCrunch, the investment closed in May. A large Kubernetes cluster can include upwards of hundreds of ...
CentML raises $27M to speed up AI inference and training
CentML Inc., a startup working to improve the performance of artificial intelligence models, today announced that it has closed a $27 million seed round. The investment was led by Alphabet Inc.’s Gradient Ventures startup fund. Nvidia Corp., Deloitte Ventures, Thomson Reuters Ventures and Radical Ventures contributed as well. CentML was founded in 2022 by AI ...
AWS debuts EU-based sovereign cloud with dedicated data centers
Amazon Web Services Inc. today previewed the AWS European Sovereign Cloud, an upcoming network of data centers that will be used by government agencies and highly regulated enterprises in the European Union. The data centers in question will operate separately from the eight cloud regions AWS already operates within the bloc. According to the Amazon.com ...
Qualcomm introduces new AI-optimized handset and laptop chips
Qualcomm Inc. today debuted its new flagship mobile processor, the Snapdragon 8 Gen 3, which is expected to power the next generation of top-end Android smartphones. The company also introduced a second chip aimed at the laptop market. The Snapdragon X Elite, as it’s called, is based on Arm Holdings plc’s namesake instruction set architecture. ...
NetApp debuts new flash arrays and cloud features at Insight 2023
NetApp Inc. is bolstering its product portfolio with three new flash arrays and updated versions of its cloud-based storage services. The company detailed the product updates at its annual Insight 2023 conference, which is taking place today in Las Vegas. NetApp also used the opportunity to enhance Keystone, a service that allows customers to buy ...
RISC-V startup SiFive lets go 20% of its workforce
Updated with new statement from SiFive SiFive Inc., a well-funded startup that develops RISC-V processors, has let go 20% of its employees and discontinued its core product line. Semiconductor industry journalist Ian Cutress reported the development the development today, citing people familiar with the matter. SiFive confirmed the high-level details of the report in a statement. ...
Nvidia and AMD reportedly developing Arm-based PC processors
Nvidia Corp. and Advanced Micro Devices Inc. are developing new central processing units for Windows computers, Reuters reported today. The upcoming chips are said to be based on blueprints from Arm Holdings plc. Nvidia is best known as a maker of graphics cards, but it’s no stranger to the CPU market. In 2021, the chipmaker ...