Maria Deutscher
Latest from Maria Deutscher
Researchers use Intel’s neuromorphic chip to build artificial skin
Intel Corp. today revealed that researchers are using its neuromorphic chips to develop artificial skin for robots, in a project representing one of the first practical applications of the technology. Intel, the leading maker of central processing units, is researching alternative chip architectures to help it maintain its long-term competitive advantage. Neuromorphic computing is one ...
Apple lands key victory in $15B tax case over Irish subsidiaries
A European Union court today ruled that Apple Inc. doesn’t have to pay 13 billion euros, or about $15 billion, in back taxes it was ordered to cough up under a 2016 regulatory decision. Apple until a few years ago collected much of the revenue it made in the EU through a pair of Ireland-based ...
AMD intros industry’s first 64-core processor for enterprise workstations
Advanced Micro Devices Inc. today introduced a high-speed processor for enterprise workstations that it says can provide more performance than two Intel Corp. chips combined. The central processing unit, known as the 3995WX, is also touted as the first workstation processor to feature 64 cores. It’s part of a newly launched chip family called the ...
Salesforce leads $120M funding round into secure access provider Auth0
A little more than a year after joining the unicorn club, Auth0 Inc. today divulged that it has closed a $120 million late-stage round led by Salesforce.com Inc. at a $1.92 billion valuation. Bellevue, Washington-based Auth0 sells cloud services that developers rely on to let users securely log into their applications. The startup’s services automate ...
Amazon’s new ‘smart’ shopping cart uses sensors to enable cashierless stores
Amazon.com Inc. today pulled back the curtains on its latest retail technology project: a “smart shopping cart” called the Dash Cart that enables storegoers to buy groceries without waiting in a checkout line. Amazon, best known for its e-commerce marketplace, also has a $4 billion-plus brick-and-mortar division. The company is experimenting with cashierless stores that enable customers ...
Led by ex-AWS AI exec, Abacus.AI raises $13M to automate neural network creation
Abacus.AI Inc., an artificial intelligence startup led by Amazon Web Services Inc. and Google LLC veterans, today announced it has raised a $13 million funding round from a group of prominent tech industry figures. Noted venture capitalist Mike Volpi led the round. Volpi, known for his role at early Facebook Inc. investor Index Ventures, was ...
After May round, stock trading app Robinhood raises $320M more
Just two months after closing a $280 million round of funding, commission-free stock trading app Robinhood Markets Inc. today said that it has raised an additional $320 million at a $8.6 billion valuation. The Menlo Park, California-based startup didn’t name the investors that provided its latest capital injection. Robinhood’s previous raise included the participation of ...
Google launches $10B fund to invest in India
Google LLC today said that it’s forming a $10 billion fund to invest in India’s fast-growing digital economy. The move was detailed by Chief Executive Officer Sundar Pichai and other Google executives during a livestreamed virtual event. The fund, Pichai detailed, will deploy its $10 billion capital pool over the next five to seven years ...
HPE is acquiring SD-WAN provider Silver Peak for $925M
Hewlett Packard Enterprise Co. today announced plans to acquire Silver Peak Systems Inc., a provider of software-defined wide-area networking or SD-WAN products, in a transaction worth $925 million. The deal represents a significant return for Silver Peak’s investors. The Santa Clara, California-based company has raised about $176 million in funding from backers that include Greylock ...
Rackspace files for IPO, disclosing slow revenue growth and $4B in debt
Rackspace Technology Inc. today submitted the paperwork for an initial public offering, disclosing in its S-1 filing that it generated revenue of $2.4 billion last year and has nearly $4 billion worth of outstanding debt as of March. Rackspace is a managed services provider that helps enterprises build and run multicloud environments. It also operates in ...