Maria Deutscher
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Amazon launches AI cloud computing services using Nvidia’s new Volta chips
In a bid to lure more companies to run their artificial intelligence projects on its cloud platform, Amazon Web Services Inc. today launched a family of AI-optimized instances described as the most powerful of their kind on the market. The new P3 series is based on Nvidia Corp.’s latest-generation Volta graphics processing unit, called Tesla V100, ...
Low-key cybersecurity provider Skybox Security grabs $150M in funding
Despite keeping a relatively low profile compared with some rivals, Skybox Security Inc. is a force to be reckoned with in the cybersecurity market. The San Jose, Calif.-based company today cemented its position by announcing the completion of a $150 million funding round. The investment came from private equity firms CVC Capital Partners and Pantheon. Skybox ...
Wire takes its encrypted messaging service to the enterprise
Although consumer messaging services such as WhatsApp have been offering end-to-end encryption for a while now, Slack and other leading business communications platforms still use weaker security methods to protect user privacy. Wire Swiss GmbH Is looking to fill the gap. The Switzerland-based startup, which was founded by three Skype veterans, today launched a new ...
ThousandEyes adds new features for tracking down network problems
A typical enterprise network consists of numerous individual segments that often extend beyond the data center. As a result, pinpointing the cause of traffic bottlenecks and other technical problems can be a rather tricky task. San Francisco-based ThousandEyes Inc. is one of the several venture-backed startups working to address the challenge. Today, the provider launched a ...
Delphi to acquire self-driving car startup nuTonomy in $400M+ deal
Delphi Automotive PLC, one of the world’s largest auto parts suppliers, today announced that it has inked an agreement to buy self-driving car startup nuTonomy Inc. for $400 million. The company will pay up to $50 million more in earn-outs depending on how well the acquisition turns out. Spun out from the Massachusetts Institute of Technology in ...
Cloud Native Computing Foundation adds two open-source security projects
The Cloud Native Computing Foundation, a prominent industry body backed by a who’s who of technology firms, is joining the cybersecurity fray. The group this morning announced that it has taken charge of two open-source projects designed to help developers better protect their applications against hackers. The projects join a dozen technologies already under the ...
To boost its application ecosystem, Salesforce overhauls AppExchange
There’s perhaps no better indicator of the key role partners play in Salesforce.com Inc.’s strategy than the fact that 87 percent of its customers use outside apps. Today, the software-as-a-service giant announced a major update that should put those partner-developed offerings even more front and center. Salesforce has rolled out a new version of its ...
Andreessen Horowitz leads $30M funding of marketing analytics startup ActionIQ
Barely a week seems to go by these days without at least one startup raising capital in a bid to change how companies approach digital marketing. Today, it was ActionIQ Inc.’s turn. The three-year-old firm this morning announced the closing of a $30 million funding round led by venture capital giant Andreessen Horowitz. The fund ...
Cisco to buy cloud communications provider BroadSoft for $1.9B
Cisco Systems Inc. has kicked off the week by announcing plans today to acquire BroadSoft Inc., a Gaithersburg, Maryland-based provider of business communications services, for a hefty $1.9 billion in cash. The price tag amounts to about $1.7 billion net of debt. BroadSoft shareholders stand to receive $55 per share as part of the deal, which ...
Solvvy raises $12M in funding to infuse machine learning into customer service
Solvvy Inc., an artificial intelligence startup based in Palo Alto, California, today announced that it has raised $12 million in funding to streamline the customer service experience. Different companies run their help desks in different ways, but they usually grapple with the same basic set of challenges. These include familiar issues such as inconsistent answers ...