Maria Deutscher
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Nvidia’s new Pegasus chip targets tomorrow’s fully autonomous vehicles
There is still a way to go before self-driving vehicles can achieve true autonomy as defined by the U.S. Department of Transportation’s five-level automobile classification system. But according to Nvidia Corp., the processors needed to support the capability is already here. Jensen Huang (pictured), chief executive of the chip giant, today unveiled a new computing module code-named Pegasus at ...
SoftBank leads hefty $93M funding round for enterprise AI startup Petuum
Petuum Inc. is looking to help more companies take advantage of artificial intelligence and build self-learning applications. To support the effort, the Pittsburgh-based startup has raised $93 million in a newly announced funding round. The investment, announced today, was led by a subsidiary of Japanese telecommunications giant SoftBank Group Corp., a major force in the venture capital ...
Mimecast launches new cloud platform for safekeeping workers’ emails
Although chat services such as Slack are making significant inroads into the enterprise, email remains the go-to communications tool in many situations. Managing the countless messages produced by a large company’s employees on a day-to-day basis requires an extensive set of tools. One of the most basic necessities is an archiving system for preserving correspondences with ...
GM acquires LiDAR startup Strobe to advance its self-driving car plans
Many of the car makers and tech firms currently developing self-driving vehicles source sensory equipment from external suppliers, but General Motors Co. intends to build its own. To that end, the auto giant today said it has acquired Strobe Inc., a low-key hardware startup based in Pasadena, California. The financial terms of the deal were not ...
Chef launches Habitat Builder to ease application deployment
Development automation giant Chef Software Inc. has cooked up another product for speeding up application projects. Unveiled this morning, Habitat Builder is a new cloud service designed to reduce the amount of work involved in pushing code to production. It’s derived from a similarly named command-line tool that Chef launched last year. The offering applies ...
GitLab raises $20M round led by GV, adds WordPress creator to board
GitLab Inc. has won the support of yet another high-profile investor. The code hosting and management startup today announced that it has completed a $20 million funding round led by GV, Alphabet Inc.’s venture capital arm. The investment adds the search giant to an already formidable list of backers that includes Khosla Ventures, August Capital and Y ...
Shares of data center operator Switch jump 30% following $531M IPO
Switch Inc.’s first day as a public company is off to a strong start. Shares of the Las Vegas-based data center operator, which hosts infrastructure for many of the world’s best-known tech firms, started trading at $21.70 apiece this morning and have since passed the $22 mark. The jump represents a more than 30 percent increase over ...
Google unveils new supersized cloud instances with 96 processor cores
Fresh off its gadget-packed press conference on Wednesday, Google LLC is shifting focus to the enterprise with a major cloud update. In a blog post published today, the company introduced a new class of virtual machines for the Google Cloud Platform. The series is based on Intel’s Skylake chip architecture and offers 96 cores with every instance. That’s ...
Bluecore raises $35M to help brands target shoppers online
In the Amazon.com Inc. era, retailers and other consumer-facing companies are increasingly doing their business online. Bluecore Inc. is using analytics to help them better target shoppers on the web. More than 400 brands work with the New York-based startup, which on Wednesday announced that it has closed a $35 million funding round led by ...
Following health data controversy, Google’s DeepMind forms AI ethics unit
Criticized for a controversy over the improper use of health data, DeepMind Technologies Ltd., Google LLC’s artificial intelligence research division, is expanding the scope of its work beyond the technical realm. The U.K.-based group this morning announced the launch of a new team tasked with exploring the ethical challenges that accompany the spread of AI. The ...