Maria Deutscher
Latest from Maria Deutscher
Updated: TikTok plans to make its popular social media app inaccessible in the U.S. on Jan. 19, The Information reported this morning. The looming shutdown is connected with a ban on the service that will go into effect the same day. TikTok …
Microsoft and Google roll out new pricing for their AI productivity tools
Microsoft Corp. and Google LLC today revamped the pricing of the generative artificial intelligence features built into their respective productivity suites. The changes are part of an effort on the companies’ part to boost the adoption of their AI tools among business …
AI chip startup Blaize goes public via $1.2B SPAC merger
Blaize Holdings Inc., a startup developing artificial intelligence chips optimized for power-efficiency, today announced that it will go public on the Nasdaq stock exchange. The listing will take the form of a SPAC merger. In such deals, investors create a so-called special-purpose …
Biden signs executive order that will make federal lands available for AI infrastructure
President Joe Biden today signed an executive order that will make federal lands available for artificial intelligence data centers. The order also seeks to support green energy projects that can meet those facility power requirements. According to The Verge, the Lawrence Berkeley …
UK launches antitrust investigation into Google’s search business
The U.K.’s antitrust regulator has launched a probe into Google LLC’s practices in the search market. The Competition and Markets Authority, or CMA, announced the investigation today. The move comes four months after a U.S. court found that Google maintains an illegal …
Microsoft forms new AI engineering group led by Jay Parikh
Microsoft Corp. is forming a new engineering group that will be led by Jay Parikh, a former Meta Platforms Inc. executive who joined the company last year. Microsoft Chief Executive Officer Satya Nadella announced the move today in a note to employees. …
Clearwater acquires Enfusion in $1.5B financial software deal
Clearwater Analytics Holdings Inc. today announced plans to acquire Enfusion Inc., a fellow provider of financial software, for $1.5 billion in cash and stock. The offer amounts to $11.5o per share. That’s a 32% premium to Enfusion’s closing price on Sept. 19, …
Biden administration announces new AI chip export controls
The Biden administration today announced new export restrictions focused on artificial intelligence chips and proprietary neural networks. The restrictions are outlined in a policy document known as the Interim Final Rule on Artificial Intelligence Diffusion. According to Axios, the goal is to …
Overhaul raises $55M for its AI-powered cargo management platform
Overhaul Group Inc., a startup helping enterprises protect merchandise while it travels through their supply chains, has raised $55 million in fresh funding. The company said in its announcement of the round today that Springcoast Partners was the lead investor. Returning backers …
Supreme Court reportedly leaning toward upholding TikTok ban
The U.S. Supreme Court is expected to uphold a law that requires ByteDance Ltd. to sell TikTok or face a ban of the app. Several publications reported on the court’s position today following a three-hour hearing about the matter. During the hearing, …