Maria Deutscher
Latest from Maria Deutscher
Canva Inc. has acquired Serif Ltd., a company with a suite of graphic design applications used by more than 3 million customers. The deal was announced today. Canva co-founder and Chief Operating Officer Cliff Obrecht told Bloomberg that the transaction values U.K.-based Serif …
HPE integrates custom AI models into Aruba Networking Central
Hewlett Packard Enterprise Co. is upgrading Aruba Networking Central, its cloud-based network management platform, with large language models designed to make administrators more productive. The company announced the update today. The models complement the platform’s existing artificial intelligence features, which ease tasks …
Report: UXL Foundation seeks to prepare alternative to Nvidia’s CUDA by year’s end
The UXL Foundation, a group of major chip industry players, expects that its alternative to Nvidia Corp.’s CUDA technology will become “mature” by year’s end. Reuters reported the group’s development schedule today. The technology the UXL Foundation’s members are building could make …
Foundational nabs $8M to help developers fix data quality issues faster
Foundational Data Inc., a startup helping enterprises ensure their internal datasets are accurate, today announced that it has raised $8 million to finance growth initiatives. Viola Ventures and Google LLC’s Gradient Ventures fund led the seed round. They were joined by executives …
Samsung co-leads $60M funding round for chip interconnect startup Eliyan
Chip interconnect startup Eliyan Corp. today announced that it has secured $60 million in new funding from a group of prominent investors. Samsung Catalyst Fund and Tiger Global led the Series B round. They were joined by several other institutional backers, including …
Report: GPU cloud operator CoreWeave seeking new funding at $16B valuation
CoreWeave Inc. is holding talks about a new funding round that could value it at $16 billion, Bloomberg reported today. That sum is more than double what the company was worth in December and would represent an eightfold increase over its April …
Apple reportedly cancels internal effort to develop custom microLED displays
Apple Inc. has reportedly canceled an internal effort to develop microLED screens, which offer better display quality than competing technologies and are less susceptible to certain malfunctions. Bloomberg reported the move today, citing people familiar with the matter. Apple reportedly scrapped the …
Foundry launches with $80M in funding to build an AI-optimized public cloud
Foundry Technologies Inc., the operator of a cloud platform optimized for artificial intelligence workloads, launched today with $80 million in funding. Fortune reported that Lightspeed Venture Partners and Sequoia Capital led the investment. They were joined by more than a dozen other …
Microsoft debuts enterprise-focused Surface Pro 10 and Surface Laptop 6
Microsoft Corp. today debuted the Surface Pro 10 for Business and the Surface Laptop 6 for Business, the two latest additions to its line of enterprise-focused Windows computers. The devices feature not only improved specifications but also new software. Workers can use …
Redis acquires storage engine startup Speedb to enhance its open-source database
Redis Ltd. has acquired Speedb Ltd., the developer of a storage engine it uses to power its commercial database offerings. The company didn’t disclose the financial terms in its announcement of the deal today. Tel Aviv-based Speedb previously raised $4 million through …