Maria Deutscher
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Nvidia’s stock dives 14% after it slashes revenue guidance by $500M
Nvidia Corp. today slashed its revenue guidance for the fourth quarter by $500 million, sparking an investor selloff that sent its stock dropping as much as 17 percent. The graphic card maker’s shares fell nearly 14 percent today, which amounts to more than $14 billion in lost value. It’s the second major stock price crash to ...
Report: Facebook is working to integrate Messenger, WhatsApp and Instagram
Facebook Inc. is said to be in the early stages of a large-scale project to merge the infrastructure behind Messenger, WhatsApp and Instagram into a unified messaging backend. The plan was reported by The New York Times today. Citing four people familiar with the matter, the paper said that the initiative involves thousands of Facebook employees ...
With new AlphaStar system, DeepMind racks up another AI first
After training an artificial intelligence model to master chess and Go, Alphabet Inc.’s DeepMind subsidiary has embarked on a new project: cracking the code on a hit video game seen by researchers as one of the “grand challenges” of AI. The group has built a dedicated deep learning system called AlphaStar for the game in ...
Apple restructures its Project Titan self-driving car group, cutting 200+ staff
Apple Inc. has dismissed more than 200 employees from Project Titan, the secretive business unit that leads its efforts in the autonomous driving segment. The cuts, which were reported today by CNBC and confirmed in a company statement, took place this week. Some of the affected staffers are said to have been laid off while ...
AWS debuts WorkLink to simplify mobile security for enterprises
Amazon Web Services Inc. has launched a new managed security product called WorkLink to help companies address the growing trend of workers accessing internal applications on the go. One of the areas where the service, which debuted late Wednesday, sets itself apart is usability. Virtual private networks and mobile device management suites, the products that enterprises normally use to enable secure ...
Microsoft launches IoT Hub Device Streams to ease connected device operations
For enterprises that rely on connected devices such as industrial sensors in their operations, making sure the hardware can be properly maintained is a major priority. It’s a need that Microsoft Corp. is looking to address with a new “internet of things” service called IoT Hub Device Streams. Launched today, the offering builds on the IoT Hub device management platform ...
With Scout robotic rover, Amazon expands autonomous delivery ambitions
In November, Amazon.com Inc.’s cloud division debuted a miniature autonomous racer intended to provide a platform for developers to test machine learning models. Now, it’s looking like the project may have just been the side product of a far more ambitious development effort. Amazon today unveiled a six-wheel, cooler-sized package delivery robot dubbed Scout (pictured). ...
Intel debuts AI-powered camera system for robots and AR applications
Intel Corp. today debuted a camera system for robots, drones and augmented reality applications that uses a built-in deep learning chip to process visual information. The new RealSense Tracking Camera T265 (pictured) sports two wide-angle fisheye lenses that can each capture footage in a more than 160-degree field of view. They’re powered by a Movidius ...
A new open-source unicorn is born as Confluent bags $125M at $2.5B valuation
Confluent Inc., a startup dedicated to commercializing the open-source Apache Kafka project, joined Silicon Valley’s unicorn club today after revealing that it has raised a late-stage $125 million round at a $2.5 billion valuation. Sequoia Capital led the Series D investment with participation from two other prominent venture capital firms, Index Ventures and Benchmark. The ...
Google brings BigCommerce, and 60,000 online merchants, to its cloud platform
Google LLC’s latest major cloud deal will see it become the primary infrastructure provider for BigCommerce Inc., an e-commerce technology provider that supports more than 60,000 merchants worldwide. The companies announced the deal today. BigCommerce, which is backed by $220 million from investors including SoftBank Group Corp, has already moved the bulk of its customer base ...