Mike Wheatley
Latest from Mike Wheatley
White House forces Anthropic to disable new frontier models following abrupt export ban
Anthropic PBC was forced just to abruptly pull the plug on foreign access to two of its most powerful artificial intelligence models, Fable 5 and Mythos 5, just days after it launched them. The sudden decision just before the weekend to do so came shortly after the U.S. Commerce Department issued a sweeping export control ...
Adobe beats expectations but another top executive leaves, putting pressure on its stock
A bad day for the creative software company Adobe Inc. was made even worse after it revealed another top executive is departing, as the news overshadowed a solid earnings and revenue beat. The company said today that Chief Financial Officer Dan Durn is going to leave on June 15, having served in the role for ...
After raising record $75B in IPO, Elon Musk’s SpaceX pops 20% in trading debut
Updated with Friday’s trading: Shares of Elon Musk’s Space Exploration Technologies Corp. jumped 19% over their $135 asking price Friday morning after one of the most hotly anticipated initial public stock offerings in living memory. The stock closed at about $161, valuing the company at $2.1 trillion. The rocket company sold 555.6 million shares at that ...
Alice & Bob unveils its first quantum hardware system to advance qubit fault tolerance
Fault-tolerant quantum computing specialist Alice & Bob SAS today unveiled its first, full-fledged hardware platform for on-premises deployments, marking its graduation from a quantum chipmaker to a complete system developer. The new Alice & Bob Helium Quantum System is designed to encode the company’s first logical qubit with as little as 18 cat-qubits. The system ...
Data center infrastructure startup TensorWave raises $350M to help break Nvidia’s AI chip monopoly
Cloud-based artificial intelligence infrastructure startup TensorWave Inc. said today it has closed on a bumper $350 million Series B funding round as it strives to meet demand for an alternative to Nvidia Corp.’s graphics processing units. The round was co-led by Magnetar and AMD Ventures, the venture capital arm of the chipmaker Advanced Micro Devices ...
Anthropic’s Dario Amodei wants governments to have the power to block ‘dangerous’ AI systems
Anthropic PBC Chief Executive Dario Amodei is calling on the U.S. government to block the deployment of dangerous artificial intelligence models in the same way as it prevents unsafe airplanes from taking off. In a new post today on his personal blog, Amodei (pictured) said there need to be mandatory third-party audits of frontier AI ...
Oracle’s AI investments spook investors despite impressive earnings and revenue beats
Shares of Oracle Corp. fell 9% in late trading today even though it surpassed Wall Street’s expectations on earnings and revenue and raised its profit forecast for the next financial year. The problem: The database and cloud infrastructure giant revealed plans to raise even more debt to fund its ongoing artificial intelligence data center buildout. The ...
AWS’ powerful Graviton5 CPU makes its debut in new M9g and M9gd cloud instances
Amazon Web Services Inc.’s next-generation custom silicon is finally being made accessible to customers for the first time with the launch of the Elastic Compute Cloud M9g and M9gd instances. They’re powered by the all-new Graviton5 central processing unit, which is designed to deliver superior compute performance for diverse cloud workloads, including artificial intelligence applications. ...
Lium raises $5.5M to unlock complex scientific data for AI models
Lium, a startup formerly known as Astromind, today announced the launch of an “agentic harness” that helps large language models dig into the most complex and messiest datasets. The launch comes after it closed on $5.5 million in seed funding from investors that included SJF Ventures, Wavemaker 360, Reach Capital and GC&H Investments. The Dallas-based ...
Exclusive: Relai raises $6.9M to enable verifiable and continuous learning for AI agents
Artificial intelligence infrastructure startup Relai Inc. said today it has closed on $6.9 million in funding as it bids to ensure the reliability of autonomous AI agents for enterprises. The company also announced the launch of its verifiable “continual learning” platform, which is designed to transform agents’s failures, traces, evaluations and also human feedback into ...