Mike Wheatley
Latest from Mike Wheatley
Artificial intelligence infrastructure startup Parasail Inc. today announced the launch of its new AI Deployment Network, a new cloud-hosted platform that provides enterprises with immediate, cost-efficient and on-demand access to powerful graphics processing units. Parasail says its AI Deployment Network is special …
Kong’s updated AI Gateway helps to secure AI model production deployments
The application programming interface technology company Kong Inc. today announced an updated version of the Kong AI Gateway, introducing new features that it says will enable the necessary security and governance controls for enterprises to deploy generative artificial intelligence and AI agents …
DevOps startup Opsera raises $20M to accelerate software delivery with AI agents
Devops orchestration startup Opsera Inc. said today it has closed on a $20 million round of funding as it looks to position itself at the forefront of an artificial intelligence-powered revolution in software delivery. Today’s round was led by Prosperity 7 and …
FurtherAI gets $4M in funding to further AI automation in the insurance sector
FurtherAI Inc., an artificial intelligence startup that’s focused on furthering automation in the insurance industry, has gotten the money it needs to do that after closing on a $4 million round of funding. Today’s round was led by Nexus Venture Partners, which …
Humanoid robot creator Agility Robotics targets $400M funding round
Humanoid robots in the workplace are moving closer to reality with the news that Agility Robotics Inc. is closing in on a $400 million funding round to help it start mass-producing its autonomous, bipedal warehouse machines. That’s according to a report in …
Emergence AI is using AI agents to build new AI agents in real-time
Emergence AI is emerging from the shadows with a fresh take on artificial intelligence agents, using them to create yet more agents that can perform more complicated tasks on behalf of workers. The startup today announced the launch of a new, automated …
Progress Software pleases investors as it beats expectations and raises its full-year guidance
Things are looking up for Progress Software Corp. after it posted a solid earnings and revenue beat and raised its full-year outlook, sending its stock higher in extended trading. The company delivered first-quarter earnings before certain costs such as stock compensation of …
OpenAI to launch its first ‘open-weights’ model since 2019
OpenAI is looking to experiment with a more “open” strategy, detailing its plans to release its first “open-weights” model to the developer community later this year. The company has created a feedback form for developers on its website to provide input into …
Lightmatter turbocharges GPU connectivity with its first photonics-based networking interconnects
The silicon photonics pioneer Lightmatter Inc. says it’s ready to spearhead a revolution in data center connectivity with the coming launch of its first 3D co-packaged optics product, Passage L200. The Passage L200, which will be available in 32 terabyte and 64TB …
OpenAI bags $40B in funding, increasing its post-money valuation to $300B
OpenAI has closed on one of the largest-ever funding rounds for a private company, raising $40 billion at a $300 billion post-money valuation. The bumper funding round was led by SoftBank Group Corp. and saw participation from existing backers of OpenAI, including …