Mike Wheatley
Latest from Mike Wheatley
Big-data management company Komprise Inc. said today it’s expanding its popular Elastic Data Migration platform, with new capabilities that allow it to automate fully every step of the most complex enterprise data migrations. The company specializes in unstructured data management, and one …
OpenAI COO Brad Lightcap takes on expanded role as CEO Sam Altman shifts focus to research
OpenAI Chief Operating Officer Brad Lightcap’s role at the company is being expanded, and he’ll henceforth be tasked with running the company’s “business and day-to-day operations,” giving Chief Executive Sam Altman more time to focus on research and products. In a blog …
Browser Use raises $17M to help steer AI agents through the internet
Agentic artificial intelligence startup Browser Use believes it can play a critical role in helping so-called AI agents navigate the web after closing on a $17 million funding round Saturday. Felicis Ventures led the round, which also saw participation from A Capital, …
Rerun gets $17M to build the essential data infrastructure for AI-powered robots, drones and cars
Stockholm-based startup Rerun.io AB announced today it has raised $17 million in seed funding to build out a multimodal data stack for what it calls “physical AI.” Today’s round was led by Point Nine and saw participation from Sunflower Capital and existing …
Money-hungry AI search startup Perplexity in talks to raise up to $1B in fresh funding
The artificial intelligence search application company Perpexity AI Inc. is gearing up for yet another mammoth funding round, according to the latest chat from Bloomberg and CNBC. Anonymous sources told Bloomberg that the early-stage discussions with investors could see the company raise …
Micron’s stock falls despite solid jump in revenue from AI memory chips
Updated: Memory chip maker Micron Technology Inc. posted a strong earnings and revenue beat, demonstrating that it’s still enjoying a significant boost from artificial intelligence. Growth in sales of its highest-capacity memory products was rampant, and its stock moved higher after-hours. However, …
Report co-authored by Fei-Fei Li stresses need for AI regulations to consider future risks
A new report co-authored by the artificial intelligence pioneer Fei-Fei Li urges lawmakers to anticipate future risks that have not yet been conceived when drawing up regulations to govern how the technology should be used. The 41-page report by the Joint California Policy …
OpenAI’s new reasoning model o1-pro is powerful but pricey
OpenAI is upping the stakes for artificial intelligence reasoning applications with the debut of a more powerful version of its popular o1 model. The company has just launched o1-pro, making it available through its new developer application programming interface called Responses API. …
SoftBank agrees to buy Arm chipmaker Ampere Computing for $6.5B
SoftBank Group Corp. late today confirmed that it will buy the chipmaker Ampere Computing LLC in a deal that’s valued at $6.5 billion. It said it expects the acquisition to close during the second half of the year, according to a statement. Oracle …
Skidattl wants to make augmented reality overlays ubiquitous with QR codes
Augmented reality integration startup Skidattl says it’s looking to bridge the gap between the digital and physical worlds with today’s launch of its easily accessible augmented reality technology, which promises to transform how users interact with any physical space. The startup, officially …