Mike Wheatley
Latest from Mike Wheatley
SK Hynix announces $75B investment to boost AI chipmaking business
SK Group, the parent of South Korean memory chipmaker SK Hynix Inc., said today it’s planning to invest $74.6 billion into its chip business over the next three years, while setting aside an additional $58 billion especially for artificial intelligence-related technologies and shareholder returns. The new investment is apparently in addition to the $90 billion ...
OpenAI’s CriticGPT uses generative AI to spot errors in generative AI’s outputs
OpenAI’s latest innovation is called CriticGPT, and it was built to identify bugs and errors in artificial intelligence models’ outputs, as part of an effort to make AI systems behave according to the wishes of their creators. Traditionally, AI developers use a process known as Reinforcement Learning from Human Feedback or RLHF to help human ...
Meta’s new LLM Compiler could transform the way software is compiled and optimized
Meta Platforms Inc.’s artificial intelligence research team said today it’s open-sourcing a suite of robust AI models called the Meta Large Language Model Compiler. According to the researchers, it can transform the way developers go about code optimization for LLM development, making the process faster and more cost-efficient. In a blog post, Meta’s systems research ...
Nokia to buy Infinera for $2.3B to scale up its optical networking business
Finnish networking giant Nokia Corp. has announced plans to acquire Infinera Corp. in a $2.3 billion deal that’s intended to help grow its optical networks business. The company, which makes telecommunications infrastructure such as 5G cellular antennas, said today that the acquisition of Infinera will help speed up its optical networks businesses’ path towards double-digit ...
Box announces unlimited queries for Box AI and coming integration with GPT-4o
Box Inc. today is enhancing its popular AI service that helps to increase the productivity of business workers, adding new features that will make it more powerful. The cloud content management company also announced unlimited queries for Enterprise Plus subscribers in order to meet the growing demand for Box AI’s capabilities. Box AI is a suite ...
Orby AI raises $30M to take business process automation to the next level with generative AI
Generative artificial intelligence-powered enterprise automation startup Orby AI Inc. today revealed it has closed on a $30 million early-stage funding round, fueling its mission to eliminate mundane processes from work. Today’s Series A round was led by New Enterprise Associates, Wing VC and Jeffrey Katzenberg’s WndrCo. Pear VC also participated, having co-led the company’s original ...
Illumex raises $13M to add more meaning and context to structured data used by generative AI
Big-data readiness startup Illumex Technologies Inc., which aims to overcome the challenges associated with structured information, said today it has closed on a $13 million seed funding round. Today’s round was led by Cardumen Capital, Amdocs Ventures and Samsung Ventures, and saw the participation of ICI Fund, Jibe Ventures, Iron Nation Fund, Ginnosar Ventures, ICON ...
Micron’s stock slumps as fourth-quarter guidance disappoints
Chipmaker Micron Technology Inc. reported solid third-quarter financial results today, beating expectations on earnings and revenue, but its topline forecast for the current quarter was only in line with analyst’s projections, disappointing investors. The company reported quarterly earnings before certain costs such as stock compensation of 62 cents per share, beating Wall Street’s consensus estimate of ...
Intel shows off first fully integrated optical compute interconnect, designed to scale up AI workloads
Intel Corp. said today it has achieved another key milestone as it strives to make integrated photonics technology for high-speed data transfers a reality. The chipmaker showed off what it says is the industry’s first-ever “fully integrated optical compute interconnect,” or OCI, chiplet, co-packaged with an Intel-made central processing unit. The new chip was showcased ...
EvolutionaryScale raises $142M in seed funding to accelerate AI-powered protein discovery
Biology-focused artificial intelligence startup EvolutionaryScale Inc. said today it has raised $142 million in a seed funding round to transform the way scientists create novel proteins for scientific research. Today’s round was led by Nat Friedman, Daniel Gross and Lux Capital, and saw participation from Amazon Web Services Inc. and Nvidia Corp.’s venture capital arm. ...