Mike Wheatley
Latest from Mike Wheatley
Blue Origin to take on Starlink with ultra-high-speed satellite network TeraWave
Jeff Bezos’ space company Blue Origin Enterprises LP today announced plans to launch a new, ultra-high-speed satellite constellation network called TeraWave, which will provide additional competition to Elon Musk’s Starlink. With data speeds of up to 6 terabits per second, it’ll be much faster than any existing satellite-based Wi-Fi network, making it ideal for enterprises, ...
BitGo stock jumps 25% in NYSE debut, then settles up 3%, as crypto entices investors
Updated: The cryptocurrency exchange platform BitGo Holdings Inc. saw its shares jump nearly 25% in early trading today after it raised $213 million late Wednesday from its initial public offering of stock. The shares opened at $22.43 apiece, after the company priced shares at $18 Wednesday, above its previously anticipated range of $15 to $17. At the ...
Agentic risk and compliance automation startup RiskFront raises $3.3M to hunt down financial fraudsters
A Los Angeles-based firm called RiskFront Inc. is ready to unleash a squad of artificial intelligence agents to tackle financial crimes such as fraud and money laundering after raising $3.3 million in preseed funding today. The round was led by Lytical Ventures and saw participation from Flint Capital and Oceans, and will help the company ...
Preply raises $150M to enhance human-led language learning with AI
Global language learning marketplace Preply Inc. said today it has raised $150 million in a late-stage funding round that will help accelerate the adoption of its platform, which pairs human teachers with artificial intelligence co-pilots to enhance learning experiences. WestCap was named as the sole investor in the Series D round, which brings Preply’s total ...
Datarails raises $70M to inject AI smarts into Excel-based finance
Artificial intelligence-native financial platform Datarails Ltd. said today it has closed on a $70 million Series C funding round that brings its total amount raised to more than $175 million. The round was led by the growth equity investor One Peak and saw participation from a host of other backers, including Vertex Growth, Vintage Investment ...
Ivo AI raises $55M to scale contract intelligence for legal teams
Legal artificial intelligence technology startup Ivo AI Inc. said today it has closed on a $55 million funding round as it looks to accelerate the development of its platform and expand its product and engineering teams. The Series B round, which values the company at $355 million, was first reported by Forbes. It was led ...
ServiceNow partners with OpenAI to develop and deploy enterprise-grade AI agents
Enterprise software giant ServiceNow Inc. has inked a three-year deal with OpenAI Group PBC so it can integrate the ChatGPT maker’s most advanced artificial intelligence models into its platforms. The terms of the contract were not disclosed, but the Wall Street Journal reported that it includes a revenue commitment from ServiceNow. The exact value of ...
Anthropic boss Dario Amodei slams Trump over ‘crazy’ decision to sell advanced AI chips to China
Anthropic PBC Chief Executive Dario Amodei today lambasted the U.S. government over its recent U-turn on advanced artificial intelligence chip sales to China, slamming the move as a “major mistake” that will result in “incredible national security implications.” Amodei (pictured), who has a history of making dire warnings about AI’s potential for misuse, was speaking at ...
Modulate’s Ensemble Listening Model breaks new ground in AI voice understanding
A startup called Modulate Inc. wants to turn the world of conversational voice intelligence on its head after developing a novel artificial intelligence model architecture that it says far surpasses the capabilities of traditional large language models. The startup, which has a long history of developing AI for live chat moderation, today announced its first ...
China’s Moonshot AI to close on another massive funding round after its two biggest rivals go public
Moonshot AI, one of China’s top large language model developers, is set to increase its valuation to $4.8 billion via a new round of funding, just weeks after closing on a $500 million raise. The news comes via CNBC, which cited two anonymous sources as saying that the round, which is still under discussion but ...