Mike Wheatley
Latest from Mike Wheatley
Google Cloud Run speeds up on-demand AI inference with Nvidia’s L4 GPUs
Google Cloud is giving developers an easier way to get their artificial intelligence applications up and running in the cloud, with the addition of graphics processing unit support on the Google Cloud Run serverless platform. The company said in a blog post today that it’s adding support for Nvidia’s L4 graphics processing units on Google ...
Piramidal raises $6M to advance AI brainwave analysis and improve diagnoses of neurological conditions
Piramidal Inc. stepped into the limelight today, announcing that it has filled its war chest with $6 million in seed funding to tackle the intricacies of brainwave analysis using a specially developed foundational artificial intelligence model. Today’s round was led by Y Combinator, with the participation of several other venture capitalists, including Adverb Ventures, Lionheart ...
IT infrastructure monitoring startup Grafana Labs raises $270M at $6B valuation
Infrastructure monitoring startup Grafana Labs said today it has raised a bumper $270 million via two separate funding transactions, as it looks to solidify its status as a leader in the observability industry. Today’s round is said to have involved all of the company’s prior backers, led by Lightspeed Venture Partners, with participation from GIC, Sequoia ...
OpenAI agrees content licensing deal with Condé Nast to feed SearchGPT and ChatGPT
OpenAI said today it has struck a deal with Condé Nast, a subsidiary of Advance Publications Inc. so artificial intelligence tools such as ChatGPT and SearchGPT will be able to access and display content from publications that include The New Yorker, Vogue, Condé Nast Traveler, Architectural Digest, GQ, Vanity Fair and Wired. The partnership follows ...
BeyondMath raises $8M to transform engineering and design with AI trained on world’s knowledge of physics
Artificial intelligence startup BeyondMath Ltd. said today it has raised $8.5 million in a seed funding round to train its foundational large language models on physics equations, as part of its mission to transform engineering processes through more advanced simulations. Today’s round was led by UP.Partners and saw participation from Insight Partners and InMotion Ventures. ...
Environmentalists sound alarm over Virginia’s data centers as water consumption skyrockets
Concerns are being raised over the environmental impact of Virginia’s data centers after a report revealed they have increased their water consumption by almost two-thirds in the last five years. With the rapid adoption of artificial intelligence, there are fears that the situation will only get worse. The report by the Financial Times cites data obtained ...
Goodfire AI raises $7M to demystify AI systems using mechanistic interpretability techniques
Goodfire AI, a public benefit corporation and research lab that’s trying to demystify the world of generative artificial intelligence, said today it has closed on $7 million in seed funding to help it develop tools for debugging AI systems. Today’s round was led by the high-profile venture capital firm Lightspeed Venture Partners and saw the ...
Hermes 3, a super-creative version of open-source Llama 3.1 AI model, even struggles with inner conflict
Artificial intelligence startups Lambda Inc. and Nous Research today announced the launch of a new large language model called Hermes 3, which it says is a “personalized, unrestricted” version of Meta Platforms Inc.’s open-source Llama 3.1 model. The largest 405 billion parameter version of the Hermes 3 model is unusual in that it displays evidence ...
Applied Materials delivers record third-quarter sales as AI fuels chip demand
Semiconductor industry equipment maker Applied Materials Inc. posted higher-than-expected fiscal third-quarter revenue and profit today, driven by demand from artificial intelligence chipmakers. The company reported earnings before certain costs such as stock compensation of $2.12 per share, beating the analysts’ forecast of $2.03 by a comfortable margin. Revenue rose 5.5% from a year earlier, to $6.78 ...
Autonomous factory firm Hadrian buys Datum Source to cater to defense industry startups
Hadrian Automation Inc., a startup that operates autonomous factories for the defense and space industries, said today it has acquired the procurement software firm Datum Source Inc., whose platform uses artificial intelligence to connect startups with specialist manufacturing partners. The acquisition is being tagged as a strategic move that will enable Hadrian to accommodate the unique ...