Mike Wheatley
Latest from Mike Wheatley
Zuckerberg unveils new advances in computer vision AI at SIGGRAPH
Meta Platforms Inc.’s artificial intelligence research team has followed up with a sequel to the popular Segment Anything machine learning model that was released last summer. Segment Anything 2 was announced by Meta Chief Executive Mark Zuckerberg during a wide-ranging fireside chat with Nvidia Corp. CEO Jensen Huang at the SIGGRAPH 2024 event today. It’s ...
Network security firm F5’s stock makes strong gains on solid earnings beat
A solid earnings beat and strong guidance helped push shares of the application services provider F5 Inc. much higher in extended trading today. The company reported fiscal third-quarter earnings before certain costs such as stock compensation of $2.44 per share, cruising past analysts’ consensus target of just $1.98 per share, while revenue came to $695 million, ...
Video game actors to go on strike following breakdown in AI talks with game developers
Video game actors represented by the Screen Actors Guild-American Federation of Television and Radio Artists have voted to go on strike starting Friday, after a breakdown in negotiations with video game studios over protections from artificial intelligence. The rise of generative AI, and its potential to replace humans, was one of the most critical sticking ...
Google’s free Gemini chatbot gets 1.5 Flash update, making responses faster and smarter
Google LLC said today that its Gemini AI chatbot is being updated with support for Gemini 1.5 Flash, a lightweight large language model that’s designed to compete with OpenAI’s GPT-4o mini. Gemini 1.5 Flash is being made accessible to all users, regardless of their subscription level. With the update, Google said, users will see “across-the-board” improvements ...
Juniper disappoints with earnings that fall well short of forecasts
Juniper Networks Inc. delivered disappointing financial results today in what is likely to be one of the last times it reports as an independent company, prior to being gobbled up by Hewlett Packard Enterprise Co. The company, which is in the process of being acquired by HPE for $14 billion, missed expectations on both earnings ...
Microsoft debuts AI-powered summaries in Bing search engine
Microsoft Corp. today finally unveiled its response to Google LLC’s experimental AI-powered search experience, with the limited preview launch of a new feature called Bing Generative Search. The company said the new feature combines the foundation of Bing’s search results with the power of large and small language models, known as LLMs and SLMs. In ...
High-profile ServiceNow executive CJ Desai quits over internal hiring policy violation
CJ Desai leaves ServiceNow Inc. following an investigation into a complaint over the sales process for a government contract that revealed serious policy violations, the company announced today. Desai (pictured) who was both president and chief operating officer at ServiceNow, was found to have violated the company’s internal policies over the hiring of the former ...
Higher AI bookings help IBM deliver solid earnings beat, pushing its stock higher
Shares of IBM Corp. were riding around 3% higher in extended trading today after the company reported solid second-quarter financial results that surpassed analysts’ expectations, driven by increased artificial intelligence spending by its largest enterprise customers. The company reported earnings before certain costs such as stock compensation of $2.43 per share, comfortably ahead of analysts’ ...
Lakera AI raises $20M to ward off malicious prompts on generative AI models
Generative artificial intelligence threat detection startup Lakera AI AG, which is notable for creating one of the world’s largest “AI red-teams” for testing generative AI models, said today it has closed on a $20 million early-stage round of funding. Today’s Series A round was led by the European venture capital firm Atomico and saw participation ...
AI trust startup Vijil raises $6M to prevent AI agents saying the wrong things
Artificial intelligence safety startup Vijil AI Inc. has closed on $6 million in seed funding as it launches its first cloud-based tools that promise to help companies build and deploy more reliable generative AI agents. Today’s round was co-led by Mayfield LLC’s AIStart seed fund and Google LLC’s AI-focused seed fund, Gradient Ventures. Vijil is ...