Mike Wheatley, Author at SiliconANGLE

Infra

TikTok parent ByteDance plans to spend $7B on cloud-based GPUs this year to fuel its AI ambitions

By Mike Wheatley Jan 1, 2025

TikTok’s parent company ByteDance Ltd. reportedly has a plan to get around tough U.S. restrictions on the export of advanced computer chips to China. The company is said to be planning to spend a…

AI

Alibaba Cloud announces aggressive LLM price cuts in bid to dominate China’s AI market

By Mike Wheatley Jan 1, 2025

Alibaba Cloud said Tuesday that it’s slashing the price of access to its most advanced large language models by up to 85% in a bid to generate more interest from Chinese businesses. The move…

Apps

Employer.com acquires troubled bookkeeping startup Bench, ending chaos for customers

By Mike Wheatley Dec 30, 2024

Just days after shocking and angering some customers over the manner of its sudden shutdown, the accounting software startup Bench Accounting Inc. says it’s now being acquired by Employer.com Inc. The acquisition was announced in blog…

Apps

Mexico to launch emergency app for citizens facing deportation from US

By Mike Wheatley Dec 29, 2024

Mexican officials say they’re developing a new emergency mobile application that’s meant to aid citizens in the U.S. who fear imminent detention by immigration authorities. The app, which was announced by Mexico Foreign Secretary…

Security

US proposes tougher cybersecurity rules for healthcare organizations

By Mike Wheatley Dec 29, 2024

Healthcare providers in the United States might be forced to beef up their cybersecurity practices in the wake of new proposals made by the U.S. Department of Health and Human Services. It proposes new…

Apps

StruxHub raises $4M to streamline construction operations management

By Mike Wheatley Dec 27, 2024

Construction operations software startup StruxHub Inc. said today it has closed on a $4 million seed funding round led by Brick and Mortar Ventures. Others, including FJ Labs, Holcim and a host of angel…

Infra

Leaks reveal beefed-up specifications for Nvidia’s next-gen GB300 AI server

By Mike Wheatley Dec 26, 2024

Details of Nvidia Corp.’s next generation artificial intelligence server, the GB300 platform, have been leaked by Chinese media, and it’s expected to deliver some big improvements in terms of memory, performance, connectivity and cooling.…

Infra

Italian energy giant Eni cranks up world’s 5th most powerful supercomputer

By Mike Wheatley Dec 26, 2024

Italian energy giant Eni S.p.A. has lifted the lid on one of the world’s most powerful new supercomputers, saying it will use the machine to scale up its oil and gas discovery efforts and…

AI

Chinese AI model maker Stepfun raises hundreds of millions in Series B funding

By Mike Wheatley Dec 26, 2024

Chinese generative artificial intelligence model maker Stepfun has reportedly closed on a bumper funding round worth “several hundred million dollars” from a host of investors including state-owned private equity firms and local technology giants. The…

Blockchain

Russia’s finance minister reveals bitcoin is being used to conduct foreign trade

By Mike Wheatley Dec 25, 2024

Russia’s finance minister has revealed domestic companies are already using bitcoin and other digital currencies as a mechanism for international payments. The admission comes after the country issued legislative changes allowing the use of…

Mike Wheatley

Employer.com acquires troubled bookkeeping startup Bench, ending chaos for customers

Mexico to launch emergency app for citizens facing deportation from US

US proposes tougher cybersecurity rules for healthcare organizations

StruxHub raises $4M to streamline construction operations management

Leaks reveal beefed-up specifications for Nvidia’s next-gen GB300 AI server

Italian energy giant Eni cranks up world’s 5th most powerful supercomputer

Chinese AI model maker Stepfun raises hundreds of millions in Series B funding

Russia’s finance minister reveals bitcoin is being used to conduct foreign trade

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