Mike Wheatley
Latest from Mike Wheatley
Chekable bags funding from NEC to streamline patent applications with generative AI
Chekable Inc., a startup that’s using generative artificial intelligence to automate the patent application and search process, said today it has closed on an undisclosed investment from NEC X, the Silicon Valley accelerator of NEC Corp., after graduating from its Elev X! Ignite venture studio program. The new investment is meant to help Chekable scale up ...
Compliance automation and trust management startup Vanta raises $150M
Cybersecurity compliance startup Vanta Inc. said today it has closed on a $150 million round of funding, cementing its status as a leader in the emerging “trust management” sector. Today’s Series C round was led by Sequoia Capital and saw the involvement of new investors Goldman Sachs Ventures and J.P. Morgan, plus returning investors Atlassian ...
Splight raises $12M to unlock the potential of renewable energy sources with AI
Grid operations startup Splight AI Inc. said today it has closed on a $12 million seed funding round to help fuel its mission of scaling up access to clean energy worldwide. Today’s round was led by Noa, formerly A/O, and saw participation from a host of other venture capital firms, including Elewit, EDP Ventures, Draper ...
Iterative debuts DataChain for curating and processing unstructured data with AI models
A startup called Iterative Inc., which is focused on helping to improve and streamline workflows for artificial intelligence engineers, today announced a new open-source tool called DataChain that it says will transform the way unstructured data is curated, processed and evaluated, by using large language models. The company explains that unstructured data is vital for ...
Researchers develop new technique for squeezing full-fat AI models into PCs and smartphones
Artificial intelligence researchers from Yandex LLC and NeuralMagic Inc. said today they have made significant progress in their efforts to compress powerful large language models such as Meta Platforms Inc.’s Llama 2, so they can be deployed on everyday devices such as smartphones and smart speakers. The researchers, in collaboration with academics from the Institute ...
Intel says patch is coming to fix processor instability problem plaguing gamers for months
Chipmaker Intel Corp. says it has finally identified the cause of the widespread instability issues that have plagued its 13th and 14th Gen Core processors. In an update posted today, the company said its central processing units are suffering from a problem related to “elevated operating voltage” and, most importantly, revealed that a fix – ...
NXP Semiconductor’s stock falls on weak outlook
Shares of NXP Semiconductors N.V. were trending lower in late trading today after the chipmaker provided an earnings and revenue outlook that disappointed investors. That came after it posted second-quarter results that fell more or less in line with analysts’ estimates. The company reported earnings before certain costs such as stock compensation of $3.20 per share, ...
Dutch chip manufacturing quality control startup Nearfield Instruments raises €135M
Semiconductor manufacturing gear startup Nearfield Instruments B.V. said today it has closed on €135 million ($147.6 million) in new funding to accelerate the growth of its novel process control systems for the chipmaking industry. Today’s Series C round was led by the U.S. venture capital firm Walden Catalyst and Singapore-based Temasek. M&G Investment, Innovation Industries, ...
Report: Collaboration software firm Smartsheet discussing potential buyout with private equity
Enterprise work management and collaboration software firm Smartsheet Inc. is holding talks with U.S. investment bankers after attracting interest from private equity firms exploring the possibility of a buyout, Reuters reported today. The Bellevue, Washington-based company, which has a market capitalization of $6.6 billion, is reportedly working with Qatalyst Partners to review the approaches of ...
Healthcare revenue collection startup Thoughtful AI raises $20M in early-stage funding
Healthcare industry-focused revenue cycle management startup Thoughtful Automation Inc. said today it’s ready to accelerate its business after closing on a $20 million early-stage funding round. Today’s Series A round was led by Nick Solaro of Drive Capital and saw the participation of existing investor TriplePoint Capital. It brings the startup’s total amount raised to ...