Mike Wheatley, Author at SiliconANGLE

Big Data

Databricks reportedly closing on $9.5B mega funding round

By Mike Wheatley Dec 16, 2024

Big data software specialist Databricks Inc. is reportedly closing on what Reuters described Friday as “one of the largest venture capital funding rounds in history.” The company is said to be engaged in talks with…

AI

Meta Platforms joins forces with Elon Musk to try to block OpenAI’s for-profit transition

By Mike Wheatley Dec 15, 2024

Meta Platforms Inc. has joined Elon Musk in his efforts to derail OpenAI’s plans to convert itself into a for-profit company. On Friday, the Wall Street Journal reported that Meta had penned a letter…

Big Data

Embedded analytics startup Embeddable raises €6M in seed funding

By Mike Wheatley Dec 12, 2024

London-based startup Embeddable, whose software makes it easy to embed interactive, customer-facing analytics within any application, said today has closed on a €6 million ($6.28 million) seed funding round. The company, officially known as…

Apps

Gigs gets $73M in funding to help any company spin up a mobile network offering

By Mike Wheatley Dec 12, 2024

Gigs AG, a company that has built a kind of operating system for mobile services, said today it has closed on a $73 million round of funding. The Series B round was led by…

Infra

Shares of Broadcom jump on rising AI chip sales and ‘massive opportunity’ for more

By Mike Wheatley Dec 12, 2024

Shares of the computer chipmaker Broadcom Inc. made big gains in after-hours trading after the company reported a solid earnings beat and said its artificial intelligence revenue tripled from a year earlier. Broadcom Chief…

Cloud

Digital accessibility design startup Evinced raises $55M

By Mike Wheatley Dec 12, 2024

Website and mobile application accessibility startup Evinced Inc. said today it has closed on its biggest funding round to date, raising $55 million. The Series C round was led by Insight Partners and saw…

Infra

Report: Apple working with Broadcom to develop custom chipset for AI

By Mike Wheatley Dec 11, 2024

Apple Inc. is reportedly working with Broadcom Inc. on the development of a customized server processor that will power the artificial intelligence features built into the iPhone maker’s iOS operating system. A report from…

Infra

Optical chip interconnect startup Ayar raises $155M to bring light to AI workloads

By Mike Wheatley Dec 11, 2024

Ayar Labs Inc., a startup that’s developing optical interconnects that can transmit data between computer chips via light, said today it has closed on a hefty late-stage $155 million funding round led by Advent Global…

Cloud

Adobe’s weak forecast stokes fears of AI disruption, sending its stock lower

By Mike Wheatley Dec 11, 2024

Investors sent shares of Adobe Inc. into a tailspin today after the maker of Photoshop could offer only a light forecast for the coming quarter and full year. The company said it’s looking for fiscal…

AI

AIMon raises $2.3M to combat AI hallucinations

By Mike Wheatley Dec 11, 2024

Aimon Labs Inc., the creator of an autonomous “hallucination” detection model that improves the reliability of generative artificial intelligence applications, said today it has closed on a $2.3 million preseed funding round. The money…

Mike Wheatley

Meta Platforms joins forces with Elon Musk to try to block OpenAI’s for-profit transition

Embedded analytics startup Embeddable raises €6M in seed funding

Gigs gets $73M in funding to help any company spin up a mobile network offering

Shares of Broadcom jump on rising AI chip sales and ‘massive opportunity’ for more

Optical chip interconnect startup Ayar raises $155M to bring light to AI workloads

Adobe’s weak forecast stokes fears of AI disruption, sending its stock lower

AIMon raises $2.3M to combat AI hallucinations

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