Mike Wheatley
Latest from Mike Wheatley
Hopsworks wants to make a splash with the industry’s first AI data lakehouse
Swedish data lakehouse company Hopsworks AB is pitching what it says is the industry’s “first unified platform for building batch, real-time and large language model” artificial intelligence systems. In the Hopsworks 4.0 release, the company is enhancing its flagship platform with multiple new capabilities designed to help AI systems leverage real-time data, including a new ...
Samsung expects 15X profit increase, fueled by massive demand for AI chips
Samsung Electronics Co. Ltd. says its operating profit is likely to increase almost 15-fold during the second quarter from the same period a year ago, the jump thanks to the growing demand from enterprises for memory chips essential for artificial intelligence workloads, analysts believe. The world’s biggest memory chip maker and leading smartphone and TV ...
Proton debuts privacy-focused alternative to Google Docs and Microsoft Word that rejects AI assistance
Swiss privacy technology company Proton AG is looking to challenge Google LLC and Microsoft Corp. with the launch of its new word processing tool and document editor, Docs in Proton Drive. Announced today, the new offering looks and feels like Google Docs, with many of the same document creation features used by millions of office ...
Report: China leads the world in generative AI patents
Data from the United Nations shows that China is far ahead of any other country in terms of generative artificial intelligence inventions, having filed six times as many patents as the U.S. The World Intellectual Property Organization, which operates a global system for countries to share recognition of patents, said in a report that more ...
Figma disables new AI tool that repeatedly cloned Apple’s Weather app
The collaborative design software company Figma Inc. has quickly disabled its recently launched generative artificial intelligence-powered application design tool after it blatantly copied the look and style of Apple Inc.’s Weather application on numerous tests. The new feature, called “Make Design,” leans on generative AI and large language models to spin up full-fledged applications for ...
Generative AI coding assistant startup Magic AI looking to raise $200M at $1.5B valuation
The generative artificial intelligence-powered coding startup Magic AI Inc. is reportedly hoping to raise more than $200 million in a new funding round that will bring its value to $1.5 billion. The talks are ongoing just months after the company closed on a $23 million Series A round of funding. Reuters cited three unnamed sources today as ...
Anthropic launches new program to fund creation of more reliable AI benchmarks
Generative artificial intelligence startup Anthropic PBC wants to prove that its large language models are the best in the business. To do that, it has announced the launch of a new program that will incentivize researchers to create new industry benchmarks that can better evaluate AI performance and impact. The new program was announced in ...
France poised to slap Nvidia with antitrust charges stemming from its AI dominance
French antitrust regulators are reportedly on the verge of slapping Nvidia Corp. with charges that allege it has engaged in anticompetitive practices regarding its domination of the artificial intelligence computing industry. Nvidia has emerged as the world’s foremost supplier of graphics process units and high-speed networking gear that’s required to build the massive clusters required ...
Automotive lifecycle data startup Solera files for IPO, seeking to raise $1.5B
Automotive data software startup Solera Corp. filed paperwork for an initial public offering with the U.S. Securities and and Exchange Commission on Friday, confirming an earlier report from Bloomberg that first revealed its IPO plans. The filing is another sign of investors’ slowly growing enthusiasm for first-time share offerings, following a spate of successful public ...
SK Hynix announces $75B investment to boost AI chipmaking business
SK Group, the parent of South Korean memory chipmaker SK Hynix Inc., said today it’s planning to invest $74.6 billion into its chip business over the next three years, while setting aside an additional $58 billion especially for artificial intelligence-related technologies and shareholder returns. The new investment is apparently in addition to the $90 billion ...