Mike Wheatley
Latest from Mike Wheatley
Enfabrica raises $125M to scale up GPUs, memory, networks and storage for distributed AI workloads
Artificial intelligence networking infrastructure startup Enfabrica Corp. said today it has raised a bumper $125 million in new funding to build out its highly efficient server fabric chip technology. The startup reckons it can solve critical network, input/output and memory scaling problems that are increasingly problematic as AI models become more powerful and their demand ...
Edge AI chip startup Axelera debuts Metis AI Platform
Edge artificial intelligence chip startup Axelera AI B.V. today announced it’s now shipping its Metis AI Platform to customers in its early access program. Founded in 2021 and backed by more than $50 million in funding, Axelera AI is the developer of specialized computer chip hardware that’s optimized to run AI software at the network ...
Machine learning chipmaker SiMa.ai enables low-code AI model development at the edge
SiMa Technologies Inc., developer of a purpose-built machine learning system-on-a-chip for edge devices, today announced the availability of its free visual development environment that enables developers to get started easily building artificial intelligence models that live at the network edge. The startup offers a platform known as the SiMa.ai Palette, which provides a set of ...
ESG startup Optera raises $12M to help enterprises reduce carbon impact
Environmental, social and governance technology startup Optera, officially known as Point380 Inc. said today it has closed on a $12 million early-stage funding round to grow its enterprise-focused ESG and carbon management platform. The Series A round was led by Next Frontier Capital and saw the participation of Blackhorn Ventures, Mucker Capital, Overture, Engage, Massive, ...
Nvidia claims first place in MLCommon’s first benchmarks for LLM inference, but Intel is a close second
MLCommons, the open engineering consortium for benchmarking the performance of chipsets for artificial intelligence, today unveiled the results of a new test that’s geared to determine how quickly hardware can run the most advanced AI models. Nvidia Corp.’s most advanced chips were the top performers in tests on a large language model, though Intel Corp.’s ...
Oracle’s revenue comes up short of expectations and its stock slides
Shares of the database company Oracle Corp. took a pounding in after-hours trading today as the company reported sales that missed expectations and provided lighter revenue guidance than analysts had hoped. The company reported net income of $2.42 billion in its fiscal 2024 first-quarter results, rising from $1.55 billion a year earlier. Earnings before certain ...
Report: Data centers guzzling enormous amounts of water to cool generative AI servers
Generative artificial intelligence models such as ChatGPT are known to consume vast amounts of energy, but few people are aware of the enormous amounts of water required to keep them up and running too. In their latest environmental reports, Microsoft Corp. and Google LLC – two of the leading players in the generative AI industry ...
Meta Platforms reportedly building open-source generative AI system to rival OpenAI’s ChatGPT
Facebook and Instagram parent Meta Platforms Inc. is looking to rival OpenAI LP in the generative artificial intelligence landscape with an alternative, but open-source model that’s likely to be as powerful as GPT-4. Meta’s new model will be “several times more powerful” than the Llama 2 generative AI model that was released earlier this year, ...
Anthropic announces Claude Pro, a paid subscription for its generative AI chatbot
Generative artificial intelligence startup Anthropic, one of the major rivals to OpenAI LP and ChatGPT, today announced the availability of a paid subscription plan that offers users advanced chatbot features. Claude Pro is the first paid plan for Anthropic’s Claude 2 chatbot service, and it’s being made available to users in the U.S. and U.K. ...
SAP acquires German startup LeanIX to help customers modernize their tech stacks
German enterprise resource planning software giant SAP SE today said it has snapped up a startup called LeanIX GmbH, which sells tools that offer enterprises a complete picture of their entire software stacks. The financial terms of the deal were not disclosed, but media reports elsewhere suggest SAP paid a hefty fee in excess of ...
