Mike Wheatley
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Bessemer’s latest State of Cloud report predicts AI’s world domination
One of Silicon Valley’s most respected venture capital firms, Bessemer Venture Partners LLC, today released its latest annual State of the Cloud report and, perhaps not surprisingly, it’s focused for the first time almost exclusively on the impact of artificial intelligence in the cloud computing industry. The focus on AI underscores Bessemer’s extremely bullish stance on ...
GrayMatter Robotics raises $45M to automate tricky manufacturing operations
Manufacturing robotics startup GrayMatter Robotics Inc. is looking to kickstart a wave of factory automation after closing on a new $45 million funding round today. The Series B round was led by Wellington Management and saw participation from other new investors, including NGP Capital, Euclidean Capital, Advance Venture Partners and SQN Venture Partners, plus existing ...
French quantum computing startup C12 raises €18M to stabilize qubits with carbon nanotubes
Few people have heard of the French quantum computing startup C12 Quantum Electronics SAS, but that could change if its novel architecture for creating the qubits that power these next-generation computers lives up to its billing. A lot of people seem to think it will, for C12 today announced it has raised €18 million ($19.4 ...
Finbourne raises £55M to break down financial data silos with AI
U.K.-based financial data management startup Finbourne Technology Ltd. said today it has closed on a £55 million ($70 million) middle-stage funding round to help make life easier for investment managers and financial institutions by providing them with artificial intelligence-powered insights. Today’s Series B round was led by Highland Europe and AVP, and comes after the ...
Decagon raises $35M to transform customer service with more ‘humanlike’ AI agents
Generative artificial intelligence chatbot startup Decagon AI Inc. is aiming up upend the nascent AI-powered customer support industry after closing on a $35 million early-stage funding round. Announced today, the Series A round was led by Accel and saw participation from a16z and a host of prestigious names who joined as angel investors, including Box ...
Nvidia surpasses Microsoft to become the world’s most valuable company
Red-hot artificial intelligence chipmaker Nvidia Corp. has finally achieved what many thought was only a matter of time, surpassing Microsoft Corp. to become the most valuable publicly traded company in the world. The value of Nvidia’s stock gained more than 3.6% in trading today, pushing its market capitalization to $3.34 trillion. With that, it finally ...
Salesforce launches Life Sciences Cloud for organizing clinical trials and patient outreach
Salesforce Inc. said today it’s expanding into the life sciences industry with the launch of a new cloud platform that can help medical technology providers and pharmaceutical companies engage with patients and healthcare professionals and organizations in a more personalized way. The Salesforce Life Sciences Cloud platform is generally available today and comes with a ...
Aryaka debuts dedicated network for accelerating generative AI workloads
Aryaka Networks Inc., a provider of secure access service edge networking platforms, today announced what it says is an industry-first cloud network that’s specifically designed to support generative artificial intelligence workloads. The new Aryaka AI>Perform network integrates strong security and observability capabilities, and is delivered natively via the Aryaka Unified SASE-as-a-service. It provides customers with ...
Multi-model database startup SurrealDB raises $20M and announces cloud beta access
Open-source database startup SurrealDB Inc. said today it has closed on a $20 million funding investment that will fund its ambitions to disrupt the big data industry. The round, led by FirstMark and Georgian with participation from Crew Capital and Alumni Ventures, brings the company’s total amount raised to date to $26 million. The startup ...
IBM’s generative AI-powered application automation tool Concert is now generally available
IBM Corp. today announced the general availability of a new tool that’s designed to address application sprawl and boost the efficiency of business operations. It’s called IBM Concert, and it’s said to use generative artificial intelligence to streamline the way in which users can control how applications work, provide insights into connected apps and toolsets, ...