Mike Wheatley
Latest from Mike Wheatley
Report: AI startup Hugging Face hoping to raise millions from Salesforce and other investors
Artificial intelligence startup Hugging Face Inc. is reportedly seeking to raise $200 million in venture capital. It’s said that Salesforce Inc. will lead the proposed round, which will more than double the privately-held company’s valuation, which currently stands at $2 billion. The money will come from Salesforce’s venture capital arm, Salesforce Ventures, and several other unnamed ...
OpenAI now lets users fine-tune GPT-3.5 Turbo for specific tasks
ChatGPT creator OpenAI LP today revealed that it’s now possible for customers to fine-tune its underlying GPT-3.5 Turbo model using their own data. According to the company, this makes it possible for users to create customized models that can potentially match or even exceed the capabilities of GPT-4. Fine-tuning in artificial intelligence refers to the practice ...
Meta AI’s SeamlessM4T model enables universal, on-demand translation for hundreds of languages
A universal translator akin to the Babel Fish from “The Hitchhiker’s Guide To The Galaxy” might soon be possible. It’s all thanks to Meta Platforms Inc.’s Fundamental Artificial Intelligence Research team, which has open-sourced a new AI model that’s designed to provide instant translations in any language and format. Announced today, SeamlessM4T is a foundational multilingual ...
IBM’s watsonx to leverage generative AI to modernize mainframe apps
IBM Corp. said today it’s using its recently announced generative artificial intelligence service watsonx to help enterprises modernize their most business-critical mainframe applications. The new watsonx Code Assistant for Z is a generative AI-powered coding assistant that’s designed to help developers translate applications written in the older COBOL programming language to Java. The service can ...
Arm files for Nasdaq IPO, seeking to cash in on AI boom
Arm Holdings Ltd., the chip designer owned by SoftBank Group Corp., today filed for a Nasdaq listing ahead of what will likely become the largest U.S. initial public offering of the year. Although the market for IPOs has been dormant for the past 20 months, Arm believes its business will flourish as interest in artificial ...
Zoom beats earnings expectations, hikes its full-year forecast and its stock rises
Zoom Video Communications Inc. posted second-quarter earnings results that exceeded analyst’s expectations, sending its stock about 4% higher today. The company’s guidance for the current quarter was mixed, but investors were happy to forgive that, as it raised its full-year forecast. The company reported net income of $182 million for the quarter, rising from a ...
Kubecost debuts Kubecost Cloud to help enterprises rein in their Kubernetes spending
Kubecost, the startup that provides monitoring, management and cost optimization services for companies running Kubernetes clusters, said today its Kubecost Cloud platform is now generally available. According to Kubecost, officially known as Stackwatch Inc., Kubecost Cloud is a software-as-a-service platform that makes it easier than ever to gain full visibility into, and then reduce their ...
Rubrik’s new generative AI assistant helps ease cyberattack recovery operations
Zero trust data security startup Rubrik Inc. is tapping the power of generative artificial intelligence to help VMware users rapidly recover from cyberattacks. Today, the company announced its new AI-Powered Cyber Recovery tool, which leverages large language models to help teams deal with the aftermath of cyber incidents and ensure minimal data loss and downtime. ...
Harvard researchers clone supercomputer on Google Cloud
Researchers at Harvard University have used Google LLC’s public cloud infrastructure platform to create a clone of a supercomputer that was used to perform a heart disease study. They claim it’s a highly original use of cloud computing resources that can help other researchers who are struggling to access powerful supercomputers to complete their studies. ...
IBM Consulting to help firms build generative AI applications with Microsoft’s Azure OpenAI Service
IBM Corp. is partnering with Microsoft Corp. to lend its expertise to enterprises that are looking for ways to deploy generative artificial intelligence and improve their business processes. Today’s announcement is focused on IBM Consulting, which now offers a dedicated service for companies trying to get to grips with Microsoft’s Azure OpenAI Service on the ...
