Mike Wheatley
Latest from Mike Wheatley
GRC startup LogicGate promises to accelerate safe AI deployments
Governance, risk and compliance technology startup LogicGate Inc. is looking to cater to enterprises that are concerned their new generative artificial intelligence deployments are going to get them into trouble with regulators. To assuage those concerns, today it has announced a new Risk Cloud AI Governance Solution that it says is purpose-built to help customers ...
NIST announces new initiative to create systems that can detect AI-generated content
The National Institute of Standards and Technology today announced it’s launching a new initiative called NIST GenAI aimed at assessing generative artificial intelligence models and create systems that can identify AI-created text, images and videos. The launch of the new program came as NIST revealed its first draft publications on AI risks and standards. NIST ...
Samsung delivers almost tenfold increase in profit on back of AI chip demand
Samsung Electronics Co. Ltd. said today that its operating profit increased by almost tenfold in the first quarter from the same period a year ago, driven by a strong rebound in its semiconductor business, which makes the memory chips essential for artificial intelligence workloads. The company reported revenue of 71.9 trillion won ($52.3 billion), up ...
GitHub elevates the generative AI coding experience with Copilot Workspace
Microsoft Corp.’s GitHub today announced a new generative artificial intelligence-powered development environment called Copilot Workspace, which builds on the capabilities of its original AI-powered coding tool to help reduce the time it takes to get started on new projects. Unveiled in a blog post authored by GitHub Chief Executive Thomas Dohmke, Copilot Workspace is designed ...
Commvault debuts on-demand cloud cleanrooms for cyber recovery operations
Data protection services provider Commvault Systems Inc. hastodayannounced the availability of what it says is a new kind of “cleanroom” for data recovery operations, enabling enterprises to recover compromised workloads and data from any location to a safe and secure isolated environment in the cloud. The Commvault Cloud Cleanroom Recovery service builds on the basic ...
Intel’s stock slides on weak forecast
Intel Corp. took a beating in after-hours trading today after reporting disappointing first-quarter financial results and a weak outlook that came in below most analysts’ forecasts. The chipmaker reported a net loss for the quarter of $437 million, improving on the $2.8 billion loss it recorded one year earlier. On an adjusted basis, it delivered ...
Google parent Alphabet’s stock spikes on strong cloud profits, AI demand and first cash dividend
Shares of Google LLC’s parent company Alphabet Inc. rallied in late trading today after it reported first-quarter earnings and revenue that topped analysts’ estimates, delivered strong profit from its cloud unit, and announced its first-ever dividend. The company’s stock was up more than 11% in the extended trading session, lifting its market capitalization beyond the $2 ...
Monster API uses generative AI to help anyone build generative AI
A startup called Monster API, officially known as Generative Cloud Inc., has a GPT-powered agent that simplifies and accelerates the fine-tuning and deployment of open-source generative artificial intelligence models. According to the company, MonsterGPT helps reduce the time it takes to fine-tune and implement generative AI applications based on open-source models such as Llama 3 ...
Salesforce wants to help banks resolve transaction disputes faster with generative AI
In its latest generative artificial intelligence push, Salesforce Inc. said today it’s introducing new features for banks that will help them deal with transaction disputes much more rapidly. The new generative AI capabilities announced today include Transaction Dispute Management and Einstein Copilot Banking Actions, which combine transaction data from customer’s banking platforms with insights from ...
Secretive AI coding assistant startup Augment raises $227M to rival GitHub’s Copilot
Artificial intelligence-powered coding assistant startup Augment Inc. stepped into the limelight today, announcing a bumper $227 million funding round that brings its valuation to $977 million, just shy of “unicorn” status. Today’s Series B round was led by high-profile investors that include former Google LLC Chief Executive Eric Schmidt and venture capital firms such as ...