Mike Wheatley
Latest from Mike Wheatley
IBM Corp. said today it’s expanding its cloud financial operations capabilities after announcing its plan to acquire Kubecost, a startup focused on Kubernetes environment cost management. The company didn’t disclose what price it’s paying to buy Kubecost, officially known as Stackwatch Inc., …
Roots Automation raises $22.2M to boost efficiency for insurance firms with generative AI
Insurance technology startup Roots Automation Inc. is looking to transform the industry with dedicated generative artificial intelligence models after closing on a new $22.2 million funding round. Today’s Series B round was led by Harbert Growth Partners and saw participation from MissionOG, …
Computational design software startup nTop integrates with Nvidia’s ray-tracing and graphics platforms
Computational design software startup nTopology Inc. said today it has secured a significant investment of an undisclosed amount from NVentures, the venture capital arm of Nvidia Corp. The funding comes as nTop revealed that it’s integrating its software with the chipmaker’s accelerated …
Confluent enhances support for Apache Flink, easing access to real-time data streams
The data streaming company Confluent Inc. today introduced the latest version of flagship platform Confluent Cloud, with the headlines features aimed at simplifying and securing deployments of the Apache Flink data processing tool. New features include support for Table API, which makes …
Runway AI launches an API to expand access to its most powerful video generation model
Generative artificial intelligence startup Runway AI Inc. said today that it’s making its most advanced video generation model available to companies via an application programming interface in early access now. With the move, organizations will be able to integrate Runway’s Gen-3 Alpha …
Intel to spin off chip fab business unit as AWS signs up for custom AI chips
Intel Corp. says it will spin off its chip fabrication business as part of its ongoing plan to put the brakes on a yearslong decline, stem billions of dollars in losses, and prop up its tumbling stock price. In an announcement today, …
CEO Andy Jassy tells Amazon employees they’ll have to be in the office 5 days a week next year
Amazon.com Inc. Chief Executive Andy Jassy has signaled an end to the company’s work-from-home policy, telling staff in a lengthy memo on Monday that they’re going to be required to sit in the office five days a week. The decision marks a …
C/side raises $6M to prevent supply chain attacks by securing third-party scripts
Cybersecurity startup Client-side Development Inc., which does business as C/side, said today it has closed on a $6 million seed funding round to accelerate the development of its tools for monitoring, optimizing and securing browser-side third-party scripts. The round was led by …
Adobe’s stock falls on downbeat forecast and softer demand for AI tools
Shares of Adobe Inc. trended lower in extended trading today after the company offered light guidance that fell short of analysts’ expectations. The lower forecast signals that it’s facing stiff competition, resulting in softer demand for its artificial intelligence-powered editing tools. The …
Autonomous AI sales agent startup Bounti Labs raises $16M in seed funding
Autonomous artificial intelligence agent startup Bounti Labs Inc. stepped into the spotlight today, announcing it has closed on a $16 million seed funding round led by Google Ventures. Investors including Floodgate, Bloomberg Beta, Haystack, Octave Ventures and MS&AD also participated in the …