Mike Wheatley
Latest from Mike Wheatley
Tabular, the vendor-neutral data store based on Apache Iceberg, raises $26M in funding
Startup Tabular Technologies Inc., creator of an independent data platform based on the open-source Apache Iceberg data lake software, said today it has closed on a $26 million round of funding. Today’s round was led by Altimeter Capital, and saw participation from the previous lead investor of Tabular’s earlier round, Andreessen Horowitz, as well as ...
Enterprise-focused generative AI startup Writer raises $100M
Generative artificial intelligence startup Writer Inc. has closed on a surprisingly large $100 million early-stage round of funding that values it at $500 million, Bloomberg reported. Today’s Series B round was led by Iconiq Growth and saw participation from others, such as WndrCo, Balderton Capital, Insight Partners, which led the Series A round, and Aspect ...
Anyscale launches Endpoints, a more cost-effective platform for fine-tuning generative AI models
Anyscale Inc., creator of the open-source distributed computing platform Ray, is launching a new service called Anyscale Endpoints that it says will help developers integrate fast, cost-effective and scalable large language models into their applications. The service was announced today at the 2023 Ray Summit, the project’s annual user conference, which is targeting generative artificial ...
Oracle debuts better workforce management and financial planning tools for healthcare providers
Database software giant Oracle Corp. said today it’s pushing even further into the healthcare industry, adding new workforce management capabilities to its Oracle Fusion Cloud Human Capital Management offering. The new tools will enable healthcare providers to adapt to the dynamic labor market in the industry, better organize their workforces to meet patient demand, and ...
AI helps Adobe beats expectations and boosts its operating margins, but its stock falls anyway
Shares of the creativity software provider Adobe Inc. were trading slightly lower today, even though the company topped Wall Street’s targets and delivered a revenue outlook in line with estimates. Adobe reported net income of $1.4 billion for its fiscal third quarter, rising from the $1.14 billion profit it delivered a year earlier. Earnings before certain costs ...
Musk says AI could ‘kill us all’ as tech luminaries attend closed-door session at Congress
Elon Musk and other leaders of the technology industry joined U.S. senators at a closed-door session where they discussed the benefits and challenges of artificial intelligence, as well as the dangers it might pose to society. At the end of the gathering, Musk (pictured) spoke with reporters briefly and, in his typical candid or at ...
In this year’s biggest IPO, Arm stock closes up 25% as chip designer raises $4.87B
Updated with market reaction and executive interview: Newly public shares of British chip design firm Arm Holdings Ltd., which dominates the smartphone industry, jumped 10% in initial trading and then rocketed to close up nearly 25% Thursday. Arm had set a price of $51 per share Wednesday in the biggest initial public offering of the ...
Amazon launches generative AI tool for sellers to create product listing information
The online retail giant Amazon.com Inc. has taken another foray into generative artificial intelligence, launching a new tool that helps sellers to create listings for their products. The new tool was announced today at Accelerate 2023, Amazon’s annual seller conference, after being tested among an initial group of buyers last month. It’s designed to help ...
Port raises $18M to simplify DevOps processes for developer teams
Internal developer portal startup Port, officially known as GetPort.io Ltd., said today it has closed on an $18 million Series A funding round, bringing its total amount raised to $23 million. Today’s round was led by Team8 and saw participation from its lead seed round investor TLV Partners, plus angel investors that included JFrog Ltd. ...
In antitrust case, Google insists its dominance of internet search is lawful
Google LLC today insisted that it has not broken any laws to maintain its dominance of the internet search industry, saying that its search engine remains the world’s most popular thanks to its quality. In a summation of its longtime stance, the search giant argued that dissatisfied users have always been able to switch to ...