Mike Wheatley
Latest from Mike Wheatley
Meta Platforms Inc.’s artificial intelligence research team said today it’s open-sourcing a suite of robust AI models called the Meta Large Language Model Compiler. According to the researchers, it can transform the way developers go about code optimization for LLM development, making …
Nokia to buy Infinera for $2.3B to scale up its optical networking business
Finnish networking giant Nokia Corp. has announced plans to acquire Infinera Corp. in a $2.3 billion deal that’s intended to help grow its optical networks business. The company, which makes telecommunications infrastructure such as 5G cellular antennas, said today that the acquisition …
Box announces unlimited queries for Box AI and coming integration with GPT-4o
Box Inc. today is enhancing its popular AI service that helps to increase the productivity of business workers, adding new features that will make it more powerful. The cloud content management company also announced unlimited queries for Enterprise Plus subscribers in order …
Orby AI raises $30M to take business process automation to the next level with generative AI
Generative artificial intelligence-powered enterprise automation startup Orby AI Inc. today revealed it has closed on a $30 million early-stage funding round, fueling its mission to eliminate mundane processes from work. Today’s Series A round was led by New Enterprise Associates, Wing VC …
Illumex raises $13M to add more meaning and context to structured data used by generative AI
Big-data readiness startup Illumex Technologies Inc., which aims to overcome the challenges associated with structured information, said today it has closed on a $13 million seed funding round. Today’s round was led by Cardumen Capital, Amdocs Ventures and Samsung Ventures, and saw …
Micron’s stock slumps as fourth-quarter guidance disappoints
Chipmaker Micron Technology Inc. reported solid third-quarter financial results today, beating expectations on earnings and revenue, but its topline forecast for the current quarter was only in line with analyst’s projections, disappointing investors. The company reported quarterly earnings before certain costs such as …
Intel shows off first fully integrated optical compute interconnect, designed to scale up AI workloads
Intel Corp. said today it has achieved another key milestone as it strives to make integrated photonics technology for high-speed data transfers a reality. The chipmaker showed off what it says is the industry’s first-ever “fully integrated optical compute interconnect,” or OCI, …
EvolutionaryScale raises $142M in seed funding to accelerate AI-powered protein discovery
Biology-focused artificial intelligence startup EvolutionaryScale Inc. said today it has raised $142 million in a seed funding round to transform the way scientists create novel proteins for scientific research. Today’s round was led by Nat Friedman, Daniel Gross and Lux Capital, and …
Transformer model chipmaker Etched.ai raises $120M to challenge Nvidia’s market dominance
Artificial intelligence chip startup Etched.ai Inc. said today it’s looking to rival Nvidia Corp. and become a market leader in dedicated AI chips, after closing on a hefty $120 million early-stage round of funding. The two-year old startup was founded by a …
OpenAI launches ChatGPT app for Mac, but delays release of more advanced chat capabilities
OpenAI said today that its official ChatGPT app for Apple Mac computers is now available to download for all users running macOS Sonoma or later. However, the company is also delaying the rollout of a more eagerly anticipated feature, namely the advanced …