Mike Wheatley
Latest from Mike Wheatley
Silicon chip design software maker Synopsys Inc. delivered third-quarter earnings and revenue above expectations today and then issued strong guidance, sending its stock higher in after-hours trading. The company, one of the leaders in the electronic design automation software industry, reported earnings …
Snowflake beats expectations but stock falls on fears of decelerating revenue growth
Updated: Shares of the cloud data warehouse giant Snowflake Inc. were battered and bruised in extended trading today, even though the company delivered solid second-quarter results and guidance that came in above expectations. The company’s stock fell more than 7% after-hours, with …
Google Cloud Run speeds up on-demand AI inference with Nvidia’s L4 GPUs
Google Cloud is giving developers an easier way to get their artificial intelligence applications up and running in the cloud, with the addition of graphics processing unit support on the Google Cloud Run serverless platform. The company said in a blog post …
Piramidal raises $6M to advance AI brainwave analysis and improve diagnoses of neurological conditions
Piramidal Inc. stepped into the limelight today, announcing that it has filled its war chest with $6 million in seed funding to tackle the intricacies of brainwave analysis using a specially developed foundational artificial intelligence model. Today’s round was led by Y …
IT infrastructure monitoring startup Grafana Labs raises $270M at $6B valuation
Infrastructure monitoring startup Grafana Labs said today it has raised a bumper $270 million via two separate funding transactions, as it looks to solidify its status as a leader in the observability industry. Today’s round is said to have involved all of the …
OpenAI agrees content licensing deal with Condé Nast to feed SearchGPT and ChatGPT
OpenAI said today it has struck a deal with Condé Nast, a subsidiary of Advance Publications Inc. so artificial intelligence tools such as ChatGPT and SearchGPT will be able to access and display content from publications that include The New Yorker, Vogue, …
BeyondMath raises $8M to transform engineering and design with AI trained on world’s knowledge of physics
Artificial intelligence startup BeyondMath Ltd. said today it has raised $8.5 million in a seed funding round to train its foundational large language models on physics equations, as part of its mission to transform engineering processes through more advanced simulations. Today’s round …
Environmentalists sound alarm over Virginia’s data centers as water consumption skyrockets
Concerns are being raised over the environmental impact of Virginia’s data centers after a report revealed they have increased their water consumption by almost two-thirds in the last five years. With the rapid adoption of artificial intelligence, there are fears that the …
Goodfire AI raises $7M to demystify AI systems using mechanistic interpretability techniques
Goodfire AI, a public benefit corporation and research lab that’s trying to demystify the world of generative artificial intelligence, said today it has closed on $7 million in seed funding to help it develop tools for debugging AI systems. Today’s round was …
Hermes 3, a super-creative version of open-source Llama 3.1 AI model, even struggles with inner conflict
Artificial intelligence startups Lambda Inc. and Nous Research today announced the launch of a new large language model called Hermes 3, which it says is a “personalized, unrestricted” version of Meta Platforms Inc.’s open-source Llama 3.1 model. The largest 405 billion parameter …