Mike Wheatley
Latest from Mike Wheatley
Nvidia’s data center GPU sales grow by a stunning 409% on huge demand for AI chips
Updated with Thursday stock price: Nvidia Corp. once again crushed Wall Street’s expectations as it delivered its fourth-quarter financial results, sending its stock higher in extended trading. The company also forecast revenue for the current quarter that came in well ahead of the Street’s forecasts, underscoring that there’s no end in sight to the technology ...
Arm announces 3rd Gen Neoverse Compute Subsystems blueprints and expanded design ecosystem
British chip designer Arm Holdings Ltd. is building on the launch of its Arm Neoverse Compute Subsystems ecosystem last year, announcing its most powerful set of blueprints for companies to build customized silicon platforms so far. Arm first unveiled its Neoverse CSS ecosystem last summer, saying at the time that it’s providing enterprises with a ...
Google enhances Workspace productivity suite with new Gemini generative AI capabilities
Subscribers who pay for premium features with Google LLC’s Workspace productivity tools are getting more bang for their buck with the addition of new generative artificial intelligence capabilities powered by Gemini, the company’s most advanced large language model. In an update posted on its Workspace blog today, Google explained that Duet AI for Google Workspace ...
Novity grabs $7.8M in funding to streamline industrial predictive maintenance with AI
Predictive maintenance technology startup Novity Inc. said today it’s hoping to expand into the chemicals, manufacturing, and water and environmental industries after closing on a $7.8 million round of funding. The round was led by WERU Investment and saw participation from other investors including Myriad Venture Partners and Metawater Co. Ltd. Novity is the creator ...
AI-driven ad targeting startup Qloo raises $25M
Qloo Inc., a startup that claims to be a pioneer in “cultural AI,” said today it has closed on a new funding round worth $25 million. The Series C round was led by AI Ventures and saw participation from AXA Venture Partners, Elridge and Moderne Ventures. The company said it highlights the already significant contributions it ...
Inference.ai’s new generative AI chatbot takes the guesswork out of GPU sourcing
GPU cloud operator Inference.ai said today its customers can now take advantage of a free generative artificial intelligence-powered assistant to help them select the most appropriate graphics processing unit for their training and inference workloads. The company is one of a growing number of startups operating GPU clouds for companies that want to access the ...
Highway 9 Networks closes $25M funding to deliver more reliable connectivity to any device anywhere
A startup called Highway 9 Networks said today it’s ready to elevate enterprise connectivity to the next level with the industry’s first-ever “mobile cloud,” which promises to deliver extremely reliable cloud-native mobility and services in any location. The company is launching its mobile cloud platform today after closing on a $25 million funding round led ...
Application observability firm Apica buys telemetry data startup Circonus and adds more funding
Application monitoring and observability startup Apica AB today announced its second acquisition in the space of six months, buying a small telemetry data company called Circonus Inc. for an undisclosed price. The acquisition was revealed alongside a new funding round led by Riverside Acceleration Capital, with participation from existing investors Industrifonden, SEB Foundation, Oxx and ...
RingCentral makes progress toward profitability, but light guidance sends stock lower
Shares of the cloud telephony software provider RingCentral Inc. were trending lower in the extended trading session today, following a somewhat disappointing forecast. Although it beat expectations on earnings and revenue in its latest results, its guidance came up light. The company reported a net loss of $47.2 million in the fourth quarter of fiscal ...
Predibase debuts LoRA Land: 25 open-source LLMs that can be fine-tuned for almost any AI use
Low-code artificial intelligence development platform Predibase Inc. said today it’s introducing a collection of no less than 25 open-source and fine-tuned large language models that it claims can rival, or even outperform OpenAI’s GPT-4. The LLM collection, called LoRA Land, is designed to cater to use cases such as text summarization, code generation and more. ...