Mike Wheatley
Latest from Mike Wheatley
Broadcom to offload VMware’s remote access computing business to KKR in $3.8B deal
Updated with announced deal: Chipmaker Broadcom Inc. is selling VMware Inc.’s End User Compute business to the private equity firm KKR & Co. Inc. in a deal worth $4 billion. The deal, announced this morning after reports Saturday on its likelihood, is the latest in a series of moves by Broadcom Chief Executive Hock Tan to ...
DatologyAI raises $11.65M to automate data curation for more efficient AI training
Datology AI, a data curation startup that aims to make it easier to build the enormous training datasets required by generative artificial intelligence models, said today it has closed on an $11.65 million seed funding round. The round was led by Amplify Partners and saw participation from Radical Ventures, Conviction Capital, Outset Capital and Quiet ...
Google brings its generative AI writing aid to any website through Chrome
Google LLC has debuted a new browser tool that brings generative artificial intelligence writing capabilities to any website. The new Help Me Write for Google Chrome feature is integrated into the Chrome browser, and it acts as a text generator to help users write on any subject. It was first made available to Google Workspace ...
DigitalOcean beats expectations under the helm of new CEO Paddy Srinivasan
Shares of the cloud computing infrastructure firm DigitalOcean Holdings Inc. traded higher in extended trading today after it delivered earnings, revenue and guidance for the current quarter that came in above expectations. The company reported earnings before certain costs such as stock compensation of 44 cents per share, nicely ahead of Wall Street’s target of 37 ...
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 ...