Mike Wheatley
Latest from Mike Wheatley
Nvidia tramples all over Wall Street’s expectations, growing its revenue by 200%+
Shares of the artificial intelligence chipmaker Nvidia Corp edged down 1% today after the company posted third-quarter results that crushed Wall Street’s expectations, as executives warned of a negative impact in the coming quarter from new export restrictions that will likely affect sales to customers in China. In a letter to shareholders, Nvidia Chief Financial Officer ...
It’s over: OpenAI reaches deal ‘in principle’ for Sam Altman to return as CEO, with new board
Updated: OpenAI announced late Tuesday night on X that it has reached an agreement in principle for former Chief Executive Sam Altman to return to the artificial intelligence phenom, ending several days of drama. The post said there will be a “new initial board of Bret Taylor (Chair), Larry Summers, and Adam D’Angelo. We are ...
Generative AI startup AI21 Labs finds additional backers to close Series C funding round at $208M
AI21 Labs Ltd., a generative artificial intelligence startup that rivals OpenAI LP, said today it has secured additional investment to close on a hefty $208 million funding round that raises its valuation to $1.4 billion. The new investors in the Series C round include Intel Capital and Comcast Ventures, who join previously announced investors, bringing ...
Nvidia and Genentech collaborate to accelerate drug discovery with AI
Nvidia Corp. is teaming up with biotechnology giant Genentech Inc. on a planned multiyear collaboration that will see the two companies accelerate research into drug discovery by leveraging the most advanced artificial intelligence capabilities, including generative AI. The company said it’s hoping to enhance Genentech’s advanced AI research programs by transforming its generative AI models and ...
Neo4j and AWS team up to enhance generative AI applications with graph database technology
Graph database company Neo4j Inc. said today it’s embarking on a multiyear strategic collaboration with the cloud computing giant Amazon Web Services Inc. to enable enterprises to enhance the capabilities of their generative artificial intelligence models. The idea is to combine knowledge graphs with native vector search in order to reduce the occurrence of so-called ...
Rockset enhances vector search to support cloud-based AI applications at scale
Rockset Inc., the startup behind the speedy database of the same name, said today it’s expanding the vector search capabilities of its platform. The new features are intended to enable more rapid search for cloud-based data to support artificial intelligence applications. Vector search has emerged as an essential ingredient for databases that power generative AI and ...
Nvidia launches super-fast Spectrum-X Ethernet to accelerate generative AI workloads
Nvidia Corp. has announced the next generation of its Ethernet networking technology for artificial intelligence-focused servers and says Dell Technologies Inc., Hewlett Packard Enterprise Co. and Lenovo Group Ltd. will be the first to integrate it into their products. Nvidia says its Spectrum-X technology, unveiled today, is purpose-built for AI workloads and capable of delivering ...
Update: Sam Altman reportedly won’t return as OpenAI CEO despite investor push
Updated: Some of OpenAI LP’s most influential investors are pushing for the company to reinstate ousted Chief Executive Sam Altman, who’s sudden dismissal Friday afternoon sent shockwaves through the tech world, but the latest word Sunday night was that he’s not returning. Reports from Bloomberg, The Verge and the Wall Street Journal claim Altman (pictured) is ...
Scaleway delivers cost-optimized Ampere Altra instances as an alternative for AI workloads
The French cloud computing infrastructure provider Scaleway SAS today announced the availability of what it calls Cost-Optimized instances based on the Arm central processing unit architecture, targeted at real-time artificial intelligence and high-performance computing workloads. The cost-optimized COP-ARM instances are powered by Ampere Computing LLC’s Ampere Altra CPUs, which are said to be a more ...
Report: Applied Materials under investigation for sending chipmaking gear to China in breach of export rules
Shares of the semiconductor manufacturing technology provider Applied Materials Inc. traded lower after-hours today in the wake of a report that it’s being investigated by the U.S. Justice Department for violating export restrictions by shipping products to a leading Chinese chipmaker. The report from Reuters emerged shortly after the company released its fourth-quarter earnings results today, ...