Mike Wheatley
Latest from Mike Wheatley
Multimodal database startup TileDB raises $34M in Series B funding
Database startup TileDB Inc. said today it has closed on a $34 million Series B funding round, which will help it to advance its vision of becoming the “modern database” for enterprises, developers and data scientists alike. Today’s round was notably led by AlleyCorp, a venture capital firm founded by the MongoDB database creator Kevin ...
Report: Big tech firms still struggling to make money from generative AI services
The rise of ChatGPT late last year sparked a surge of interest in new generative artificial intelligence technologies, and nowadays almost every big software provider has jumped on the bandwagon. Yet despite the massive enthusiasm for generative AI from technology providers and customers alike, no one has figured out yet how to make money from ...
Anthropic announces key breakthrough in understanding behavior of artificial neural networks
Artificial intelligence startup Anthropic PBC says it has come up with a way to get a better understanding of the behavior of the neural networks that power its AI algorithms. The research could have big implications for the safety and reliability of next-generation AI, giving researchers and developers greater control over the actions their models ...
In wake of CEO departure controversy, Flexport announces another round of layoffs
Yet more turmoil was announced by the beleaguered freight logistics software startup Flexport Inc. today, as it revealed plans to cut up to 30% of its workforce. The layoffs are being made to shore up Flexport’s financial situation, which has been hit by a big decline in revenue, unnamed sources told The Wall Street Journal. According ...
Docker debuts GenAI developer stack and its first AI coding assistant
Container development tooling provider Docker Inc. said today it’s working with multiple partners to offer a new generative artificial intelligence development stack for developers to get started on building AI applications in minutes. Docker’s GenAI Stack was unveiled alongside the company’s first generative AI-powered coding assistant, which aims to boost developer productivity. Announced at DockerCon ...
Observe raises $50M and integrates generative AI to simplify application observability
Software-as-a-service observability specialist Observe Inc. said today it has closed on a $50 million early-stage round of funding led by Sutter Hill Ventures, bringing its total amount raised to date to $164.5 million. The Series A round was announced alongside the launch of Hubble, a new version of its main observability suite that’s said to ...
Live SaaS sales demo automation platform Saleo raises $13M in funding
Saleo Inc., creator of what it says is the first live demo automation platform for software-as-a-service providers, announced today it has closed on a $13 million fundraising. Today’s round was led by Emergence Capital and Tech Square Ventures. Saleo said the money will help expand its product and engineering efforts, grow its go-to-market teams and ...
Alteryx launches no-code AI Studio to simplify the development of generative AI applications
Big-data company Alteryx Inc. is trying to increase its relevance at a time when its stock has come under significant pressure, introducing new artificial intelligence innovations today that include what it says is the industry’s first deployment-agnostic AI studio designed for no-code users. Uniquely, Alteryx’s AI studio leverages generative AI to aid nonskilled workers in ...
Dell enhances its generative AI hardware and software portfolio to cover more extensive use cases
Dell Technologies Inc. said today it’s expanding its suite of generative artificial intelligence infrastructure and services. The computer giant’s generative AI hardware now supports additional use cases, including model tuning and inferencing, allowing customers to deploy their latest models on specialized infrastructure within their own data centers. In addition, Dell announced an expansion of its ...
Intel to spin out programmable chip business, with IPO slated for 2-3 years later
Intel Corp. today announced plans to spin out its programmable chip unit as a standalone business, and will treat it as a separate entity going forward. Ultimately, the chip giant aims to hold an initial public offering for the unit, at which point it would become an independent company. Intel’s Programmable Solutions Group will henceforth have ...