Mike Wheatley
Latest from Mike Wheatley
Ivo AI raises $55M to scale contract intelligence for legal teams
Legal artificial intelligence technology startup Ivo AI Inc. said today it has closed on a $55 million funding round as it looks to accelerate the development of its platform and expand its product and engineering teams. The Series B round, which values the company at $355 million, was first reported by Forbes. It was led ...
ServiceNow partners with OpenAI to develop and deploy enterprise-grade AI agents
Enterprise software giant ServiceNow Inc. has inked a three-year deal with OpenAI Group PBC so it can integrate the ChatGPT maker’s most advanced artificial intelligence models into its platforms. The terms of the contract were not disclosed, but the Wall Street Journal reported that it includes a revenue commitment from ServiceNow. The exact value of ...
Anthropic boss Dario Amodei slams Trump over ‘crazy’ decision to sell advanced AI chips to China
Anthropic PBC Chief Executive Dario Amodei today lambasted the U.S. government over its recent U-turn on advanced artificial intelligence chip sales to China, slamming the move as a “major mistake” that will result in “incredible national security implications.” Amodei (pictured), who has a history of making dire warnings about AI’s potential for misuse, was speaking at ...
Modulate’s Ensemble Listening Model breaks new ground in AI voice understanding
A startup called Modulate Inc. wants to turn the world of conversational voice intelligence on its head after developing a novel artificial intelligence model architecture that it says far surpasses the capabilities of traditional large language models. The startup, which has a long history of developing AI for live chat moderation, today announced its first ...
China’s Moonshot AI to close on another massive funding round after its two biggest rivals go public
Moonshot AI, one of China’s top large language model developers, is set to increase its valuation to $4.8 billion via a new round of funding, just weeks after closing on a $500 million raise. The news comes via CNBC, which cited two anonymous sources as saying that the round, which is still under discussion but ...
IBM’s newest consulting service pairs human experts with digital workers to scale enterprise AI
IBM Corp. said today it’s going to make its internal, artificial intelligence-powered delivery platform available to enterprise clients as part of a new consultancy service that aims to accelerate the deployment of customized AI models and services. The new service, called IBM Enterprise Advantage, combines the expertise of IBM’s consultants with access to various AI ...
OpenAI backer Sequoia Capital in talks to join Anthropic’s proposed $25B megaround
Sequoia Capital is set to join Coatue and Singapore’s sovereign wealth fund GIC in a blockbuster, multibillion-dollar round in the artificial intelligence startup Anthropic PBC, as part of a funding deal that’s sure to raise eyebrows among Silicon Valley investors. It’s a surprising move by Sequoia because venture capital firms traditionally avoid backing competitors in ...
Warehouse automation startup Mytra snags $120M in funding
Supply chain robotics and infrastructure startup Mytra Inc. says it’s going to supercharge warehousing efficiency after closing on a bumper $120 million funding round today. The company is the creator of an innovative automated storage and retrieval system that combines robotics with artificial intelligence software to dramatically simplify warehouse operations. It’s really a new kind ...
Irish startup Equal1 receives $60M to start deploying its scalable quantum computing tech
Irish quantum computing startup Equal1 Ltd. said today it has raised $60 million in a new funding round led by the Ireland Strategic Investment Fund. The Dublin-based startup, which began life as a spinout from University College Dublin, is the creator of Ireland’s first-ever domestic quantum processing unit or QPU, which is known as Bell-1. ...
Box unlocks agentic data extraction to help companies dig up insights faster
Enterprise content management provider Box Inc. is expanding its armory of artificial intelligence tools with the launch of Box Extract in general availability. The new tool uses third-party AI models from companies including OpenAI Group PBC, Google LLC and Anthropic PBC to extract valuable insights embedded in documents such as invoices and contracts to enhance ...