Mike Wheatley
Latest from Mike Wheatley
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 ...
Manufacturing automation software startup Tulip hits unicorn status with $120M raise
Frontline operations software startup Tulip Interfaces Inc. said today it has raised $120 million in a late-stage funding round that brings its valuation to more than $1.3 billion, joining the ranks of technology unicorns. The Series D round was led by Mitsubishi Electric, which last year signed a strategic alliance agreement with the company in ...
OpenAI commits to buying $10B+ worth of AI compute capacity from Cerebras Systems
OpenAI Group PBC has signed a multibillion-dollar deal with the artificial intelligence chipmaker Cerebras Systems Inc. to secure much-needed compute capacity for its large language models. The AI company said today it will use Cerebras’ chips to power its ChatGPT. It has agreed to purchase up to 750 megawatts of computing power over the next ...
VoiceRun gets $5.5M in seed funding to give enterprises more control over voice AI agents
VoiceRun, a startup that’s helping enterprises to develop voice-enabled artificial intelligence agents that they control, has raised $5.5 million in seed funding to help customers move beyond simple pilots and demonstrations and deploy voice-powered applications at large scale. Today’s round was led by Flybridge Capital Partners and saw participation from RRE Ventures and Link Ventures. ...
Defense Unicorns bags $136 million in funding to deliver secure military software updates
Warfighting software delivery startup Defense Unicorns Inc. said today it has raised $136 million in a new funding round that pushes its valuation past the $1 billion mark, making it an official “unicorn” in more than just its name. The Series B round was led by Bain Capital’s Tech Opportunities Fund and saw participation from ...
AI chip unicorns Etched.ai and Cerebras Systems get big funding boost to target Nvidia
Nvidia Corp. has been in pole position in the artificial intelligence chip market for as long as the industry has existed, but it may want to keep an eye on the rear-view mirror as some of its biggest rivals are getting the financial backing they need to shift into a higher gear. For instance, the ...
Sovereign AI unicorn webAI’s value soars to $2.5B after ‘double-digit’ funding round
Privacy-focused artificial intelligence startup webAI Inc. has reportedly closed on an early-stage “high double-digit” round of funding that sends its value soaring to $2.5 billion, according to a report in Axios. Participants in the Series A extension round included Marc Benioff’s Time Ventures, Atreides Management, existing investor Forerunner Ventures and others. WebAI is the creator ...
Real-time voice AI unicorn Deepgram raises $130M to streamline human-to-machine interactions
Real-time voice artificial intelligence startup Deepgram Inc. has reasons to think the new year could be a good one after raising $130 million in funding at a $1.3 billion valuation. It also unveiled its latest acquisition, buying an AI-native voice startup called OfOne Inc. that’s focused on restaurants and the quick-service drive-through market. The Series ...
French fighter company Dassault invests $200M in autonomous drone startup Harmattan AI
A French startup called Harmattan AI that’s building autonomous drones for European military forces raised $200 million in a Series B funding today. The round was led by the fighter aircraft and business jet manufacturer Dassault Aviation SA, and brings the company’s total amount raised to $242 million at a valuation of $1.4 billion. Harmattan AI ...
Anthropic’s Cowork is a more accessible version of Claude Code
Anthropic PBC wants to make its generative artificial intelligence coding bot Claude Code more accessible with the launch of a new feature called Claude Cowork, available in preview starting today. The company said Cowork is a “simpler way for anyone – not just developers – to work with Claude.” To get started, all users have ...