Mike Wheatley
Latest from Mike Wheatley
Adaptive6 scores $28M in early funding to find and fix cloud cost inefficiencies
Cloud cost governance and optimization startup Adaptive6 Inc. says it’s ready to help large enterprises save millions of dollars on their cloud infrastructure spending after closing on a $28 million early-stage round of funding today. The Series A round, which was led by U.S. Venture Partners and saw participation from New Era Capital Partners, Pitango ...
Platform Engineering brings multicloud support to its formae infrastructure-as-code platform
Infrastructure-as-code startup Platform Engineering Labs Inc. today announced a big update to its open-source formae platform, adding beta support for four new public clouds as it looks to expand its influence beyond Amazon Web Services environments. Platform Engineering Labs debuted formae in October, saying it’s trying to modernize the IaC world. That refers to the ...
Factify gets $73M in seed funding to replace antiquated PDF files with intelligent documents
Factify Technologies IL Ltd. wants to kill off PDF files as the de facto standard for business records, contracts and agreements after closing on a massive $73 million in seed funding today. The round was led by Valley Capital Partners and saw participation from angels including John Giannandrea, the former head of artificial intelligence at ...
Flora raises $42M to unify generative AI design in a single platform
Flora, the creator of an “intelligent canvas” platform for creative professionals, has raised $42 million in an early-stage round with a goal to tackle the fragmentation around generative artificial intelligence design tools. Led by Redpoint Ventures, today’s Series A round also saw participation from a host of angel investors, including Vercel Inc. Chief Executive Guillermo ...
Texas Instruments’ stock rises on analog chip demand boost
Texas Instruments Inc. guided for first-quarter earnings and revenue above Wall Street’s expectations today. The forecast signals reinvigorated demand for its analog processors following a prolonged market slump, and its sent its stock higher in late trading. The forecast was so positive that investors were willing to overlook disappointing fourth-quarter results, with the chipmaker missing ...
Chilean community draws on human intelligence to highlight AI’s excessive thirst for water
A small community in one of Chile’s most water-stressed regions is trying to draw attention to the enormous water footprint of artificial intelligence chatbots. To do so, it has come up with the novel idea of replacing AI with “human intelligence” for 24 hours. Residents of the community of Quilicura, a small commune located just ...
Nvidia buys $2B worth of CoreWeave’s stock to accelerate AI factory buildout
Nvidia Corp. said today it’s investing an additional $2 billion into the cloud infrastructure company CoreWeave Inc., which operates enormous data centers packed full of graphics processing units. The companies said the money will help to fund the development of new artificial intelligence factories based on Nvidia’s technology. The AI factories, which will be operated ...
Microsoft’s next-gen Maia 200 chip promises massive performance boost for AI workloads
Microsoft Corp. today unveiled the second generation of its custom artificial intelligence processor in Maia 200, boldly claiming that it’s the most powerful chip offered by any public cloud infrastructure provider so far. The company said Maia 200 offers three times the compute performance of Amazon Web Services Inc.’s most advanced Trainium processor on certain ...
Salesforce tries to keep a lid on ‘agentic sprawl’ through MuleSoft Agent Fabric
Salesforce Inc. is attempting to tackle the growing challenge of artificial intelligence “agent sprawl” through the latest expansion of MuleSoft Agent Fabric, aiming to rein in the unchecked proliferation of autonomous systems operating across enterprises with limited oversight. While some organizations have yet to deploy AI agents in any meaningful way, Salesforce says there are ...
Intelligent cloud infrastructure startup Railway gets $100M to simplify application deployment
Railway Corp. says it’s going to make software deployment easier for thousands of developers after closing on $100 million in Series B funding today. The round was led by TQ Ventures and saw the participation of FPV Ventures, Redpoint and Unusual Ventures, in support of Railway’s mission to make cloud infrastructure invisible. The funding comes ...