Mike Wheatley
Latest from Mike Wheatley
CalypsoAI raises $23M to stop employees sharing sensitive data with generative AI chatbots
Calypso AI Corp. said today it has raised $23 million in an early-stage financing as it looks to carve out a niche for itself providing security for companies using generative artificial intelligence models such as ChatGPT. Today’s Series A-1 round was led by Paladin Capital Group and included participation from existing investor Lockheed Martin Ventures, ...
NoTraffic closes on $50M funding round to accelerate smart traffic management
Traffic management software startup NoTraffic Ltd. said today it has closed on a $50 million round of funding, bringing its total amount raised to date to $75.7 million. The Series B round was led by M&G Investments and joined by new investors VNV Global and UMC Capital, plus existing investors Grove Ventures, Vektor Partners, Next ...
Faros AI raises $20M to make software engineering teams smarter
Software engineering-focused artificial intelligence startup Faros AI Inc. said today it has closed on a $20 million early-stage funding round, bringing its total amount raised to $36 million. The Series A investment was led by David Hornik of Lobby Capital and saw participation from existing investors SignalFire, Salesforce Ventures and Operator Collective. Faros AI is ...
Finout’s new tool helps companies to optimize AWS cloud costs
Financial operations software startup Finout Ltd. today announced the availability of a new tool to help companies understand and optimize their cloud computing costs. The artificial intelligence-powered Finout Cost Optimizer is designed to help companies reduce their Amazon Web Services bills, and the company claims it can do so by as much as 60% in ...
Amazon commits to invest $26B in India through 2030
Amazon.com Inc. has committed to invest an additional $6.5 billion in India by 2030, bringing its total spending plans in that country to almost $26 billion. The latest investment was announced late Friday after Amazon Chief Executive Andy Jassy (pictured) met with India Prime Minister Narendra Modi in the U.S. Jassy didn’t offer any breakdown ...
Botco.ai launches GenAI Chat Cloud with enterprise-grade privacy and security
Startup Botco.ai Inc. is making its debut in the increasingly crowded generative artificial intelligence market today with the launch of its GenAI Chat Cloud platform. It’s designed to enable enterprises to put generative AI to use in various aspects of their business, from customer service to marketing and beyond. The Botco.ai GenAI Chat Cloud is a ...
MongoDB Atlas evolves to support generative AI application development
MongoDB said today it’s beefing up its cloud database MongoDB Atlas with a series of new products and features that it says will make it easier for developers to build modern applications. They include new generative artificial intelligence capabilities for MongoDB’s Vector Search feature, enabling the retrieval and personalization of highly relevant information, Search Nodes ...
Accenture to collaborate with AWS, Microsoft and Google on generative AI technologies
Global technology consulting giant Accenture Plc said in a series of announcements today that it’s expanding its strategic partnerships with the three biggest cloud computing providers to help enterprise customers take advantage of the latest developments in artificial intelligence. The expanded partnerships build on Accenture’s plan to invest $3 billion into its Data & AI ...
Intel bags $4.3B by selling 20% stake in chip manufacturing technology supplier IMS
Intel Corp. said today it has agreed to sell a 20% stake in IMS Nanofabrication GmbH, a key supplier of chip manufacturing equipment, to the private equity firm Bain Capital. The chipmaking giant bought the Austrian company for an undisclosed price in 2015, having first invested in it back in 2009. Since the close of ...
Google slams Microsoft for locking customers into Azure cloud platform
Google LLC has accused its longtime cloud rival Microsoft Corp. of engaging in anticompetitive behavior in an official complaint to the U.S. Federal Trade Commission. The internet giant said in a letter to the FTC today that Microsoft employs software licensing restrictions that effectively force customers to use its Azure cloud computing services in order ...