Mike Wheatley
Latest from Mike Wheatley
Quantagonia raises €4.3M to bridge classical and quantum computers
Quantum computing software startup Quantagonia GmbH said today it has completed its seed funding round, which combined with an earlier pre-seed round brings its total amount raised to €4.3 million (around $4.68 million). Today’s round was led by Tensor Ventures and saw the participation of three European deep tech venture capital firms, plus a state ...
Report: EU expected to launch new antitrust investigation into Microsoft
Microsoft Corp. could find itself the target of a new antitrust investigation in Europe after talks with regulators aimed at averting such a move broke down, Reuters reported Monday. The investigation stems from a 2020 complaint by the Salesforce Inc.-owned messaging app Slack, relating to Microsoft’s 2017 decision to bundle its Teams collaboration application with Office 365, ...
Court filing shows Microsoft Azure generated lower-than-expected $34B in revenue in 2022
Documents filed by antitrust regulators in a U.S. court this week have finally shed some light on one of the cloud computing industry’s biggest secrets: the true size of Microsoft Corp.’s Azure cloud business unit. A report today from The Information revealed that internal documents were briefly posted by federal antitrust regulators on a court ...
US and Netherlands to slap China with new ban on exporting chipmaking equipment
China looks set to suffer another blow in its ongoing trade war with the U.S. amid reports that it will be slapped with further restrictions on the sale of computer chipmaking equipment. Reuters reported today that officials in the U.S. and in the Netherlands are working together to prevent China from getting its hands on ...
VMware partners with Samsung, AMD and RISC-V to accelerate confidential computing
VMware Inc. stepped up its efforts to accelerate the adoption of confidential computing today, announcing an alliance with chipmakers Samsung Electronics Co. Ltd. and Advanced Micro Devices Inc., as well as the RISC-V Keystone community. Along with its new partners, VMware will work to promote an open-source project known as the “Certifier Framework for Confidential ...
Meta’s system cards show how AI powers content recommendations on Facebook and Instagram
Meta Platforms Inc. said today it’s releasing a series of “system cards” that describe how the various artificial intelligence-powered content recommendation systems used by Facebook and Instagram work. The move is designed to increase transparency about how AI surfaces content for individual users, based on their history of interactions, likes, interests and friends lists. In a ...
IP Fabric raises $25M in new funding to improve network visibility and security
Automated network assurance startup IP Fabric Inc. received a big boost today as it closed on a $25 million round of funding. The Series B round was led by One Peak and saw the participation of Senovo and Presto Ventures. IP Fabric presents itself as a leader in the growing network assurance space, helping organizations ...
Micron’s stock rises as CEO says memory chip market has bottomed out
Shares of the computer memory chipmaker Micron Technology Inc. moved higher in extended trading today after its chief executive said the market appears to have bottomed out, following better-than-expected quarterly results. The company reported a third quarter loss of $1.9 billion, reversing quite dramatically from the $2.63 billion profit it posted in the year-ago period. ...
Madrona expands core investor team with three new partners
The prominent venture capital firm Madrona Venture Group said today it has added three new partners to its core investor team. The new partners are Loren Alhadeff, Mark Nelson and Ted Kummert, and they’re tasked with helping Madrona in its mission to support, build and scale up its portfolio companies as they navigate pivotal points ...
Ramon.Space raises $26M to build dedicated servers and storage for the space industry
Space computing infrastructure startup Ramon Space Inc. said today it has closed on a $26 million funding round. The money comes from the computer server maker Ingrasys Technology Inc., a subsidiary of Foxconn Technology Group, and the Strategic Development Fund of Abu Dhabi. Existing investors Grove Ventures, Deep Insight and UMC Capital also participated in ...