Mike Wheatley
Latest from Mike Wheatley
New Relic discussing possible $5B sale to private equity firms
Application observability company New Relic Inc. is reportedly holding talks with the private equity firms Francisco Partners Management LP and TPG Inc. about a possible $5 billion sale. The deal would mean that the publicly listed New Relic becomes a private entity once again, but it’s possible that the talks could still break down, the ...
Report: Snowflake is in advanced talks to acquire AI search startup Neeva
Snowflake Inc., the cloud-based data warehouse provider, is reportedly in advanced talks to acquire a search startup called Neeva Inc. that was founded by former Google LLC advertising executive Sridhar Ramaswamy. The report comes today from The Information, which cites people with direct knowledge of the discussions. It says Neeva’s technology could help Snowflake create ...
Cisco beats expectations but its stock falls on sluggish demand
Cisco Systems Inc. delivered solid quarterly earnings and revenue beats today, but executives revealed that orders were down on an annual basis, sending its stock lower in extended trading. The company reported fiscal third-quarter net income of $3.2 billion, up 6% from a year earlier. Earnings before certain costs such as stock compensation came to $1 ...
Sanctuary AI unveils a humanoid robot called Phoenix that’s ready to offer its ‘labor-as-a-service’
Sanctuary Cognitive Systems Corp., better known as Sanctuary AI, has unveiled an incredibly humanlike and supposedly very capable general purpose robot called Phoenix that’s being billed as the first robot worker prototype. Announced today, Phoenix is a humanoid robot that runs on Sanctuary AI’s Carbon AI control system, which provides it with human-like intelligence and ...
Visual Layer raises $7M to clean up image datasets for AI training
Data quality startup Visual Layer Inc. announced today it has closed on a $7 million seed funding round led by Madrona Venture Group and Insight Partners and will use the money to build out its managed service for curating large-scale image sets used to train computer vision models. Researchers are all too familiar with the challenge ...
DeepBrain AI uses virtual humans and generative AI to automate job interviews
DeepBrain AI Ltd., a South Korean video synthesis startup that creates artificial intelligence-based virtual humans, today announced a new capability called AI Interview that can automate job applicant interviews for recruiters. The new offering combines DeepBrain AI’s generative AI video technology with OpenAI LP’s large language model GPT-4 to create an AI-powered interviewer that can ...
At Sapphire 2023, SAP brings Business AI to its enterprise software suite
The software giant SAP SE is embedding new artificial intelligence capabilities across its entire portfolio of enterprise resource planning applications in yet another sign that AI is sweeping enterprise software and services firms along with the rest of the world. By combining AI with extensive, industry-specific data and deep process knowledge, SAP said, it will ...
Nvidia CEO outlines AI’s role in next-generation chip manufacturing
Nvidia Corp. founder and Chief Executive Jensen Huang says artificial intelligence, enabled by the company’s most powerful hardware, is being used to accelerate computer chip manufacturing and create even more advanced microprocessors. Speaking to an audience of leaders in the semiconductor, technology and communications industries at Interuniversity Microelectronics Centre’s flagship annual event, ITF World, Huang ...
Together raises $20M to decentralize and open-source AI model creation
Together, a startup that’s building a decentralized, open-source cloud for artificial intelligence development, announced Sunday it has raised $20 million in seed funding. The round was led by Lux Capital and saw participation from a host of other investors, including Factory, SV Angel, First Round Capital, Long Journey Ventures, A Capital, Robot Ventures, Common Metal, ...
OpenAI rolls out ChatGPT plugins for paid subscribers
OpenAI LP is enhancing the ChatGPT experience for subscribers with the addition of web browsing capabilities and access to more than 70 plugins that will roll out this coming week. The launch of the experimental new features will enable ChatGPT to accomplish many more tasks than it could before, the company tweeted Friday. ChatGPT is a generative ...