Mike Wheatley
Latest from Mike Wheatley
Portrait Analytics raises $3M to launch AI-powered investment research assistant
Portrait Analytics, a startup building a generative artificial intelligence-powered research platform for investment analysts, said early today that it has closed on a $3 million pre-seed funding round. Today’s round was led by .406 Ventures and saw participation from a number of unnamed partners at leading hedge funds. The startup is attempting to bring the ...
Amid ‘hallucinations,’ OpenAI details how it’s striving to improve the accuracy and safety of its AI systems
Just hours after U.S. President Joe Biden called on artificial intelligence software developers to take responsibility for the safety of their products, ChatGPT creator OpenAI LP has gone public on the measures it takes to minimize the dangers its systems might pose. In a blog post today, OpenAI said it recognized the potential risks associated ...
Vianai Systems brings generative AI to investors with ‘hila’ chat assistant
Human-centered artificial intelligence firm Vianai Systems Inc. today launched what it says is a first-of-its-kind AI chat assistant for institutional and retail investors, investment banking analysts and other professionals. The assistant, called “hila,” is available to use for free in beta for a limited time, and Vianai claims that it will set a new standard ...
Startup Agnostiq raises $6.1M to integrate quantum with high-performance computing
Quantum computing startup Agnostiq Inc. said today it has closed on a seed funding round worth $6.1 million to help accelerate the development of its enterprise-grade quantum and high-performance computing platform. Today’s round was led by Differential Ventures and saw participation from existing investors Scout Ventures, Tensility Venture Partners, Green Egg Ventures and Rob Granieri, ...
Meta Platforms releases Segment Anything Model to accelerate computer vision research
Artificial intelligence researchers at Meta Platforms Inc. said today that they’re hoping to democratize a key aspect of computer vision. It’s known as “segmentation,” which refers to the ability to identify which pixels in an image belong to a specific object. The company said it’s releasing both its new Segment Anything Model, known as “SAM,” and ...
President Biden says tech firms must ensure their AI products are safe
U.S. President Joe Biden today met with his Council of Advisors on Science and Technology to discuss the potential risks and opportunities introduced by rapid advancements in the development of artificial intelligence recently. Biden (pictured) said in a statement that technology companies developing AI “have a responsibility to make sure their products are safe before ...
Google Cloud brings new blood into its go-to-market organization
Google Cloud said today it’s making some big changes within its go-to-market organization, just weeks after it elevated Adaire Fox-Martin into a newly created role that made her the top sales executive for the cloud infrastructure business. The changes at Alphabet Inc.’s cloud unit include a raft of new executive hires and the rebranding of ...
Supply chain sustainability startup Everstream Analytics raises $50M
Supply chain insights and risk analytics firm Everstream Analytics, officially known as Resilience360 Inc., said today it has closed on a $50 million funding round. Morgan Stanley Investment Management’s 1GT private equity platform co-led the Series B round together with StepStone Group, with existing investor Columbia Capital also participating. Everstream offers a cloud-based platform that ...
Zilliz Cloud updates its vector database to fix AI hallucinations
Vector database startup Zilliz Inc. said today that its newly updated Zilliz Cloud offering could be just the tonic for artificial intelligence practitioners looking to avoid the pitfalls of hallucinations. Large language models such as ChatGPT have captured the imagination recently for their uncanny ability to provide humanlike responses to almost any question on any ...
Apple to cut small number of jobs in its corporate retail teams
Apple Inc., which has until now resisted announcing a major round of job cuts, is looking to eliminate a small number of roles within its corporate retail teams, according to a report today by Bloomberg. The iPhone and Mac computer maker is cutting positions in what is internally known as its development and preservation teams, ...