Mike Wheatley
Latest from Mike Wheatley
The defense-focused artificial intelligence systems infrastructure startup Valarian Technologies Ltd. said today it has closed on a hefty $50 million early-stage funding round as it looks to position itself as a critical player in the emerging “sovereign AI” market. The Series A …
Custom AI chip design startup TYLsemi launches with $43M in early-stage funding
Artificial intelligence chiplet startup TYLsemi Inc. revealed itself to the world today, announcing it has raised $43 million in early-stage funding to disrupt the semiconductor industry and transform the way companies design and develop custom AI accelerators. Today’s round was led by …
Spatial AI startup Augmodo raises $21M to expand beyond retail stores
Spatial artificial intelligence startup Augmodo Inc. said today it has raised $21 million in an impromptu funding round that lifts its valuation to $350 million. TQ Ventures served as the lead investors, with participation from Lerer Hippeau, Jefferson River Capital, Arena Holdings, …
Web data scraping infrastructure startup Oxylabs reels in $130M in its first funding round
Data scraping startup Oxylabs UAB has broken into unicorn territory after raising $130 million in funding from the private equity firm Warburg Pincus LLC. The round is the first time the bootstrapped company has ever sought outside funding, and lifts its valuation …
Shares of memory chip giant SK hynix rise after it bags $26.5B in blockbuster US listing
Updated with Friday trading: Shares of South Korean memory chipmaker SK hynix Inc. opened at 14% over their initial asking price Friday, a day after it priced its American Depository Receipts at $149, raising about $26.5 billion. Shares opened at $170 as they …
OpenAI debuts ChatGPT Work, an agentic tool for automating business workflows
OpenAI Group PBC today launched a new “agentic” tool called ChatGPT Work as it announced the global rollout of its most advanced model family so far in GPT-5.6. ChatGPT Work is a new mode within ChatGPT that’s designed to perform actions autonomously …
Meta reportedly testing prototype AI specs that record everything the user sees and hears
Meta Platforms Inc. this week sought to reassure consumers about the privacy safeguards of its controversial artificial intelligence-enabled glasses, yet at the same time it’s reportedly pushing even creepier capabilities in its “internal prototypes.” The company’s AI-powered eyewear has a growing reputation …
Blue Origin seeks to raise $10B from external investors in first VC-led funding round
Jeff Bezos’s rocket company Blue Origin Enterprises LP is reportedly looking to raise money from outside investors for the first time in more than two decades. The company is in talks to secure $10 billion from venture capitalists in a round that …
SpaceXAI’s newest AI model Grok 4.5 dramatically undercuts Anthropic and OpenAI on price
Elon Musk’s SpaceXAI Corp. has released a new model called Grok 4.5, in what is its first major launch since it went public a few weeks earlier. In a blog post earlier today, the company said Grok 4.5 is designed to be …
Apple promises to buy $30B worth of US-made chips from Broadcom
Apple Inc. said today it has penciled in a new multiyear deal with Broadcom Inc. that’s expected to be worth more than $30 billion, in what is the iPhone maker’s largest commitment to U.S. manufacturing so far. The deal, announced this morning, …