Mike Wheatley
Latest from Mike Wheatley
TSMC raises concerns over U.S. CHIPS Act subsidies
The world’s biggest computer chip maker, Taiwan Semiconductor Manufacturing Co., is reportedly seeking assurances from the U.S. government about subsidies it will receive for the $40 billion manufacturing facilities it’s planning to build in Arizona. At a time when it’s facing a sharp drop in revenue, TSMC is said to be discussing Washington’s “guidance” over a ...
Sensible Technologies applies GPT-4 to document data extraction
Document transformation startup Sensible Technologies Inc. today became the latest company to embrace the phenomenon that is generative artificial intelligence, as it announced the availability of a new tool powered by OpenAI LP’s GPT-4 that makes it simple to extract information from unstructured documents. With Sensible Instruct, it becomes possible to use natural language to extract ...
EU lawmakers finally set to approve European Chips Act
European Union countries and lawmakers are expected to give the green light to a 43 billion euro ($47 billion) plan that will help its semiconductor industry catch up with Asia and the United States, Reuters reported today. The EU’s Chips Act was announced last year, as countries in the region determined to reduce their reliance ...
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 ...