Mike Wheatley
Latest from Mike Wheatley
Agentic go-to-market automation startup Alta AI Inc. said today it has raised $25 million in an early-stage round of funding as it tries to accelerate its mission to enhance customer acquisition for enterprises. The Series A round follows a period of explosive …
Microsoft is reportedly ditching OpenAI’s and Anthropic’s AI models in favor of its own to cut costs
Microsoft Corp. is reportedly transitioning away from using OpenAI Group PBC’s and Anthropic PBC’s most advanced artificial intelligence models in favor of its own — increasingly leaning on the new Microsoft AI or MAI model family, despite publicly asserting that those models …
Report: China’s DeepSeek follows OpenAI in developing its own custom inference chips
DeepSeek Ltd., one of China’s most visible artificial intelligence companies, is pushing to design its own, in-house silicon aimed at inference workloads, according to a report by Reuters today. The report cites three people familiar with the company’s plans as saying that …
Tangos grabs $20M in funding to take on the bad guys by automating financial crime investigations
Tangos AI Inc., a startup that uses artificial intelligence to conduct financial crime investigations at unprecedented scale, said today it has closed on $20 million in seed funding. The round was led by Red Dot Capital Partners and saw participation from Leaders …
IBM debuts compact z17 mainframes and LinuxONE servers for on-premises enterprise AI
IBM Corp. today announced a massive expansion of its on-premises enterprise infrastructure lineup, with new single-frame and rack-mount versions of its iconic z17 mainframes and more compact LinuxONE 5 server platforms. The new lineup includes the IBM LinuxONE Rockhopper 5 and IBM …
Syntiant, which makes low-power chips for on-device AI, files for initial public offering
A chipmaker called Syntiant Corp. that specializes in making low-powered processors that run artificial intelligence locally on devices has filed to go public. The company filed its initial public offering paperwork with the U.S. Securities and Exchange Commission earlier today in a …
Samsung says memory chip demand will drive 19-fold jump in operating profit
Record-breaking memory chip sales and prices are set to drive a 19-fold increase in Samsung Electronics Co. Ltd.’s second-quarter operating profit, according to a preliminary earnings report issued by the company today. The strong forecast by Samsung, one of the world’s largest …
Memory chipmaker SK hynix seeks to raise $28B through US IPO
SK hynix Inc., the South Korean firm that rivals Samsung Electronics Co. Ltd. and Micron Technology Inc. as one of the world’s top memory chipmakers, said today it will sell almost 17.8 million shares when it launches its U.S. initial public offering …
Amazon’s Mechanical Turk service now on life support as it stops accepting new users
Amazon Web Services Inc. is no longer accepting new customers for its decades-old Mechanical Turk service, in what is likely a death knell for the pioneering crowdsourcing marketplace. Launched in 2005, Mechanical Turk predates Amazon’s public cloud infrastructure business by a year. …
Mark Zuckerberg says Meta’s agentic AI efforts aren’t progressing as fast as he had hoped
Meta Platforms Inc. Chief Executive Mark Zuckerberg told employees at an internal town hall meeting that the company’s work on artificial intelligence agents hasn’t progressed as quickly as he had hoped. It’s a rare admission from the founder that not everything is …