Mike Wheatley
Latest from Mike Wheatley
Dropbox’s stock slides on weak forecast and stalled customer acquisition
File-sharing company Dropbox Inc. delivered fourth-quarter earnings and revenue that topped Wall Street’s estimates, but its revenue growth was painfully slow and guidance for the current quarter came up light, sending investors scurrying away in after-hours trading. The company reported earnings before certain costs such as stock compensation of 73 cents per share, beating the ...
IBM Consulting offers enterprises an easier path to agentic AI
IBM Corp.’s consulting division is stepping up its game in artificial intelligence with the launch today of a new service that can help enterprises automate key business processes with AI agents on their cloud platform of choice. AI Integration Services is an IBM Consulting service that will, in the company’s own words, help customers build ...
Baseten grabs $75M to crank up high-performance inference for AI workloads
BaseTen Labs Inc., an artificial intelligence startup that’s focused on high-performance inference for large language models and other AI applications, said today it has closed on a $75 million Series C funding round led by IVP and Spark Capital. The round, which also saw participation from Greylock, Conviction, South Park Commons, 01 Advisors and Lachy ...
OpenEvidence raises $75M to become the ChatGPT for doctors
The healthcare focused chatbot startup OpenEvidence has closed on $75 million in funding from the venture capital firm Sequoia Capital Operations LLC in a round that values it at more than $1 billion. The round, which came to light today via CNBC, brings OpenEvidence’s total amount raised to more than $100 million, with earlier funding ...
RISC-V chip startup AheadComputing raises $21.5M to fix CPU bottlenecks
The newly minted chipmaking startup AheadComputing Inc. said today it has raised $21.5 million in seed funding to develop and commercialize a new artificial intelligence chipset based on the open-source architecture RISC-V. Today’s round was led by Eclipse and saw participation from a host of other investors, including Maverick Capital, Fundomo and EPIQ Capital Group, ...
Sanas gets $65M in funding to expand its real-time accent translation software
Sanas.AI Inc., a real-time accent translation startup that helps non-native speakers speak more clearly, said today it has raised $65 million in a Series B round of funding. The round brings Sanas’s total amount raised to north of $100 million. It was led by Quadrille Capital and saw participation from investors such as Insight Partners, ...
Box adds agentic AI features and makes it easier for customers to track AI spending
Box Inc., the content management company that helps organizations to manage their files in the cloud, says it’s expanding its artificial intelligence capabilities to more users and adding a new mechanism for tracking AI-related costs, so customers can keep tabs on their spending. The announcement came as the company released yet more AI features into ...
Sawmills raises $10M to cut down observability data costs with AI
Telemetry data management startup Sawmills.AI Ltd. says it’s hoping to help enterprises shave millions of dollars off their observability software bills after raising a fair few million itself. Today it announced it’s closing on a “highly oversubscribed” $10 million seed funding round led by Team8, with participation from Mayfield and Alumni Ventures. In addition, Sawmills ...
Vast Data’s DataStore adds block storage and event streaming to support every kind of workload
Vast Data Inc. has added block storage capabilities and an Apache Kafka-compatible event streaming service to its flagship Vast DataStore offering, transforming it into what it says is the industry’s first “fully unified” data platform for artificial intelligence workloads. With today’s announcements, Vast says it has fulfilled its vision of creating a “universal storage platform” ...
Sonar buys AutoCodeRover to enhance its code quality tools with autonomous AI agents
Code quality testing startup SonarSource SA said today it has acquired AutoCodeRover, the creator of an autonomous artificial intelligence platform for software developers. According to Sonar, the deal will enable its customers to automate tasks such as debugging and issue remediation, so they can spend more time on improving their applications rather than fixing them. ...
