Mike Wheatley
Latest from Mike Wheatley
Report: SoftBank scrambles to find $22.5B for OpenAI before the end of the year
SoftBank Group Corp. needs to come up with $22.5 billion by the end of the year to make good on a commitment to its artificial intelligence partner OpenAI Group PBC. Reuters said in an exclusive report today that SoftBank Chief Executive Masayoshi Son has a number of levers he can pull in order to get the ...
Instacart shuts down dynamic AI pricing experiments following scrutiny of its tests
Instacart operator Maplebear Inc. said today it’s going to cancel a controversial experiment that used artificial intelligence to show different prices for different products to some consumers. The company said in a blog post that retailers will no longer be given access to its Eversight technology, which allowed them to use AI algorithms to experiment ...
Waymo’s robotaxis lose their way as San Francisco traffic lights go blank
Robotaxis operated by Google’s Waymo LLC came to an abrupt halt across San Francisco on Saturday evening after a power outage uncovered a major flaw in the way the autonomous vehicles navigate. The outage was first reported by CNBC and left more than 130,000 homes without power while knocking out traffic lights at major intersections ...
Report: AI chipmaker Cerebras Systems rekindles IPO plans, targeting early 2026 listing
Artificial intelligence chipmaker Cerebras Systems Inc. has not given up on its ambitions to go public, and could be preparing to file the paperwork for its U.S. initial public offering as early as this week, according to a report by Reuters late Friday. The chipmaker, which develops high-performance silicon for AI training and inference, is ...
Investing analytics software maker Clearwater agrees to be taken private in $8.4B deal
The investment and accounting software firm Clearwater Analytics Holdings Inc. said today it will be taken private by the private equity firms Permira Holdings Ltd. and Warburg Pincus LLC in a deal valued at $8.4 billion. The private equity firms said they have agreed to buy Clearwater at a price of $24.55 per share in cash, ...
AI-aided design software startup Neural Concept raises $100M to accelerate product engineering
Swiss artificial intelligence startup Neural Concept SA said today it has raised $100 million in funding to rethink how products are designed and engineered with computer-aided design software tools. The Series C round was led by Growth Equity at Goldman Sachs Alternatives and saw participation from Forestay Capital, Alven, HTGF, D.E. Shaw Ventures and Aster ...
OpenAI’s GPT-5.2-Codex advances software engineering with better reasoning and context understanding
OpenAI Group PBC today released a new version of GPT-Codex, its agentic artificial intelligence coding model that’s designed to automate complex software engineering tasks. The latest version, GPT-5.2-Codex, builds upon the capabilities of GPT-5.2, adding improvements in context compaction, large code refactoring, Windows environment performance and cybersecurity, the company said. According to OpenAI’s blog post, ...
Anthropic makes agent Skills an open standard
Anthropic PBC said today it’s updating its Skills feature, which enables companies to teach its powerful large language model how to perform very specific, work-related tasks. The update comes as the artificial intelligence industry doubles down on so-called AI agents, which are AI systems designed to work autonomously with minimal human supervision. As part of today’s ...
AI-native trucking insurance startup Nirvana Tech bags $100M late-stage round
Commercial trucking insurance startup Nirvana Tech Inc. said today it has raised $100 million in a late-stage round of funding that will fuel its expansion into new industry segments. The startup has built what it describes as the world’s first artificial intelligence-native operating system for insurance, combining telematics data with specialized large language models that ...
Patronus AI’s debuts Generative Simulators to support continuous evolution and improvement of AI agents
Artificial intelligence model training and testing tools startup Patronus AI Inc. today announced the availability of a new offering called “Generative Simulators” that are designed to help evaluate and improve autonomous AI agents. The new simulators are a core element of Patronus AI’s reinforcement learning environments, which are simulated worlds that enable thorough testing of AI ...