Mike Wheatley
Latest from Mike Wheatley
Microsoft to spend $17.5B on AI infrastructure to support India’s AI ambitions
Microsoft Corp. said today it’s going to invest $17.5 billion into building out its data center and artificial intelligence infrastructure in India, as part of an effort to scale its presence in the South Asian country, which is fast becoming a major battleground for global technology giants. The investment was announced by Microsoft Chief Executive ...
Mistral AI’s Devstral 2 is an open-weights vibe coding model built to rival the best proprietary systems
French artificial intelligence startup Mistral AI is jumping into the vibe coding market with the launch of Devstral 2, a new model that’s built specifically to handle advanced coding tasks. Announced today, Devstral 2 is a 123 billion-parameter model that comes with autonomous software engineering capabilities that the company says can rival those of the ...
Snowflake Ventures invests in data trust startup Ataccama to boost agentic reliability
Agentic data trust company Ataccama Corp. said today it has closed on a strategic investment of an undisclosed amount from Snowflake Ventures. The data company said it would help deepen its interaction with Snowflake Inc.’s AI Data Cloud platform and deliver more trusted and explainable data for enterprise’s artificial intelligence projects. Ataccama is the creator ...
Pryzm raises $12.2M in seed funding to accelerate procurement for defense tech innovators
A procurement startup called Pryzm Dynamics Inc. has raised $12.2 million in a seed funding round led by high-profile investor Andreessen Horowitz’s American Dynamism fund to try to accelerate innovation in the U.S. defense sector. The round, which includes participation from existing investors XYZ, Amplify.LA and Forum Ventures, will help the startup scale up its ...
Trump agrees to let Nvidia sell more powerful H200 GPUs to Chinese companies
U.S. President Donald Trump said today on social media that he will allow Nvidia Corp. to sell its H200 graphics processing units to “approved customers in China,” reversing a policy that had previously prohibited the product from being shipped to the country. In a post on Truth Social, Trump (pictured) said that Chinese President Xi ...
Report: Nvidia and SoftBank to invest $1B in robotic brains startup Skild AI
Nvidia Corp. and SoftBank Group Corp. are reportedly holding talks with the robotic artificial intelligence startup Skild AI over a $1 billion investment. The proposed round would bring the startup’s valuation to more than $14 billion. Skild AI was last valued at $4.7 billion after raising $500 million in May from investors including SoftBank, Nvidia, ...
Antioch lands $4.25M in preseed funding to accelerate autonomous robot testing with digital twins
Robotics software testing startup Antioch Inc. says it’s going to make science fiction a reality after raising $4.25 million in a preseed funding today. Antioch was founded earlier this year by a team of Stanford University alumni that has firsthand experience of the difficulties of testing autonomous software for robotics systems. Advances in AI promise ...
HPE misses revenue targets as AI server sales slide on customer delays
Hewlett Packard Enterprise Co. is taking on more big business and government customers as it tries to grow its presence in the artificial intelligence server segment, but that strategy has temporarily hurt its sales, it said today as it delivered its latest financial results. The company reported fourth-quarter earnings before certain costs such as stock ...
Prophecy accelerates data pipeline construction with quick-start AI agents
Agentic data preparation startup Prophecy Inc. today announced a new “rapid deployment option” for companies that need to get new data pipelines up and running for their most urgent and critical new projects. The company said Enterprise Express is aimed at companies with smaller teams that are looking to deliver a clear return on investment ...
UiPath beats expectations as it doubles down on agentic AI orchestration
Business automation software company UiPath Inc. beat expectations for its third-quarter financial results today and followed up with strong guidance for the current quarter. The company reported adjusted earnings of 16 cents per share, just edging past Wall Street’s consensus estimate of 15 cents, while revenue rose 16%, to $411.1 million, crushing the analysts’ forecast ...