Mike Wheatley
Latest from Mike Wheatley
Capgemini buys business automation firm WNS for $3.3B to enhance its agentic AI expertise
French technology consulting services giant Capgemini SE said today it has agreed to buy the Indian business process automation firm WNS Holdings Ltd. in a $3.3 billion cash deal, as part of an effort to expand the range of artificial intelligence tools it can offer to customers. The acquisition will enable Capgemini to create a consulting ...
Synfini gets $8.9M to accelerate drug discovery with AI
Drug discovery startup Synfini Inc. said today it has closed on an $8.9 million expansion funding round led by JSL Health Capital, bringing its total amount raised to date to $53 million. The company has made a name for itself by combining neuro-symbolic artificial intelligence with physical and virtual chemistry. It has put vast proprietary ...
Report: Meta is developing chatbots that will send unsolicited messages to users
Meta Platforms Inc. is working on more proactive chatbots that can send friendly yet unsolicited follow-up messages to users on Facebook, WhatsApp and Instagram, without being prompted to do so first. The company’s latest generative artificial intelligence initiative was reported by Business Insider. It said the chatbots are being developed in collaboration with a data ...
Europe’s biggest companies call for two-year pause on EU’s landmark AI Act
A coalition of Europe’s biggest enterprises, including Airbus SE, Mercedes-Benz AG and BNP Paribas Group is asking the European Union to freeze the implementation of a new artificial intelligence law, saying it could prevent the bloc from keeping up with the pace of development in China and the United States. The chief executive officers of ...
Perplexity AI launches new ‘Max’ subscription priced at $200/month
Artificial intelligence search firm Perplexity AI Inc. is matching its industry rivals with the launch of a new $200-per-month subscription plan for power users, it said in a blog post today. Billed as the company’s “most powerful subscription tier yet,” the Perplexity Max plan provides unlimited access to its new spreadsheet and report generation tool ...
Report: Intel considers moving on from 18A chip manufacturing process
Intel Corp. is set to revamp its contract chip manufacturing business by pivoting away from its highly publicized 18A process and switching its attention to its next-generation 14A node in an effort to win over new customers. The company’s proposed strategic shift was first reported by Reuters and later, the German-language outlet ComputerBase, with both ...
Agentic AI workflow automation startup FileAI launches in public access
FileAI says it’s ready to supercharge workflow automation across the accounting, data collection, financial services, legal and insurance industries with a new agentic artificial intelligence platform that it says is capable of automating hundreds of manual and repetitive tasks. The startup, officially known as Bluesheets Pte Ltd., has developed an agentic AI platform that’s geared ...
Chinese GPU startups Moore Threads and MetaX file for IPOs, seeking a combined $1.65B in funding
China’s domestic chipmaking industry is gaining momentum as U.S. sanctions on the export of advanced chips to that country accelerate local demand, prompting two of its major players to file for initial public offerings on the Shanghai Stock Exchange’s technology-focused STAR index. A report in Reuters says Beijing-based Moore Threads Technology Co. Ltd. and Shanghai-headqaurtered ...
Data labeling startup Surge AI reportedly seeking $1B in first capital raise
Data-labeling startup Surge Labs Inc. is hoping to capitalize on the recent customer exodus at its main rival Scale AI Inc., and to do that it’s reportedly seeking up to $1 billion in venture capital funding. That’s according to an exclusive report by Reuters, which cites anonymous sources as saying Surge AI has hired advisers ...
Concentric AI buys startups Swift Security and Acante to expand scope of data protection platform
Data security startup Concentric Software Inc. said today it has snapped up a couple of smaller startups to bolster its comprehensive artificial intelligence-powered governance platform. It said the acquisitions of Swift Security and Acante Inc. will enable it to unify its expertise in data security posture management, adding data loss prevention and generative AI governance ...
