Mike Wheatley
Latest from Mike Wheatley
Cognichip raises $60M to reinvent chip design with physics-inspired AI models
Cognichip said today it has raised $60 million in funding to try to accelerate momentum for the emerging concept of physics-informed chip design powered by advanced artificial intelligence models. The round was led by Seligman Ventures and saw participation from Mayfield, Lux Capital, FPV and Candou Ventures, plus Intel Chief Executive Lip-Bu Tan, who will ...
Nomadic is making video data searchable for AI model training after raising $8.4M in funding
NomadicML Inc. said today it has raised $8.4 million in seed funding to address the critical video data management headaches that are unique to autonomous robots and vehicles. The round was led by TQ Ventures and saw participation from Pear VC, with Google LLC artificial intelligence wizard Jeff Dean and a number of executives from ...
Salesforce transforms Slackbot into the ultimate work assistant with 30 new AI features
Cloud software giant Salesforce Inc. has been trying to rebuild its customer relationship management business with artificial intelligence at its core, and its latest announcement provides the clearest vision of where it’s heading: The company has just revealed a massive update to its collaboration platform Slack, positioning it as the new interface for enterprise work. ...
OpenAI closes record-breaking $122B funding round that brings its valuation to $852B
OpenAI Group PBC showed that it’s still the darling of artificial intelligence investors today, announcing it has raised $122 billion at an $852 billion valuation, the largest funding round in Silicon Valley’s history. The round, which comes at a time when the company is believed to be gearing up for an initial public offering, will ...
AWS pushes to automate application monitoring and penetration testing with AI agents
Amazon Web Services Inc. today announced the immediate availability of two potentially transformative tools: the AWS DevOps Agent and the AWS Security Agent. They’re designed to act as “always-on” teammates that can be paired with DevOps and security teams, so that humans can focus less on reactive problem solving and more on proactive optimization, the company ...
Lazarus AI debuts its Applied Intelligence Engine to help enterprises move pilots into production
Lazarus Enterprises Inc. says it’s going to help organizations get around the “last mile” problem in artificial intelligence with the launch of its new Applied Intelligence Engine. Announced today, it’s a model-agnostic infrastructure platform that’s designed for regulated industries such as healthcare, financial services and government – sectors where so-called “hallucinations” aren’t just a nuisance, ...
Jimini Health raises $17M for its clinically supervised mental healthcare chatbot app
An startup called Jimini Health Inc. is targeting mental health providers after raising $17 million in seed funding to build its patient-facing artificial intelligence infrastructure. The round was led by M13 and saw participation from Town Hall Ventures, LionBird, Zetta Venture Partners and OneMind, bringing the startup’s total amount raised to more than $25 million. ...
AI-generated code verification startup Qodo raises $70M
A startup called Qodo, officially known as Codium Ltd., today said it has raised $70 billion in a Series B funding round that brings its total funding to date to $120 million. Few areas have felt the impact of generative artificial intelligence as much as software development. Tools such as Anthropic PBC’s Claude Code and ...
SAP buys Reltio to pull in more outside data for AI agents
SAP SE is buying the data integration and management firm Reltio Inc. for an undisclosed fee in order to boost the capabilities of SAP Business Data Cloud. The enterprise resource planning software giant launched SAP Business Data Cloud last year in partnership with the cloud data lake giant Databricks Inc. The platform is designed to enable ...
Sycamore raises $65M from Silicon Valley heavyweights to build governance layer for enterprise AI agents
Sycamore Labs, a Palo Alto-based startup led by former Atlassian Group Corp. Chief Technology Officer Sri Viswanath, said today it has raised $65 million in seed funding to build the “agentic operating system” for the enterprise. The round was led by heavy hitters, including Coatue, whom Viswanath previously worked for, and Lightspeed Venture Partners. Other ...