Mike Wheatley
Latest from Mike Wheatley
Low-latency 5G LAN network provider Celona raises $60M in Series C round
The private mobile network operator Celona Inc. announced today it has raised $60 million in a new round of funding to build out its fully integrated 5G local area network system for enterprise companies. Today’s Series C round was led by Digital Bridge, with participation from existing investors including Lightspeed Venture Partners, Norwest Venture Partners, ...
Indico Data’s latest release helps businesses do more with unstructured data
Indico Data Solutions Inc., a provider of artificial intelligence-powered tools for process automation, today announced a major upgrade to its Unstructured Data Platform. Indico has created a platform that’s used primarily by customers in the insurance, financial services and healthcare industries to automate the intake and analysis of documents and image-based data. The platform ingests ...
Nvidia’s Instant NeRF creates super-realistic 3D renderings from a few photos in seconds
Nvidia Corp. today showed off yet another example of its artificial intelligence prowess, unveiling a neural rendering model that can create a 3D environment from a handful of 2D photos in just seconds. The Instant NeRF model revealed today uses a technique known as “inverse rendering” that relies on AI algorithms to approximate how light ...
SoftBank preps Arm IPO, seeking a $60B valuation
Having seen Arm Ltd.’s proposed sale to Nvidia Corp. collapse last month amid regulatory concerns, its parent company SoftBank Group Corp. is eyeing a $60 billion valuation as it prepares to take the chip designer public, reports say. A report in Bloomberg today said SoftBank is poised to hire Goldman Sachs Group Inc., JPMorgan Chase ...
Digits raises $65M to bring live financial reporting to smaller businesses
Real-time accounting software startup Digits Finance Inc. said today it has raised $65 million in a Series C round of funding led by Softbank, with participation from Harry Stebbing’s 20VC Growth, GV and Benchmark. The round brings Digit’s total amount raised to $97.5 million, while its valuation has soared to $565 million. Digits announced the ...
Apple buys UK open banking tech startup Credit Kudos
Apple Inc. has reportedly acquired the U.K. open banking firm Credit Kudos Ltd., a company that helps banks do credit scoring, for around $150 million. Credit Kudos sells software that helps banks to make smarter decisions on whom to lend money to. Its software provides insights and scores for consumers based on transaction and loan ...
Amazon doubles down on cloud gaming with AWS for Games
Amazon Web Services Inc. announced today the availability of a new set of products and services aimed at videogame developers. The new offering, appropriately called AWS for Games, encompasses a suite of services and tools in six areas: cloud game development, game servers, game security, game analytics, live operations, and game artificial intelligence and machine ...
Google to let app developers, starting with Spotify, test their own in-app billing systems
Google LLC revealed today that it’s working with the music streaming app Spotify Inc. to test out third-party billing options for app developers. The announcement comes in the wake of massive pressure on Google and its rival Apple Inc. over the fees they collect on transactions in apps on their mobile platforms, Android and iOS. ...
Adobe beats expectations but weak outlook sends its stock down after-hours
Software company Adobe Inc. posted a fiscal first-quarter profit and revenue that topped expectations today, but its outlook for the next quarter was lower than expected, sending its stock down in after-hours trading. The company reported first-quarter earnings of $3.37 per share on sales of $4.26 billion, up 9% from a year ago. Its net ...
Nvidia unveils new platforms for advanced robotics & autonomous driving systems
Nvidia Corp. is boosting its robotics capabilities with the launch of its new Nvidia Jetson AGX Orin developer kit, a powerful, compact and energy-efficient artificial intelligence supercomputer designed to power autonomous machines and robots. Announced at the Nvidia GTC conference today, the Jetson AGX Orin is powered by a single Nvidia A100 graphics processing unit and multiple ...