Mike Wheatley
Latest from Mike Wheatley
OpenAI buys Apple Mac automation startup Software Applications
OpenAI said today it has bought a company called Software Applications Inc., which is building an artificial intelligence-based natural language interface for Apple Inc.’s Mac computers. That tool is called Sky, and it has not yet been released, but the company’s website reveals that it’s meant to work as a kind of AI assistant. Similar ...
Intel delivers first profit in six quarters as turnaround gains momentum
Intel Corp.’s turnaround continued making progress, as the company repored strong sales growth in its core personal computer chip business and lower costs from layoffs and other cuts implemented over the past year. The struggling chipmaker, which has fallen far behind rivals such as Nvidia Corp. in the artificial intelligence race, reported a strong revenue ...
Lightricks hits the accelerator, generating video clips in just five seconds
Generative artificial intelligence video pioneer Lightricks Ltd. has responded to recent updates from OpenAI, Google LLC and others with today’s release of what it claims is the fastest video generation model in the business. The new model is called LTX-2, and in addition to the usual improvements in video quality and fidelity, it’s able to ...
Domino Data takes aim at AI costs with autoscaling tools and spot instances
Data science operations startup Domino Data Lab Inc. today unveiled new capabilities in its popular Domino Cloud platform aimed at boosting the scalability of artificial intelligence applications and agents and make them more cost-effective. Domino Cloud is a software-as-a-service platform that’s used by developers from companies such as Bayer AG and Moody’s Corp. to prepare ...
Meta lays off 600 AI workers to streamline its Superintelligence Labs unit
In a surprising move that bucks the trend of Silicon Valley companies aggressively hiring almost anyone with artificial intelligence skills, Meta Platforms Inc. is letting go of more than 600 people from its AI teams. The news was first reported today by Axios, and Meta today confirmed it in a statement to TechCrunch. The layoffs ...
AI operating system startup UnifyApps raises $50M and gets a new co-CEO
UnifyApps, a fast-growing startup that’s trying to build an enterprise-grade operating system for artificial intelligence models and agents, said today it has raised $50 million in a funding round led by WestBridge Capital. It has also named one of its earliest investors, Ragy Thomas (pictured, right), as its chairman and co-chief executive. He’ll lead the ...
IBM’s software growth disappoints investors, sending stock lower
Updated: IBM Corp. delivered third-quarter financial results that surpassed Wall Street’s expectations and raised its guidance, citing tailwinds in artificial intelligence. However, investors were seemingly less than impressed with the company’s software revenue growth, and its stock moved lower after-hours. Update: On Thursday, the stock ended up down only a small fraction of a point. ...
Amazon melds AI with robotics and smart glasses to streamline deliveries
Amazon.com Inc. aims to transform its retail and logistics business with the introduction of more sophisticated robots and artificial intelligence operations tools for warehouses, as well as “smart delivery glasses” for the contractors who deliver its packages to customer’s doors. At its annual Delivering the Future event today in the Bay Area, Amazon lifted the ...
Business AI cloud operator Uniphore gets $260M from Nvidia, Snowflake, Databricks, AMD and others
Enterprise artificial intelligence company Uniphore Technologies Inc. has cemented its transition from call center intelligence to providing a foundation for business AI after closing on a hefty $260 million round of funding today. The Series F investment was led by some illustrious technology companies, including Nvidia Corp., Snowflake Inc., Databricks Inc. and Advanced Micro Devices ...
Platform Engineering Labs launches ‘formae’ to fix broken infrastructure-as-code
Platform Engineering Labs Inc. might not have the most imaginative name, but it has come up with a creative solution to the inefficiencies that continue to plague most infrastructure-as-code platforms. The startup, which was operating under the radar until today, has announced the launch of a new, open-source IaC platform called “formae,” saying it’s the ...