Mike Wheatley
Latest from Mike Wheatley
Stravito gets conversational with AI Personas that surface richer insights from market research
The knowledge management startup Stravito AB is using artificial intelligence to transform how companies generate insights from their consumer research. Now, with Stravito AI Personas, the company enables marketing and insights teams to conduct natural language conversations with “interactive consumer profiles” that draw on their research. The idea is to make it easier for these ...
Vercel grabs $300M in late-stage funding to fuel its AI pivot
Vercel Inc., the front-end development specialist that enables companies to build and deploy scalable websites quickly, said today it has raised $300 million in a late-stage round to accelerate its transition to focus on artificial intelligence. The company said its oversubscribed Series F funding round was led by Accel and the Singaporean sovereign wealth fund ...
Meta reportedly acquires startup Rivos to accelerate work on its in-house AI chips
Meta Platforms Inc. has reportedly acquired an artificial intelligence chip startup called Rivos Inc. as it looks to boost its in-house semiconductor design efforts and reduce its reliance on third-party hardware. Rivos, based in Santa Clara, California, is said to be focused on designing chips based on the open-source RISC-V architecture, which is an alternative ...
Meta strikes expanded $14.2B AI infrastructure deal with CoreWeave
Shares of the cloud data center company CoreWeave Inc. jumped more than 11% in regular trading today after it announced it has signed a new multibillion-dollar agreement with Meta Platforms Inc. to provide it with much-needed artificial intelligence compute infrastructure. The contract requires Meta to pay CoreWeave $14.2 billion for its AI infrastructure services over ...
Akuity’s newest AI automations quickly identify, triage and remediate Kubernetes application incidents
Akuity Inc., a startup that makes it easier for enterprises to build and deploy Kubernetes-based container applications, today announced new artificial intelligence capabilities in its flagship platform. The new features help customers keep their applications running smoothly by automatically detect degraded states, triaging incidents and autonomously implementing fixes to prevent any downtime. The startup, which ...
Commcrete gets $29M to miniaturize satellite communications for military and emergency response teams
Commcrete Ltd., an Israeli company focused on “tactical communications” systems, said today it has raised $29 million in funding to transform almost any radio or vehicle-based system into a satellite-enabled device. The money comes from two separate rounds, with the initial seed funding led by Professor Amnon Shashua, the founder of Mobileye, and the Series ...
Mondoo raises $17.5M to fix software vulnerabilities with AI agents
Mondoo Inc. is pitching its capabilities as the first “agentic vulnerability management” platform to not only categorize but entirely eliminate threats in software after raising $17.5 million in funding today. The new funding round was led by HV Capital and saw participation from existing backers such as Atomico, Firstminute Capital and System One. It brings ...
ServiceNow’s new AI Experience puts agentic automation at the fingertips of every office worker
ServiceNow Inc. has been at the forefront of the artificial intelligence push over the last couple of years, infusing AI models into almost every aspect of its software, which helps businesses to automate their workflows. Now, having built a solid AI foundation, it’s aiming to simplify the way employees interact with the technology with a ...
AI communications compliance startup Umony lands $15M in early funding
Communications compliance startup Umony Ltd. said today it has raised $15 million in an early-stage round of funding as it seeks to become the industry standard for financial institutions and telecommunications operators. The Series A round was led by Notion Capital and saw participation from existing investors SeedCamp and Crane Venture Partners, plus new angel ...
Modal Labs raises $80M to simplify cloud AI infrastructure with programmable building blocks
Cloud computing startup Modal Labs Inc. has raised $80 million in Series B funding and achieved “unicorn” status as it strives to become the infrastructure platform of choice for every stage of artificial intelligence development. Today’s round was led by Lux Capital and saw the participation of several existing investors, bringing Modal’s total amount raised ...