Mike Wheatley
Latest from Mike Wheatley
Greptile bags $25M in funding to take on CodeRabbit and Graphite in AI code validation
Greptile, a startup that’s building artificial intelligence-based code reviewers to validate human- and AI-generated software, has raised $25 million in an early-stage round of funding as it looks to keep pace with its rivals. Today’s Series A round was led by Benchmark Capital and saw participation from existing investors Y Combinator, Initialized Capital and the ...
Micron beats expectations again on soaring AI memory chip demand
Memory chipmaker Micron Technology Inc. reported strong fourth-quarter earnings and revenue today and followed with guidance that came in well ahead of expectations, sending its stock higher in extended trading. The company reported earnings before certain costs such as stock compensation of $3.03 per share, cruising past Wall Street’s target of $2.86 per share, and ...
Enterprise AI consultancy Distyl AI’s valuation soars to $1.8B after bumper funding round
Artificial intelligence startup Distyl AI Inc. is growing its reputation as an AI consultancy that delivers rapid, real results for enterprises after closing on a bumper $175 million funding round at a $1.8 billion unicorn valuation today. The round was led by Lightspeed and Khosla Ventures and saw the participation of Coatue, Dell Technologies Capital ...
Trump administration imposes $100K annual fee on H-1B visas, sparking criticism and panic
President Donald Trump signed an executive order on Friday mandating a $100,000 application fee for “highly-skilled” foreign workers entering the country on HB-1 visas, causing panic and confusion as companies urged traveling employees to race back to the U.S. before the ruling goes into effect. The H-1B work visa is typically used by technology companies ...
Netskope’s stock gains 18% following IPO that raised $908M
Netskope Inc.’s life as a publicly traded company got off to a great start today as its stock soared more than 18%, closing at $22.49 per share, down slightly from an intraday peak of $24.40. Its impressive stock market debut followed an initial public offering that saw Netskope price its shares at $19, at the ...
Google is transforming Chrome into an AI-native browser
Google LLC has long used its Chrome web browser as a way to boost the popularity of its products and services, notably to strengthen its dominance in search, and now it’s trying to do the same for artificial intelligence. The company today revealed it’s enhancing Chrome with a host of new AI features powered by ...
Microsoft to invest $4B to build second data center facility in Wisconsin
Microsoft Corp. today revealed plans to spend $4 billion building a second data center in Wisconsin, having already begun construction on an initial facility nearby that’s set to cost about $3.3 billion. At a town hall meeting in Mount Pleasant, Microsoft President and Vice Chairman Brad Smith told residents that the company is planning to ...
Meta’s new Ray-Ban smart glasses have an integrated display and gesture-based controls
Meta Platforms Inc. is racing ahead of its competitors in the virtual reality and augmented reality worlds with the launch of a new and more sophisticated pair of Ray-Ban branded smart glasses. It debuted alongside a new technology called Hyperscape, which enables Meta’s VR headset Quest to replicate real-world spaces in a virtual environment. Meta ...
Upscale AI gets $100M for a new kind of AI networking infrastructure built on open standards
Artificial intelligence is putting existing networks under immense strain, and they have emerged as one of the major constraints on the development of more powerful large language models and AI algorithms. To solve this problem, what’s required is an entirely new network infrastructure that’s based on open standards. Upscale AI Inc. says it has both the ...
Dev tool startup Blacksmith Software gets $10M to accelerate continuous integration
A startup called Blacksmith Software Inc. wants to eliminate the inefficiencies around building and testing new software releases after closing on $10 million in an early-stage funding funding. Today’s Series A round was led by Google Ventures, which also backed the startup when it raised $3.5 million in seed funding in May, and saw participation ...