Mike Wheatley
Latest from Mike Wheatley
NetBox Labs, the central nervous system for AI data centers, gets $35M in funding
Network infrastructure automation startup NetBox Labs Inc. is hopeful of growing its relevance among the world’s biggest data center operators after closing on $35 million in Series B funding today. The round was led by NGP Capital and saw participation from Sorenson Capital and Headline, plus existing investors Flybridge Capital, Notable Capital, Mango Capital, Salesforce ...
Akka strives to create more certainty over AI agent’s behavior and decision-making
Distributed application development platform Akka, officially known as Lightbend Inc., is launching new tools for artificial intelligence developers that it says will reduce the risks associated with agentic AI systems. The company believes that one of the biggest challenges of building AI agents is the complex nature of the distributed systems that power them. To ...
Intel’s RealSense spins out with $50M in funding to help AI humanoid robots see the world
Intel Corp.’s computer vision subsidiary RealSense said today it’s now operating as a standalone company after spinning out from its parent and closing on a $50 million round of funding. The round was led by an unnamed semiconductor private equity firm with participation from strategic investors that included Intel Capital and MediaTek Innovation Fund. It will ...
AWS reportedly set to launch agentic AI marketplace with Anthropic next week
Amazon Web Services Inc. reportedly is set to follow in the footsteps of Microsoft Corp. and Google Cloud and launch a dedicated marketplace for artificial intelligence agents, and its favorite AI developer Anthropic PBC is set to be one of its launch partners. A report by TechCrunch, which cites two anonymous sources familiar with AWS’s plans, said ...
Data center infrastructure automation startup Spacelift gets ready for takeoff after raising $51M
Infrastructure-as-code orchestration startup Spacelift Inc. wants to play a more prominent role in information technology environment automation after closing on $51 million in new funding today. The Series C round was led by Five Elms Capital and saw the participation of Endeavor Catalyst and Inovo Venture Partners. IaC software makes it possible for organizations to create ...
Datafy raises $20M in seed funding to optimize cloud storage costs autonomously
The autonomous cloud storage optimization startup Datafy Inc. says it’s ready to help enterprises pounce on some massive cost savings after closing on $20 million in seed funding. It’s a big number for a seed round, and it comes from some prestigious backers, namely Bessemer Venture Partners, which led the round, and Insight Partners, which ...
Vehicle repair management startup ServiceUp raises $55M
Automotive technology startup ServiceUp Inc. has closed on a hefty $55 million funding round as it accelerates its mission to try and revolutionize the way vehicle fleet operators and insurers conduct vehicle maintenance and repairs. Today’s round was led by PeakSpan Capital and saw participation from existing investors Hearst Ventures, Trestle Partners, Capital Midwest Fund ...
Blok raises $7.5M to build AI agents that simulate human behavior to accelerate software testing
A startup called Blok Intelligence Inc. today said it has raised $7.5 million to transform the software testing process with artificial intelligence agents that simulate the behavior of human users. The money comes via a seed funding round led by MaC Venture Capital, with participation from angel investors at companies that include Google LLC, Apple ...
Red Hat offers free and simple self-serve access to RHEL for application developers
Leading Linux software company Red Hat Inc. says it’s cutting through some of the complexity of today’s intricate hybrid cloud and on-premises computing environments with a new version of its flagship operating system that’s more accessible for developer teams who design and test new applications. The company has announced the general availability of Red Hat ...
GlobalFoundries buys RISC-V chip firm MIPS to accelerate its AI ambitions
U.S. chipmaker GlobalFoundries Inc. is moving into the RISC-V processor business after announcing plans to buy the chip developer MIPS Technology LLC for an undisclosed price. GlobalFoundries said it plans to let MIPS continue to operate as a standalone business, but the acquisition will also allow it to design and build its own processors based ...