Mike Wheatley
Latest from Mike Wheatley
Integrated photonics startup OpenLight gets $34M to design and build faster interconnects for AI chips
Data center interconnect design and manufacturing startup OpenLight Photonics Inc. says it wants to accelerate the transition to silicon photonics after spinning out of its parent company Synopsys Inc. and closing on $34 million in Series A funding. Today’s round was co-led by Xora Innovation and Capricorn Investment Group and saw participation from Juniper Networks, ...
D-Matrix reveals plan to break through AI’s ‘memory wall’ with 3D DRAM-based chip architecture
Artificial intelligence computing startup D-Matrix Corp. said today it has developed a new implementation of 3D dynamic random-access memory technology that promises to accelerate inference workloads by “orders of magnitude.” The new technology was announced at the Hot Chips 2025 conference, where the company is showcasing how it will enable new frontier models to scale ...
Linux Foundation takes over Solo.io’s open-source Agentgateway project
Cloud-native application networking startup Solo.io Inc. has donated its open-source Agentgateway project to the Linux Foundation, ensuring its development will proceed under neutral governance for the foreseeable future. The Agentgateway project is an open-source and artificial intelligence-native proxy that’s designed to optimize connectivity, security and observability for agentic AI environments. The project has been optimized ...
Workday’s stock falls on disappointing guidance and persistent concerns about AI threat
Workday Inc.’s stock came under pressure in late trading today after the company issued guidance for the current quarter merely in line with expectations, eroding whatever optimism was generated by its solid second-quarter earnings results. The company reported a profit before certain costs such as stock compensation of $2.21 per share, easing past Wall Street’s ...
Vast Data’s SyncEngine helps AI agents to tap unstructured data from every source
Data storage company Vast Data Inc., which is in the process of transforming itself into an “operating system” for artificial intelligence, today announced a new capability called Vast SyncEngine. The company says it acts as a “universal data router,” combining a highly performant onboarding system for unstructured data with a global catalog for building AI ...
Definite bags $10M in funding to replace clunky big-data warehouses, connectors and BI tools
A startup called Definite reckons it can help businesses to do away with their clunky big-data stacks and business intelligence tools after raising $10 million in seed funding today. The round was led by Coatanoa and saw participation from Acrew Capital and a number of strategic angel investors. Definite, officially known as Luabase Inc., is ...
KnowledgeLake raises $65M to bring AI-native synthetic labor to midsized enterprises and government agencies
Self-styled “synthetic labor” startup KnowledgeLake Inc. has become the latest “agentic” artificial intelligence platform to attract millions in funding. It has raised $65 million in a majority growth investment round led by Edison Partners, with participation from some of its existing shareholders. Today’s round came as it announced a new chief executive: long-serving executive Kevin ...
IBM’s and NASA’s Surya AI model is designed to predict the next ‘Carrington-class’ solar storm
IBM Corp. said today it’s teaming up with experts from the National Aeronautics and Space Administration to create an artificial intelligence model that can provide an early warning about solar flares and coronal mass ejections that could cause serious disruption to life on Earth. The new open-source model, called Surya, named after the Sanskrit word for ...
Upstage bags $45M to expand its AI-native document intelligence suite to the US
The South Korean document intelligence startup Upstage Co. Ltd. wants to expand into the U.S. after raising $45 million in a Series B bridge round. Today’s round, led by the Korea Development Bank and the venture capital arms of Amazon.com Inc. and Advanced Micro Devices Inc., comes 16 months after Upstage announced the completion of a ...
Casca gets $29M to bring AI-native loan origination tech to local banks
A startup called Cascading AI Inc. said today it has closed on a $29 million Series A funding round to support the expansion of its artificial intelligence-native loan origination platform, bringing its total amount raised to date to $33 million. Today’s round was led by Canapi Ventures and saw support from customers including Live Oak ...