Mike Wheatley
Latest from Mike Wheatley
Chinese AI startup DeepSeek’s newest model surpasses OpenAI’s o1 in ‘reasoning’ tasks
Chinese artificial intelligence startup DeepSeek has unveiled a new “reasoning” model that it says compare very favorably with OpenAI’s o1 large language model, which is designed to answer math and science questions with more accuracy than traditional LLMs. The startup, which is an offshoot of the quantitative hedge fund High-Flyer Capital Management Ltd., revealed on ...
Snowflake’s shares surge higher on blowout earnings, a promising acquisition and new AI partnership
Shares of the cloud data warehouse company Snowflake Inc. jumped more than 30% in trading Thursday, with the bullish sentiment driven by a crushing earnings and revenue beat and increased guidance for the fiscal year. The company also announced a key partnership with the artificial intelligence firm Anthropic PBC and said it’s going to acquire ...
Nvidia posts another strong earnings beat as customers race to deploy next-gen Blackwell GPUs
Updated with Thursday stock price: Artificial intelligence chipmaker Nvidia Corp. delivered a better-than-expected earnings and revenue beat as it posted its hotly anticipated third-quarter financial results. It also offered guidance for the coming quarter that was higher than expectations, yet its stock fell almost 2% in extended trading. Update: After sleeping on it, investors decided ...
Google DeepMind’s AlphaQubit tackles quantum error detection with unprecedented accuracy
Google DeepMind’s quantum research team says it’s using advanced artificial intelligence algorithms to solve one of the biggest challenges that prevents them from building a reliable quantum computer – error correction. In a paper published in the journal Nature, the Google DeepMind and Quantum AI teams introduced a new, AI-powered decoder system for quantum computers ...
Generative AI drug discovery hub Converge Bio raises $5.5M to understand the ‘language of biology’
Drug discovery startup Converge Bio Inc. said today it has closed on a $5.5 million seed round of funding to help biotech and pharmaceutical companies develop more effective drugs at faster speeds by leveraging generative artificial intelligence. The startup has created a novel platform that employs advanced large language models trained on biological and chemical ...
Vision AI training and deployment startup Roboflow raises $40M
Visual artificial intelligence development startup Roboflow Inc. said today it has closed on a $40 million round of funding to continue building the tools developers need to make more advanced AI systems that can see and understand the world. Today’s Series B round was led by GV and saw participation from Craft Ventures and Y ...
Selector Software raises $33M funding round to fix network outages with AI
Artificial intelligence-native network monitoring startup Selector Software Inc. said today it has closed on a $33 million round of funding, bringing its total amount raised to date to more than $66 million. Today’s Series B round was led by Ansa Capital and saw participation from existing investors Two Bear Capital, Atlantic Bridge and Sinewave Ventures, ...
Enfabrica raises $115M as it debuts ‘world’s fastest’ GPU networking chip
High-performance networking chip startup Enfabrica Corp. today announced a significant new cash injection, raising $115 million as part of an oversubscribed equity financing round. Today’s Series C round was led by Spark Capital and saw participation from new investors including Maverick Silicon and VentureTech Alliance. Existing investors Atreides Management, Sutter Hill Ventures, Alumni Ventures, IAG ...
Microsoft’s Azure AI Foundry unifies AI development so everyone can get involved
Microsoft Corp. said today it wants to change the game for artificial intelligence development by providing everyone with the tools to implement cutting-edge AI capabilities within their business applications, and key to this is the launch of the new Azure AI Foundry. It’s a brand-new offering announced at Microsoft Ignite 2024 that’s meant to simplify ...
Microsoft cranks up its AI infrastructure offerings with new VMs, cooling and power delivery tech
Microsoft Corp. wants to be the infrastructure foundation for the next generation of artificial intelligence, catering to everyone from agile startups to multinational corporations, and to do this it’s introducing some significant advancements and upgrades to the Azure Cloud platform. The new infrastructure updates announced at Microsoft Ignite 2024 today are all about offering customers more ...
