Mike Wheatley
Latest from Mike Wheatley
Multicloud GPU compute-as-a-service startup Kinesis Network goes fully serverless
Distributed cloud compute-as-a-service startup Kinesis Network Inc. today announced the availability of a new serverless feature for enterprises to access its scalable “always-on” compute resources for artificial intelligence workloads. With the new service, companies can access low-cost graphics processing units from multiple cloud providers, including Amazon Web Services Inc., Google LLC and Microsoft Corp., without ...
AI voice startup PlayAI raises $21M to power a new generation of more humanlike AI agents
Voice artificial intelligence startup PlayHT Inc., which likes to be known simply as PlayAI, said today it has raised $21 million in a seed round of funding. The round was led by Kindred Ventures. Others, including Race Capital, 500 Global and Y Combinator, also participated. It’s a big amount of money for a seed funding round, ...
Luma AI updates Dream Machine with new Photon image generation model and more
Artificial intelligence startup Luma AI Inc. today announced the debut of a powerful new model for image generation that’s available now through its popular Luma AI Dream Machine platform for creators and marketers. The AI startup, which provides tools for creating and generating images and videos using simple, text-based prompts, also said it’s launching Dream ...
IBM brings its most powerful Granite AI models to Amazon’s cloud
IBM Corp. is teasing a number of details about how it’s expanding its partnership with Amazon Web Services Inc. to advance responsible artificial intelligence for mutual enterprise customers. The company said it will showcase a number of key collaborations at AWS re:Invent next week, including the launch of its most powerful Granite models on the ...
Lightning AI raises $50M to eliminate AI development headaches
Artificial intelligence development platform provider Lightning AI said today it has closed on $50 million in an equity funding round that brings its total amount raised to $103 million. Today’s round included participation from Cisco Investments, J.P. Morgan, K5 Global and Nvidia Corp.’s investment arm. The New York-based company said the funds will help it ...
NetApp’s stock rises after raised profit and sales guidance, citing strong cloud storage demand
NetApp Inc. delivered a solid earnings and revenue beat today before raising its guidance for both metrics, saying it’s seeing strong demand for data storage services as companies upgrade their cloud infrastructure. The strong results and optimistic guidance helped to boost the company’s stock more than 5% in extended trading, adding to gains of just ...
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 ...
