Mike Wheatley
Latest from Mike Wheatley
CodeRabbit gets $60M to fix AI-generated code quality
Artificial intelligence code review startup CodeRabbit Inc. has raised $60 million in a Series B funding, a round that it says demonstrates its growing importance at a time when AI-generated code is being spat out faster than ever. Today’s round was led by Scale Venture Partners and saw participation from NVentures, Nvidia Corp.’s venture capital ...
Agentic AI startup Druid AI targets growth after raising $31M and hiring a new CEO
Agentic artificial intelligence startup Druid AI S.A. says it’s ready to scale up the adoption of its enterprise-grade platform after closing on a $31 million round of funding and hiring an experienced new leader, former Hewlett Packard Enterprise Co. and General Electric Co. executive Joseph Kim. Today’s Series C round was led by Cipio Partners ...
Google’s VaultGemma sets new standards for privacy-preserving AI performance
Google LLC’s two major research units have made a significant advance in the area of large language model privacy with the introduction of a new model called VaultGemma, the world’s most powerful “differentially private LLM.” It’s a 1 billion-parameter model built on Google’s Gemma architecture that uses advanced mathematical algorithms to prevent sensitive data from ...
Anthropic lets Claude remember previous interactions to streamline work
The premium versions of Anthropic PBC’s Claude AI chatbot are getting a useful upgrade with the addition of “memory,” which will enable it to remember earlier interactions with users without any prompting. The new feature, which aims to improve Claude AI’s contextual understanding, is being launched for Team and Enterprise subscribers only. It will enable ...
Crypto exchange Gemini raises $425M in IPO and shares pop 40% before ending day up 14%
Updated with opening price: Cryptocurrency exchange operator Gemini Space Station Inc. raised $425 million tonight after pricing its initial public offering at $28 per share, up from an initial range of $17 to $19 per share and valuing it at $3.3 billion. The offering price was more than the $24 to $26 anticipated, indicating high demand for the issue. ...
Adobe’s stock gains as its AI investments start bearing fruit
Adobe Inc.’s shares made gains in late trading today after the Photoshop maker delivered third-quarter financial results that surpassed Wall Street’s expectations and offered a strong outlook for the current quarter, indicating that its investments in artificial intelligence are paying off. The company reported third-quarter earnings before certain costs such as stock compensation of $5.31 ...
Box debuts AI agents for almost every aspect of content management
Box Inc. is beefing up its already powerful artificial intelligence capabilities in an effort to automate even more enterprise work with AI agents. The cloud content management platform announced a host of new “agentic” AI features at its annual user conference BoxWorks 2025 today, including an AI agent-powered data extraction tool called Box Extract and ...
Computer chip performance optimization startup ProteanTecs raises $51M
Israeli computer chip health monitoring startup ProteanTecs Ltd. said today it has closed on a $51 million late-stage round of funding that brings its total amount raised to north of $250 million. Today’s Series D round was led by IAG Capital and saw participation from a host of strategic investors, including chip industry stalwarts such ...
Bending Spoons snaps up struggling YouTube rival Vimeo in $1.38B deal
The Italian mobile application developer Bending Spoons S.p.A. today announced its intent to acquire the YouTube rival Vimeo.com Inc. in an all-cash deal worth around $1.38 billion. Bending Spoons said it expects the transaction to close by the fourth quarter of this year, subject to it receiving regulatory approvals. At that time, the publicly traded Vimeo ...
OpenAI and Oracle strike $300B cloud computing deal to power AI
OpenAI today confirmed that it has signed an agreement to purchase computing infrastructure worth $300 billion from Oracle Corp. over a period of roughly five years, as part of its previously announced Project Stargate data center building initiative. The deal represents one of the biggest cloud contracts in history. It’s a massive commitment that far outstrips OpenAI’s ...