Mike Wheatley
Latest from Mike Wheatley
Multichip inference cloud startup Gimlet Labs receives $80M to solve one of AI’s biggest bottlenecks
Gimlet Labs Inc. said today it has raised $80 million in early-stage funding to solve a bottleneck that’s holding back artificial intelligence inference. The startup, which has raised $92 million in total, has created what’s said to be the world’s first and only “multi-silicon inference cloud.” It differs from standard inference clouds, because it enables ...
Anthropic’s Claude gets computer use capabilities in preview
Anthropic PBC wants users to give Claude the keys to their computer, announcing new “computer use” functionality for its artificial intelligence assistant so it can now click, scroll and navigate through web pages and applications to complete tasks on behalf of users. The feature was launched today as a research preview for Claude Pro and ...
Meta acqui-hires the co-founders of agentic AI startup Dreamer
Meta Platforms Inc. has just swooped on another acqui-hire, signing up the co-founders and personnel of an agentic artificial intelligence startup called Dreamer for an undisclosed price. Dreamer’s team, which includes former Meta and Google LLC executive Hugo Barra, will go to work within Meta’s Superintelligence Labs group under Chief AI Officer and former Scale ...
Elon Musk announces ambitious $20B Terafab project to manufacture chips for space-based AI
Billionaire technology entrepreneur Elon Musk announced Saturday that his companies will collaborate on a new, $25 billion chip fabrication plant called “Terafab” that aims to manufacture up to 1 terawatt of computing power annually. When it comes online, it will be the largest semiconductor fab ever built, by an incredibly wide margin. Musk announced Terafab at ...
Verily steps out from under Alphabet’s shadow after raising $300M to advance precision health
Verily Life Sciences is finally growing up, stepping out from under the enormous shadow of its former parent company Alphabet Inc. after raising $300 million in funding today. The round was led by Series X Capital, a venture fund that was set up by Alphabet specifically to help scale up its most promising experimental technology ...
Deeptune raises $43M to accelerate AI learning through virtual training gyms
Artificial intelligence startup Deeptune Inc. said today it’s going to solve the industry’s “data exhaustion” crisis after raising $43 million in an early-stage funding. Andreessen Horowitz led the Series A round, which saw participation from 776, Abstract Ventures and Inspired Capital, plus high-profile angel investors such as OpenAI Group PBC researcher Noam Brown and Mercor.io ...
Snowflake invests in Bedrock Data to strengthen agentic AI system governance
Data governance, security and management startup Bedrock Data is deepening its integration with Snowflake Inc.’s AI Data Cloud after securing a strategic investment from the cloud data warehouse giant. The new partnership, announced today, will see Bedrock Data’s artificial intelligence-driven data classification and governance capabilities integrated with Snowflake Horizon, which is a service within the ...
RunSybil raises $40M to automate offensive security with AI agents
Offensive security startup RunSybil Inc. said today it has closed on a $40 million round of funding to help enterprises find and fix critical vulnerabilities in their software before the attackers get to them first. The round was led by Khosla Ventures and saw the participation of several venture capital heavy hitters, including Menlo Ventures, ...
Micron’s earnings crush forecasts on memory chip demand and it guides for an even bigger beat – but shares fall anyway
Memory chip supplier Micron Technology Inc. almost tripled its revenue in its latest quarter as it stormed past analysts’ expectations, and also provided blowout guidance for the current quarter — yet somehow the stock still fell more than 4% after-hours. The company reported earnings before certain costs such as compensation of $12.20 per share, crushing ...
BusRight bags $30M to ensure school buses always arrive, right on time
BusRight Inc., a startup that’s using artificial intelligence to ensure that school buses get students safely to their classes on time, said today it has raised $30 million in funding. Volition Capital was the sole investor named in the round. The startup is on a mission to transform what is the largest mass transit system ...