Mike Wheatley
Latest from Mike Wheatley
Agentic AI workflow automation startup FileAI launches in public access
FileAI says it’s ready to supercharge workflow automation across the accounting, data collection, financial services, legal and insurance industries with a new agentic artificial intelligence platform that it says is capable of automating hundreds of manual and repetitive tasks. The startup, officially known as Bluesheets Pte Ltd., has developed an agentic AI platform that’s geared ...
Chinese GPU startups Moore Threads and MetaX file for IPOs, seeking a combined $1.65B in funding
China’s domestic chipmaking industry is gaining momentum as U.S. sanctions on the export of advanced chips to that country accelerate local demand, prompting two of its major players to file for initial public offerings on the Shanghai Stock Exchange’s technology-focused STAR index. A report in Reuters says Beijing-based Moore Threads Technology Co. Ltd. and Shanghai-headqaurtered ...
Data labeling startup Surge AI reportedly seeking $1B in first capital raise
Data-labeling startup Surge Labs Inc. is hoping to capitalize on the recent customer exodus at its main rival Scale AI Inc., and to do that it’s reportedly seeking up to $1 billion in venture capital funding. That’s according to an exclusive report by Reuters, which cites anonymous sources as saying Surge AI has hired advisers ...
Concentric AI buys startups Swift Security and Acante to expand scope of data protection platform
Data security startup Concentric Software Inc. said today it has snapped up a couple of smaller startups to bolster its comprehensive artificial intelligence-powered governance platform. It said the acquisitions of Swift Security and Acante Inc. will enable it to unify its expertise in data security posture management, adding data loss prevention and generative AI governance ...
Anysphere’s Cursor brings AI coding agents to web and mobile browsers
Well-funded artificial intelligence startup Anysphere Inc. is expanding beyond its viral generative AI code editor and into “agentic AI” with the launch of new web and mobile browser-based orchestration tools for coding agents. Anysphere last month closed on a bumper $900 million funding round that valued it at a cool $9.9 billion. It’s the company ...
Canadian legal tech startup Clio swoops to acquire vLex for $1B
Canadian legal software provider Clio has pounced on its second major acquisition of the year, buying an artificial intelligence startup called vLex LLC for $1 billion. The deal will help Clio, officially known as Themis Solutions Inc., to enhance its legal management software with vLex’s AI tool, which prevents lawyers from accidentally citing fake court ...
China’s Baidu declares war on OpenAI and others by open-sourcing Ernie AI model
Chinese search engine giant Baidu Inc. today announced that it’s open-sourcing its powerful generative artificial intelligence foundation model Ernie 4.5, in a move that experts say will nudge the industry away from a battle over performance and into a price war. The company, which is often said to be “China’s Google” thanks to its dominance ...
Elon Musk says latest version of Trump’s budget bill is ‘utterly insane’ and will destroy clean energy sector
Technology entrepreneur Elon Musk has slammed the latest version of U.S. President Donald Trump’s tax and spending bill, calling it “utterly insane and destructive.” In a post on his social media platform X, Musk lambasted lawmakers, saying the Senate’s new draft bill would eliminate millions of jobs in the U.S. and cause “immense strategic harm” ...
HPE finally gets green light to buy Juniper and take on Cisco in AI networking
Hewlett Packard Enterprise Co. has finally been allowed to proceed with its $14 billion acquisition of Juniper Networks Inc. after settling a lawsuit filed by the U.S. Department of Justice. The DOJ had tried to block the deal from going ahead by filing its lawsuit in January, arguing it would significantly harm competition in the ...
Report: DeepSeek’s newest model delayed by GPU export restrictions
China’s top artificial intelligence company DeepSeek Ltd. has reportedly come unstuck in its efforts to develop its next-generation R2 reasoning model, because it cannot get its hands on enough of Nvidia Corp.’s graphics processing units, according to a report. The Information cited two anonymous sources who are familiar with DeepSeek’s efforts as saying that the ...