Mike Wheatley
Latest from Mike Wheatley
Salesforce chief Marc Benioff says AI now does up to half of all the work at his company
Salesforce Inc. Chief Executive Marc Benioff says his company is doubling down on the use of artificial intelligence, using the technology to automate dozens of workloads that were, until recently, done by humans. In an interview with Bloomberg, Benioff (pictured) said AI agents are now performing as much as 30% to 50% of all the ...
DataBahn raises $17M to automate data pipeline management with AI agents
Intelligent data pipeline startup DataBahn LLC said today it has closed on a $17 million early-stage funding round. The Series A round was led by Forgepoint Capital and saw participation from S3 Ventures and GTM Capital, bringing its total amount raised to date to $19 million. The startup has developed a data pipeline platform based ...
AI hiring startup Metaview raises $35M to automate recruiters’ admin work
Artificial intelligence recruitment platform startup Metaview Labs Inc. has snagged $35 million in funding from investors including Google Ventures, building on a $7 million Series A investment that was closed one year earlier. Plural, Vertex Ventures, Seedcamp, Coelius Capita, True Equity and angel investors such as Victor Riparbelli and Barney Hussey-Yeo also participated in the ...
Prediction market startup Kalshi raises $185M as rival Polymarket closes on $200M round
The blockchain-based prediction market startup Kalshi Inc. said today it has closed on a bumper $185 million funding round led by the cryptocurrency-focused venture capital firm Paradigm, bringing its value to $2 billion. The round, which was first reported by the Wall Street Journal, also saw participation from Sequoia Capital, Multicoin Capital and Citadel Securities ...
Micron generates massive profits as AI fuels demand for high-bandwidth memory
Micron Technology Inc. delivered solid profits today thanks to rampant demand for artificial intelligence chips that drove record quarterly revenue, but it wasn’t enough to move the needle in its stock price, which remained flat after-hours. The company reported earnings before certain costs such as stock compensation of $1.91 per share, trouncing the analysts’ forecast ...
Reasoner’s AI sentiment analysis app can understand what people think but don’t actually say
Artificial intelligence startup Reasoner today launched a new sentiment analysis tool for video calling applications that goes beyond simply taking notes of meetings and analyzing what was said. According to the company, it uses AI to study the people who are participating and surface insights into their “unspoken reactions,” to understand what they’re really thinking. The ...
Eventual launches with $30M in funding to streamline multimodal data processing
Multimodal data processing startup Eventual Inc. is looking to transform the way companies deal with unstructured data after closing on $30 million in venture capital funding. The startup said today it has closed on the $20 million Series A funding round led by Astasia Myers from Felicis, with strategic participation from M12 Ventures and Citi. ...
Andy Konwinski, co-founder of Databricks and Perplexity AI, launches $100M research institute focused on beneficial AI
Databricks Inc. co-founder and Apache Spark creator Andy Konwinski this week announced the creation of a new artificial intelligence research institute called Laude that’s backed with $100 million of his own cash. The computer scientist said in a June 23 blog post that Laude Institute intends to support AI research that has the most potential ...
Judge sides with Anthropic in landmark AI copyright case, but orders it to go on trial over piracy claims
Anthropic PBC scored a major victory for itself and the broader artificial intelligence industry today when a federal judge ruled that it hasn’t broken the law by training its chatbot Claude on hundreds of legally-purchased books that were later digitized without the authors’ permission However, the company is still on the hook for millions of ...
AI startup Context partners with Qualcomm to launch agent-powered autopilot for information-based tasks
A startup called Context Inc. is looking to transform enterprise productivity, unleashing swarms of artificial intelligence agents that it says can automate almost any kind of work-related information task. The startup is the creator of an AI-powered Autopilot launching today that can spin up thousands of AI agents at once to perform work such as ...