Mike Wheatley
Latest from Mike Wheatley
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 ...
Pythagora tries to transform vibe coding with specialized AI agent teams
“Vibe coding” startup Pythagora is looking to take artificial intelligence-powered software development to the next level with the launch of its platform today, saying it will help anyone – including noncoders – to develop full-stack applications with nothing more than a series of prompts. The company says its platform is built for both developers and ...
Ranch automation startup Halter raises $100M to expand into the US
Cow technology startup Halter Inc. has become one of only a handful of New Zealand-based unicorns after closing on a $100 million funding round that values it at $1 billion, it said today. Today’s Series D round, which was led by the technology investment firm Bond Ventures, will help Halter to expand further into the ...
Chatbot startup Decagon gets $131M to build personalized AI agents for every consumer
Decagon AI Inc., a startup that builds artificial intelligence-powered customer service agents for businesses, has closed on its third major funding round in the space of just 12 months, raising $131 million today. The Series C round, which values the company at $1.5 billion, was led by the venture capital firms Andreessen Horowitz and Accel ...
Supermicro’s stock falls hard on $2B convertible notes offering
Shares of Super Micro Computer Inc. fell almost 10% on Monday after the company announced a convertible note offering worth $2 billion that’s set to mature in 2030. The company has become one of the biggest beneficiaries of growth in the artificial intelligence industry thanks to soaring demand for the Nvidia Corp. graphics processing units ...