Mike Wheatley
Latest from Mike Wheatley
High-profile ServiceNow executive CJ Desai quits over internal hiring policy violation
CJ Desai leaves ServiceNow Inc. following an investigation into a complaint over the sales process for a government contract that revealed serious policy violations, the company announced today. Desai (pictured) who was both president and chief operating officer at ServiceNow, was found to have violated the company’s internal policies over the hiring of the former ...
Higher AI bookings help IBM deliver solid earnings beat, pushing its stock higher
Shares of IBM Corp. were riding around 3% higher in extended trading today after the company reported solid second-quarter financial results that surpassed analysts’ expectations, driven by increased artificial intelligence spending by its largest enterprise customers. The company reported earnings before certain costs such as stock compensation of $2.43 per share, comfortably ahead of analysts’ ...
Lakera AI raises $20M to ward off malicious prompts on generative AI models
Generative artificial intelligence threat detection startup Lakera AI AG, which is notable for creating one of the world’s largest “AI red-teams” for testing generative AI models, said today it has closed on a $20 million early-stage round of funding. Today’s Series A round was led by the European venture capital firm Atomico and saw participation ...
AI trust startup Vijil raises $6M to prevent AI agents saying the wrong things
Artificial intelligence safety startup Vijil AI Inc. has closed on $6 million in seed funding as it launches its first cloud-based tools that promise to help companies build and deploy more reliable generative AI agents. Today’s round was co-led by Mayfield LLC’s AIStart seed fund and Google LLC’s AI-focused seed fund, Gradient Ventures. Vijil is ...
Chekable bags funding from NEC to streamline patent applications with generative AI
Chekable Inc., a startup that’s using generative artificial intelligence to automate the patent application and search process, said today it has closed on an undisclosed investment from NEC X, the Silicon Valley accelerator of NEC Corp., after graduating from its Elev X! Ignite venture studio program. The new investment is meant to help Chekable scale up ...
Compliance automation and trust management startup Vanta raises $150M
Cybersecurity compliance startup Vanta Inc. said today it has closed on a $150 million round of funding, cementing its status as a leader in the emerging “trust management” sector. Today’s Series C round was led by Sequoia Capital and saw the involvement of new investors Goldman Sachs Ventures and J.P. Morgan, plus returning investors Atlassian ...
Splight raises $12M to unlock the potential of renewable energy sources with AI
Grid operations startup Splight AI Inc. said today it has closed on a $12 million seed funding round to help fuel its mission of scaling up access to clean energy worldwide. Today’s round was led by Noa, formerly A/O, and saw participation from a host of other venture capital firms, including Elewit, EDP Ventures, Draper ...
Iterative debuts DataChain for curating and processing unstructured data with AI models
A startup called Iterative Inc., which is focused on helping to improve and streamline workflows for artificial intelligence engineers, today announced a new open-source tool called DataChain that it says will transform the way unstructured data is curated, processed and evaluated, by using large language models. The company explains that unstructured data is vital for ...
Researchers develop new technique for squeezing full-fat AI models into PCs and smartphones
Artificial intelligence researchers from Yandex LLC and NeuralMagic Inc. said today they have made significant progress in their efforts to compress powerful large language models such as Meta Platforms Inc.’s Llama 2, so they can be deployed on everyday devices such as smartphones and smart speakers. The researchers, in collaboration with academics from the Institute ...
Intel says patch is coming to fix processor instability problem plaguing gamers for months
Chipmaker Intel Corp. says it has finally identified the cause of the widespread instability issues that have plagued its 13th and 14th Gen Core processors. In an update posted today, the company said its central processing units are suffering from a problem related to “elevated operating voltage” and, most importantly, revealed that a fix – ...
