Mike Wheatley
Latest from Mike Wheatley
Runway Finance enhances financial planning and budgeting with generative AI
Accounting software startup Runway Finance Inc. has announced the launch of what it says is a more intuitive platform that leverages artificial intelligence to simplify financial planning and modeling. Generally available starting today, Runway Finance’s platform is described as a “modern, user-friendly interface for financial modeling, headcount planning, departmental budgeting” and more besides. It comes with ...
Storj Labs buys GPU cloud company Valdi to offer on-demand storage and compute for AI workloads
Decentralized cloud-based storage company Storj Labs Inc. said today it has acquired the graphics processing unit cloud provider Valdi Labs PBC. The deal means its customers will be able to access on-demand GPU capacity to power their artificial intelligence workloads whenever they require it. Storj is pioneering the concept of more affordable and secure decentralized ...
Tracebit lands $5M in funding to enable mass adoption of cyberthreat deception techniques
U.K.-based “threat deception” startup Tracebit Ltd. said today it has closed on a $5 million seed funding round to enable the mass adoption of a cybersecurity technique that has, until now, strictly been limited to the top 1% of security teams. Today’s round was led by Accel and saw participation from Tapestry VC, 20Sales and ...
Boomi centralizes API discovery, management and governance with new control plane
Integration platform-as-a-service provider Boomi LP is building on its vision to simplify the way enterprises manage their information technology infrastructure with the debut of its first major application programming interface product, the result of two key acquisitions earlier in the year. The company has just announced the launch of the Boomi API Control Plane, which is ...
Hopsworks wants to make a splash with the industry’s first AI data lakehouse
Swedish data lakehouse company Hopsworks AB is pitching what it says is the industry’s “first unified platform for building batch, real-time and large language model” artificial intelligence systems. In the Hopsworks 4.0 release, the company is enhancing its flagship platform with multiple new capabilities designed to help AI systems leverage real-time data, including a new ...
Samsung expects 15X profit increase, fueled by massive demand for AI chips
Samsung Electronics Co. Ltd. says its operating profit is likely to increase almost 15-fold during the second quarter from the same period a year ago, the jump thanks to the growing demand from enterprises for memory chips essential for artificial intelligence workloads, analysts believe. The world’s biggest memory chip maker and leading smartphone and TV ...
Proton debuts privacy-focused alternative to Google Docs and Microsoft Word that rejects AI assistance
Swiss privacy technology company Proton AG is looking to challenge Google LLC and Microsoft Corp. with the launch of its new word processing tool and document editor, Docs in Proton Drive. Announced today, the new offering looks and feels like Google Docs, with many of the same document creation features used by millions of office ...
Report: China leads the world in generative AI patents
Data from the United Nations shows that China is far ahead of any other country in terms of generative artificial intelligence inventions, having filed six times as many patents as the U.S. The World Intellectual Property Organization, which operates a global system for countries to share recognition of patents, said in a report that more ...
Figma disables new AI tool that repeatedly cloned Apple’s Weather app
The collaborative design software company Figma Inc. has quickly disabled its recently launched generative artificial intelligence-powered application design tool after it blatantly copied the look and style of Apple Inc.’s Weather application on numerous tests. The new feature, called “Make Design,” leans on generative AI and large language models to spin up full-fledged applications for ...
Generative AI coding assistant startup Magic AI looking to raise $200M at $1.5B valuation
The generative artificial intelligence-powered coding startup Magic AI Inc. is reportedly hoping to raise more than $200 million in a new funding round that will bring its value to $1.5 billion. The talks are ongoing just months after the company closed on a $23 million Series A round of funding. Reuters cited three unnamed sources today as ...
