Mike Wheatley
Latest from Mike Wheatley
Anthropic launches new program to fund creation of more reliable AI benchmarks
Generative artificial intelligence startup Anthropic PBC wants to prove that its large language models are the best in the business. To do that, it has announced the launch of a new program that will incentivize researchers to create new industry benchmarks that can better evaluate AI performance and impact. The new program was announced in ...
France poised to slap Nvidia with antitrust charges stemming from its AI dominance
French antitrust regulators are reportedly on the verge of slapping Nvidia Corp. with charges that allege it has engaged in anticompetitive practices regarding its domination of the artificial intelligence computing industry. Nvidia has emerged as the world’s foremost supplier of graphics process units and high-speed networking gear that’s required to build the massive clusters required ...
Automotive lifecycle data startup Solera files for IPO, seeking to raise $1.5B
Automotive data software startup Solera Corp. filed paperwork for an initial public offering with the U.S. Securities and and Exchange Commission on Friday, confirming an earlier report from Bloomberg that first revealed its IPO plans. The filing is another sign of investors’ slowly growing enthusiasm for first-time share offerings, following a spate of successful public ...
SK Hynix announces $75B investment to boost AI chipmaking business
SK Group, the parent of South Korean memory chipmaker SK Hynix Inc., said today it’s planning to invest $74.6 billion into its chip business over the next three years, while setting aside an additional $58 billion especially for artificial intelligence-related technologies and shareholder returns. The new investment is apparently in addition to the $90 billion ...
OpenAI’s CriticGPT uses generative AI to spot errors in generative AI’s outputs
OpenAI’s latest innovation is called CriticGPT, and it was built to identify bugs and errors in artificial intelligence models’ outputs, as part of an effort to make AI systems behave according to the wishes of their creators. Traditionally, AI developers use a process known as Reinforcement Learning from Human Feedback or RLHF to help human ...
Meta’s new LLM Compiler could transform the way software is compiled and optimized
Meta Platforms Inc.’s artificial intelligence research team said today it’s open-sourcing a suite of robust AI models called the Meta Large Language Model Compiler. According to the researchers, it can transform the way developers go about code optimization for LLM development, making the process faster and more cost-efficient. In a blog post, Meta’s systems research ...
Nokia to buy Infinera for $2.3B to scale up its optical networking business
Finnish networking giant Nokia Corp. has announced plans to acquire Infinera Corp. in a $2.3 billion deal that’s intended to help grow its optical networks business. The company, which makes telecommunications infrastructure such as 5G cellular antennas, said today that the acquisition of Infinera will help speed up its optical networks businesses’ path towards double-digit ...
Box announces unlimited queries for Box AI and coming integration with GPT-4o
Box Inc. today is enhancing its popular AI service that helps to increase the productivity of business workers, adding new features that will make it more powerful. The cloud content management company also announced unlimited queries for Enterprise Plus subscribers in order to meet the growing demand for Box AI’s capabilities. Box AI is a suite ...
Orby AI raises $30M to take business process automation to the next level with generative AI
Generative artificial intelligence-powered enterprise automation startup Orby AI Inc. today revealed it has closed on a $30 million early-stage funding round, fueling its mission to eliminate mundane processes from work. Today’s Series A round was led by New Enterprise Associates, Wing VC and Jeffrey Katzenberg’s WndrCo. Pear VC also participated, having co-led the company’s original ...
Illumex raises $13M to add more meaning and context to structured data used by generative AI
Big-data readiness startup Illumex Technologies Inc., which aims to overcome the challenges associated with structured information, said today it has closed on a $13 million seed funding round. Today’s round was led by Cardumen Capital, Amdocs Ventures and Samsung Ventures, and saw the participation of ICI Fund, Jibe Ventures, Iron Nation Fund, Ginnosar Ventures, ICON ...