Mike Wheatley
Latest from Mike Wheatley
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 ...
Micron’s stock slumps as fourth-quarter guidance disappoints
Chipmaker Micron Technology Inc. reported solid third-quarter financial results today, beating expectations on earnings and revenue, but its topline forecast for the current quarter was only in line with analyst’s projections, disappointing investors. The company reported quarterly earnings before certain costs such as stock compensation of 62 cents per share, beating Wall Street’s consensus estimate of ...
Intel shows off first fully integrated optical compute interconnect, designed to scale up AI workloads
Intel Corp. said today it has achieved another key milestone as it strives to make integrated photonics technology for high-speed data transfers a reality. The chipmaker showed off what it says is the industry’s first-ever “fully integrated optical compute interconnect,” or OCI, chiplet, co-packaged with an Intel-made central processing unit. The new chip was showcased ...
EvolutionaryScale raises $142M in seed funding to accelerate AI-powered protein discovery
Biology-focused artificial intelligence startup EvolutionaryScale Inc. said today it has raised $142 million in a seed funding round to transform the way scientists create novel proteins for scientific research. Today’s round was led by Nat Friedman, Daniel Gross and Lux Capital, and saw participation from Amazon Web Services Inc. and Nvidia Corp.’s venture capital arm. ...
Transformer model chipmaker Etched.ai raises $120M to challenge Nvidia’s market dominance
Artificial intelligence chip startup Etched.ai Inc. said today it’s looking to rival Nvidia Corp. and become a market leader in dedicated AI chips, after closing on a hefty $120 million early-stage round of funding. The two-year old startup was founded by a couple of Harvard university dropouts, who believe they have just what it takes ...
OpenAI launches ChatGPT app for Mac, but delays release of more advanced chat capabilities
OpenAI said today that its official ChatGPT app for Apple Mac computers is now available to download for all users running macOS Sonoma or later. However, the company is also delaying the rollout of a more eagerly anticipated feature, namely the advanced voice mode in ChatGPT that was announced in May and due to launch ...
AI startup Emergence AI raises a ton of cash to enhance office worker productivity
Emergence AI, a generative artificial intelligence startup that’s focused on enhancing the productivity of business employees, said today it has closed on a $97.2 million funding round led by Learn Capital. Adding to those funds, it has also secured lines of credit totaling more than $100 million, the startup said. For a company that says it’s ...
Klarity Intelligence raises $70M to automate the document review process
Document intelligence startup Klarity Intelligence Inc. said today it has raised $70 million in new round of funding led by Nat Friedman and Daniel Gross. Scale Venture Partners, Tola Capital, Picus Capital, Invus Capital and Y Combinator also participated. Today’s Series B round, which follows an $18 million investment in January 2022, brings the company’s total ...