Mike Wheatley
Latest from Mike Wheatley
Money-hungry AI search startup Perplexity in talks to raise up to $1B in fresh funding
The artificial intelligence search application company Perpexity AI Inc. is gearing up for yet another mammoth funding round, according to the latest chat from Bloomberg and CNBC. Anonymous sources told Bloomberg that the early-stage discussions with investors could see the company raise between $500 million and $1 billion, and ultimately boost its value to a ...
Micron’s stock falls despite solid jump in revenue from AI memory chips
Updated: Memory chip maker Micron Technology Inc. posted a strong earnings and revenue beat, demonstrating that it’s still enjoying a significant boost from artificial intelligence. Growth in sales of its highest-capacity memory products was rampant, and its stock moved higher after-hours. However, on Friday, its stock was falling more than 7% on another down day ...
Report co-authored by Fei-Fei Li stresses need for AI regulations to consider future risks
A new report co-authored by the artificial intelligence pioneer Fei-Fei Li urges lawmakers to anticipate future risks that have not yet been conceived when drawing up regulations to govern how the technology should be used. The 41-page report by the Joint California Policy Working Group on Frontier AI Models comes after California Governor Gavin Newsom shot ...
OpenAI’s new reasoning model o1-pro is powerful but pricey
OpenAI is upping the stakes for artificial intelligence reasoning applications with the debut of a more powerful version of its popular o1 model. The company has just launched o1-pro, making it available through its new developer application programming interface called Responses API. According to OpenAI, the o1-pro model can provide “consistently better responses” than the original ...
SoftBank agrees to buy Arm chipmaker Ampere Computing for $6.5B
SoftBank Group Corp. late today confirmed that it will buy the chipmaker Ampere Computing LLC in a deal that’s valued at $6.5 billion. It said it expects the acquisition to close during the second half of the year, according to a statement. Oracle Corp. and Carlyle Group, two of the main stakeholders in Ampere, have both ...
Skidattl wants to make augmented reality overlays ubiquitous with QR codes
Augmented reality integration startup Skidattl says it’s looking to bridge the gap between the digital and physical worlds with today’s launch of its easily accessible augmented reality technology, which promises to transform how users interact with any physical space. The startup, officially known as Lyv Technologies Inc., has developed a platform for businesses to provide ...
Deloitte hops aboard the agentic AI train with Zora AI
Deloitte Touche Ltd. wants to help thousands of enterprises and small businesses around get to grips with agentic artificial intelligence with its new Zora AI platform, which provides access to a selection of ready-made artificial intelligence-powered agents. Deloitte said its prebuilt and customizable AI agents offer deep expertise in areas such as finance, human capital management, ...
Accenture debuts AI agent builder within its AI Refinery platform
Accenture Plc is doubling down on its agentic artificial intelligence partnership with Nvidia Corp., announcing a new AI agent builder within its AI Refinery platform. Using Accenture’s AI agent builder, business users can quickly create their own, highly customized AI agents, using the standard preconfigured ones already available in the AI Refinery platform as a ...
AI code assist startup Graphite raises $52M to try and keep ahead of the competition
New York City-based artificial intelligence code review startup Graphite, officially known as Screenplay Studios Inc., said today it has raised $52 million in a Series B round of funding. Today’s round was led by Accel and saw participation from Menlo Ventures through Anthology Fund, which is a $100 million initiative launched in partnership with the ...
Nvidia cranks up agentic AI with revamped Blackwell Ultra GPUs and next-gen AI desktops
Artificial intelligence agents dominated the conversation at Nvidia Corp.’s GTC 2025 event, and much of the talk was about how they’ll benefit from the accelerated performance of the company’s latest graphics processing units. The company lifted the veil on Nvidia Blackwell Ultra, the latest evolution of its newest GPU platform, saying it’s designed to bear ...