Mike Wheatley
Latest from Mike Wheatley
QuamCore raises $9M to solve the biggest scalability challenge in quantum computing
Israeli startup QuamCore Ltd. wants to help the likes of IBM Corp. and Google LLC scale their quantum computers to the point where they can finally achieve “quantum advantage” and become more useful than existing, classical computers. It has a plan to do that, and after closing on a $9 million seed funding round today, ...
Meta partners with TSMC to test its first homegrown AI training chips
Meta Platforms Inc. is forging ahead with its plans to reduce its reliance on Nvidia Corp.’s graphics processing units, and is currently testing its first in-house artificial intelligence training chip. According to Reuters, the test process involves manufacturing an initial small batch of chips, and if it proves to be successful, the company will look ...
OpenAI’s newest developer API brings search capabilities to AI agents
The future of artificial intelligence will be dominated by AI agents, and OpenAI is now trying to accelerate that reality by letting developers build their own. Today the AI company announced the availability of a new “Responses API,” which simplifies the process of creating and deploying AI agents that can perform tasks for their users independently. ...
AI agent-powered compliance automation startup Norm Ai raises $48M
Norm Ai Inc., a developer of artificial intelligence agents focused on regulatory compliance, said today it has closed on a $48 million funding round that brings its total amount raised to $87 million. Today’s round was led by Coatue and saw participation from a host of others, including Craft Ventures, Vanguard, Blackstone Innovations Investments, Bain ...
With FlashBlade//EXA, Pure Storage helps enterprises keep data-hungry GPUs fed to accelerate AI workloads
Data center infrastructure provider Pure Storage Inc. says it’s stepping up to take care of the industry’s rising demand for high-performance storage systems that can scale to keep up with the most advanced artificial intelligence models. The company today announced a new and dedicated data storage software platform called FlashBlade//EXA, saying it’s designed to solve the ...
Lila Sciences raises $200M to accelerate autonomous scientific research
Artificial intelligence-powered scientific discovery startup Lila Sciences is the latest company to emerge from Flagship Pioneering Inc.’s biotechnology incubator, and it’s backed by a staggering $200 million in seed funding. The startup, which aims to leverage powerful AI algorithms to lead autonomous scientific research in various disciplines, said the funding came from Flagship plus investors ...
Oracle misses expectations and guidance was also weak, sending its stock lower
Shares of the database and business software giant Oracle Corp. headed lower in extended trading today after it missed analysts’ expectations for its latest financial results. The company did reiterate its bullish stance on artificial intelligence and the prospects for its cloud infrastructure segment, but that wasn’t enough to convince investors in another down day for ...
SambaNova debuts framework for lower-cost, open-source deep research agents
Artificial intelligence chip startup SambaNova Systems Inc. said today it has developed a new framework for AI-powered “deep research” that can generate in-depth reports up to three times faster, and at much lower cost, than is possible with existing research-focused systems. The company said in a blog post that it has partnered with the AI ...
China’s new AI agent Manus gets global attention for its autonomous smarts
Just weeks after Chinese artificial intelligence developer DeepSeek Ltd. shocked the world with its low-cost alternative to OpenAI’s ChatGPT, another Chinese startup is making similar noise, releasing what it claims is one of the most advanced autonomous AI systems yet available. It’s called Manus AI, and it’s said to be a next-level AI system that ...
Scale AI faces probe amid allegations that it’s underpaying its data labeling contractors
The data labeling startup Scale AI Inc. is being investigated by the U.S. Department of Labor, amid suspicions that it’s violating the Fair Labor Standards Act, the company said today. The Labor probe is investigating Scale AI’s compliance with fair pay standards and working conditions described by the act. It’s believed that it was launched ...