Mike Wheatley
Latest from Mike Wheatley
DatologyAI raises $46M to streamline AI model training data diets
Artificial intelligence data curation startup DatologyAI said today it has closed on a $46 million early-stage round of funding, which comes just three months after it first announced it had raised $11.65 million in seed funding. The company said today’s Series A round was led by Viv Faga and Astasia Myers from Felicis Ventures, and ...
OpenAI’s evolving Model Spec aims to guide the behavior of AI models
OpenAI has emerged as one of the most recognizable pioneers in the generative artificial intelligence industry thanks to the impressive capabilities of large language models such as GPT-4. Now, it’s aiming to take a lead in AI transparency with the release of a new “Model Spec” document that provides deeper insights into the workings of ...
Arm’s annual guidance fails to impress, stoking fears that some AI stocks may be overpriced
Shares of the U.K.-based computer chip designer Arm Holdings Plc were tracking lower in after-hours trading today after the company posted quarterly results that edged past Wall Street’s estimates, only to disappoint with somewhat conservative guidance for the coming financial year. The company reported fiscal 2024 fourth-quarter earnings before certain costs such as stock compensation ...
Token Security raises $7M to change the focus of identity management to machines
Machine identity startup Token Security is pushing to transform how companies approach their identity management strategies after closing on a $7 million seed funding round today. Today’s round was led by TLV Partners and saw participation from SNR and a number of angel investors, including Shlolo Kramer, one of Israel’s most prominent cybersecurity pioneers. At ...
Investors show confidence in Confluent, as its stock gains on solid earnings beat and bullish guidance
Shares of the data streaming software provider Confluent Inc. gained more than 4% in extended trading today after the company reported a strong first-quarter earnings and revenue beat. The company delivered earnings before certain costs such as stock compensation of five cents per share, beating Wall Street’s consensus estimate of two cents per share, while its ...
Kyndryl says return to profitability is ahead of schedule as it delivers strong earnings results
Information technology infrastructure services company Kyndryl Holdings Inc. said today it has traveled further than anticipated on its road to profitability, and it has the numbers to back up those claims. In its fiscal 2024 fourth-quarter results, it surpassed analysts’ expectations on earnings and revenue, offering strong guidance for the coming quarter too, sending its ...
Arista tops forecasts, highlighting role of high-speed networking for AI applications
Shares of the cloud networking company Arista Networks Inc. trended higher in late trading today, after it reported a trifecta of positive news: beating expectations on Wall Street’s earnings and revenue targets, delivering a better-than-expected outlook and announcing another big share buyback program. The company, which told inventors it is enjoying strong growth on the back ...
ServiceNow enhances Now Assist generative AI agents with ‘bring your own model’ experience
ServiceNow Inc. is determined to maintain its position at the forefront of generative artificial intelligence innovation, announcing yet more capabilities today that it says will drive enterprise-wide productivity. Among the innovations announced at its user conference Knowledge 2024 today is a new “bring your own GenAI model” experience that enables customers to leverage the large ...
Red Hat taps into tech industry ecosystem to accelerate AI development
Enterprise software company Red Hat Inc. has long been seen as a champion of the open-source movement, and its collaborative spirit is now being extended to generative artificial intelligence. At its annual user conference Red Hat Summit today, the company revealed how it has been collaborating with numerous technology industry partners to innovate and deliver ...
Red Hat integrates generative AI in OpenShift, RHEL and a host of developer tools
Enterprise software giant Red Hat Inc. delivered a flurry of artificial intelligence-related announcements today at this year’s Red Hat Summit, its annual user conference. The announcements include an expansion of the Red Hat Lightspeed generative AI platform to Red Hat OpenShift and Red Hat Enterprise Linux, enabling users to interact with those offerings in a ...
