Mike Wheatley
Latest from Mike Wheatley
CoreWeave prices IPO lower than expected, and its stock still sags on its debut before recovering
Updated Friday with market reaction: Shares of CoreWeave Inc. fell more than 5% in their stock market debut Friday morning despite the company downsizing its offer and stock price late Thursday, but by the close it had recouped losses to close 2.5% over the initial trade of $39 a share. Investors had been closely watching CoreWeave Inc.’s initial public ...
Akamai distributes AI inference across the globe, promising lower latency and higher throughput
Akamai Technologies Inc. is expanding its developer-focused cloud infrastructure platform with the launch of Akamai Cloud Inference, a highly distributed foundation for running large language models closer to their real-world users. The new service is built atop Akamai Cloud, which Akamai claims is the world’s most distributed cloud infrastructure platform, allowing it to overcome the ...
ConfigHub raises $4M to bring order to chaotic mass of configuration files
Three renowned cloud innovators are joining forces to create a new startup that’s taking on the extremely daunting challenge of modernizing the labyrinth of configuration data underpinning today’s software-defined world. The company is called ConfigHub Inc., and it has just launched with $4 million in pre-seed funding from Crane Venture Partners, Pear VC and Encoded ...
Red Hat streamlines data access for AI application training and inference
The open-source software giant Red Hat Inc. is strengthening the case for its platforms to become the foundation of enterprises’ artificial intelligence systems with a host of new features announced today aimed at accelerating development and deployment. The updates to the “Red Hat AI” suite that launched in September are meant to improve the efficiency of ...
AMD partners with Rapt AI to automate AI workload management on Instinct GPUs
Advanced Micro Devices Inc. said today it’s collaborating with a startup called Rapt AI Inc. to improve artificial intelligence training and inference performance on its Instinct brand of graphics processing units. Rapt AI is the creator of an intelligent platform that uses AI smarts to automate workload management on high-end GPUs, helping to maximize performance ...
Imandra’s new AI coding assistant CodeLogician uses ‘reasoning’ to guarantee the accuracy of its code
A startup called Imandra Inc. says it’s taking artificial intelligence-driven code completion to the next level with the launch of an entirely new and automated reasoning system called CodeLogician. Unlike other large language models designed specifically for code completion tasks, such as GitHub Inc.’s Copilot, CodeLogician is said to be based on a new concept ...
SplxAI gets $7M to block prompt injection attacks on AI agents with automated red teaming
A startup called SplxAI Inc. is pushing for artificial intelligence agent developers to adopt a more offensive approach to security after closing on a $7 million seed funding round today. The round was led by LAUNCHub Ventures and saw participation from Rain Capital, Inovo Runtime Ventures, DNV Ventures and South Central Ventures. Its backers believe ...
Microsoft 365 Copilot gets AI reasoning skills for advanced research and analysis
Microsoft Corp. is enhancing the capabilities of its popular artificial intelligence-powered Copilot tool with the launch late today of its first “deep reasoning” agents, which can solve complex problems in the way a highly skilled professional might do. The new Researcher and Analyst agents in Microsoft 365 Copilot represent the latest evolution of AI agents, ...
Komprise brings more simplicity to petabyte-scale data migrations
Big-data management company Komprise Inc. said today it’s expanding its popular Elastic Data Migration platform, with new capabilities that allow it to automate fully every step of the most complex enterprise data migrations. The company specializes in unstructured data management, and one of its main capabilities is moving this information from on-premises environments to the ...
OpenAI COO Brad Lightcap takes on expanded role as CEO Sam Altman shifts focus to research
OpenAI Chief Operating Officer Brad Lightcap’s role at the company is being expanded, and he’ll henceforth be tasked with running the company’s “business and day-to-day operations,” giving Chief Executive Sam Altman more time to focus on research and products. In a blog post Monday, OpenAI said that Lightcap (pictured), who has been at the company ...