Mike Wheatley
Latest from Mike Wheatley
RISC-V chip startup AheadComputing raises $21.5M to fix CPU bottlenecks
The newly minted chipmaking startup AheadComputing Inc. said today it has raised $21.5 million in seed funding to develop and commercialize a new artificial intelligence chipset based on the open-source architecture RISC-V. Today’s round was led by Eclipse and saw participation from a host of other investors, including Maverick Capital, Fundomo and EPIQ Capital Group, ...
Sanas gets $65M in funding to expand its real-time accent translation software
Sanas.AI Inc., a real-time accent translation startup that helps non-native speakers speak more clearly, said today it has raised $65 million in a Series B round of funding. The round brings Sanas’s total amount raised to north of $100 million. It was led by Quadrille Capital and saw participation from investors such as Insight Partners, ...
Box adds agentic AI features and makes it easier for customers to track AI spending
Box Inc., the content management company that helps organizations to manage their files in the cloud, says it’s expanding its artificial intelligence capabilities to more users and adding a new mechanism for tracking AI-related costs, so customers can keep tabs on their spending. The announcement came as the company released yet more AI features into ...
Sawmills raises $10M to cut down observability data costs with AI
Telemetry data management startup Sawmills.AI Ltd. says it’s hoping to help enterprises shave millions of dollars off their observability software bills after raising a fair few million itself. Today it announced it’s closing on a “highly oversubscribed” $10 million seed funding round led by Team8, with participation from Mayfield and Alumni Ventures. In addition, Sawmills ...
Vast Data’s DataStore adds block storage and event streaming to support every kind of workload
Vast Data Inc. has added block storage capabilities and an Apache Kafka-compatible event streaming service to its flagship Vast DataStore offering, transforming it into what it says is the industry’s first “fully unified” data platform for artificial intelligence workloads. With today’s announcements, Vast says it has fulfilled its vision of creating a “universal storage platform” ...
Sonar buys AutoCodeRover to enhance its code quality tools with autonomous AI agents
Code quality testing startup SonarSource SA said today it has acquired AutoCodeRover, the creator of an autonomous artificial intelligence platform for software developers. According to Sonar, the deal will enable its customers to automate tasks such as debugging and issue remediation, so they can spend more time on improving their applications rather than fixing them. ...
Silver Lake set to buy majority stake in Intel’s Altera programmable chip business
The private equity firm Silver Lake Partners LP is reportedly in advanced talks over the purchase of a majority stake in Intel Corp.’s programmable chip business unit Altera, having apparently won out over a number of other prospective suitors. Bloomberg said in an exclusive report today citing anonymous sources that Silver Lake is now finalizing ...
Arista Networks’ growth accelerates, driven by big AI investments
Arista Networks Inc. delivered a higher profit in the fourth quarter, thanks to a double-digit sales increase driven by growing demand for artificial intelligence networks. The cloud networking company also forecast revenue for the current quarter that came in above Wall Street’s estimates. It reported a net profit of $801 million in the quarter, up from ...
Report: Broadcom and TSMC in talks to carve up Intel
Chipmaking giants Broadcom Inc. and Taiwan Semiconductor Manufacturing Co. are reportedly mulling deals that could ultimately see their rival Intel Corp. carved up into two separate entities. The Wall Street Journal reported this weekend that Broadcom is looking closely into the possibility of acquiring Intel’s chip design business, while TSMC is said to be keen ...
JFrog is firing on all cylinders as it delivers another impressive earnings beat
Software supply chain company JFrog Ltd. clocked another strong quarter, beating Wall Street’s guidance on earnings and revenue, sending its stock higher in extended trading today. The company reported fourth-quarter earnings before certain costs such as stock compensation of 19 cents per share on revenue of $116.1 million, up 19% from a year earlier. That ...