Mike Wheatley
Latest from Mike Wheatley
Emergence AI is emerging from the shadows with a fresh take on artificial intelligence agents, using them to create yet more agents that can perform more complicated tasks on behalf of workers. The startup today announced the launch of a new, automated …
Progress Software pleases investors as it beats expectations and raises its full-year guidance
Things are looking up for Progress Software Corp. after it posted a solid earnings and revenue beat and raised its full-year outlook, sending its stock higher in extended trading. The company delivered first-quarter earnings before certain costs such as stock compensation of …
OpenAI to launch its first ‘open-weights’ model since 2019
OpenAI is looking to experiment with a more “open” strategy, detailing its plans to release its first “open-weights” model to the developer community later this year. The company has created a feedback form for developers on its website to provide input into …
Lightmatter turbocharges GPU connectivity with its first photonics-based networking interconnects
The silicon photonics pioneer Lightmatter Inc. says it’s ready to spearhead a revolution in data center connectivity with the coming launch of its first 3D co-packaged optics product, Passage L200. The Passage L200, which will be available in 32 terabyte and 64TB …
OpenAI bags $40B in funding, increasing its post-money valuation to $300B
OpenAI has closed on one of the largest-ever funding rounds for a private company, raising $40 billion at a $300 billion post-money valuation. The bumper funding round was led by SoftBank Group Corp. and saw participation from existing backers of OpenAI, including …
AWS brings its generative AI assistant to the Amazon OpenSearch Service
Amazon Web Services Inc.’s artificial intelligence-powered assistant Amazon Q Developer is being made available in the popular Amazon OpenSearch Service, providing users with the AI smarts they need to investigate and visualize the operational data of hundreds of applications. In a blog …
Sourcetable gets $4.3M in funding to help everyone become a spreadsheet power user
Sourcetable Inc. wants to democratize data analysis for every office worker with the launch of what it says is the first artificial intelligence-powered spreadsheet. Today’s launch comes as the startup revealed today it has secured $4.3 million in funding to transform the …
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 …
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 …
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 …