Mike Wheatley
Latest from Mike Wheatley
TikTok’s parent company ByteDance Ltd. has set aside 150 billion yuan ($20.64 billion) for its capital expenditure this year, and the bulk of that money will be spent on boosting its artificial intelligence capabilities, Reuters reported today. The report cites two anonymous …
Palona AI gets $10M to build more reliable customer service chatbots that don’t make mistakes
A trio of artificial intelligence engineers who previously led projects at Google LLC, Meta Platforms Inc. and Samsung Electronics Co. Ltd. say they have raised $10 million for a new startup that aims to make AI-powered customer sales chatbots more reliable and …
Trump signs new executive order on AI development, overturning Biden-era restrictions
U.S. President Donald Trump is pushing for the development of artificial intelligence systems that are “free from ideological bias or engineered social agendas” in his latest executive order. The order, signed earlier today, is an effort to repeal previous U.S. government policies …
Baya Systems raises $36M to transform AI chiplet design
System-on-chip design startup Baya Systems Inc. said today it has closed on $36 million fuding to support its operational growth and accelerate the development of its software portfolio to meet the needs of the emerging “chiplet” economy. Today’s Series B round was …
WebAI’s Companion is an AI assistant for enterprise employees that runs privately on their own devices
The privacy-focused artificial intelligence development startup webAI Inc. said today it’s rolling out a new AI-powered assistant called Companion to help large organizations “supercharge” their productivity. Companion, webAI claims, is a “breakthrough” AI assistant that can be customized to support almost any …
AI procurement management software startup Vertice raises $50M
Procurement software startup Vertice Technology Inc. said today it has finalized a $50 million funding round led by Lakestar, bringing its total amount raised to more than $100 million, and its valuation to a reported $500 million. Perpetual Growth and CF Private …
Eleos gets $60M in funding to transform behavioral healthcare with AI agents
Eleos Health Inc. said today it has closed on a $60 million Series C round of funding, and will use the money to continue its mission of trying to transform the way behavioral healthcare is delivered by empowering clinicians with artificial intelligence assistants. …
DigitalOcean dives into agentic AI creation, making it accessible to every developer
The small developer team-focused cloud infrastructure provider DigitalOcean Holdings Inc. has become the latest company to embrace the agentic AI trend, launching a new GenAI Platform that enables teams to build and deploy AI agents in a matter of minutes. AI agents are …
Diesel Labs blends generative AI chat with big-data analysis to create synthetic focus groups for marketing teams
Business intelligence startup Diesel Labs Inc. is merging generative artificial intelligence chat capabilities with its enormous, proprietary dataset on consumer attitudes to create a new tool called PanelAI that will deliver what it says are “unprecedented” consumer insights. Available now, PanelAI provides …
API collaboration startup Postman wants to lead the charge in AI agent development
Postman Inc., the well-funded startup that’s recognized as an industry leader in application programming interface development, says it’s getting into the business of developing artificial intelligence agents. The company says its new AI Agent Builder tool empowers companies to combine large language …