Mike Wheatley
Latest from Mike Wheatley
Shares of Oracle Corp. fell 9% in late trading today even though it surpassed Wall Street’s expectations on earnings and revenue and raised its profit forecast for the next financial year. The problem: The database and cloud infrastructure giant revealed plans to raise …
AWS’ powerful Graviton5 CPU makes its debut in new M9g and M9gd cloud instances
Amazon Web Services Inc.’s next-generation custom silicon is finally being made accessible to customers for the first time with the launch of the Elastic Compute Cloud M9g and M9gd instances. They’re powered by the all-new Graviton5 central processing unit, which is designed …
Lium raises $5.5M to unlock complex scientific data for AI models
Lium, a startup formerly known as Astromind, today announced the launch of an “agentic harness” that helps large language models dig into the most complex and messiest datasets. The launch comes after it closed on $5.5 million in seed funding from investors …
Exclusive: Relai raises $6.9M to enable verifiable and continuous learning for AI agents
Artificial intelligence infrastructure startup Relai Inc. said today it has closed on $6.9 million in funding as it bids to ensure the reliability of autonomous AI agents for enterprises. The company also announced the launch of its verifiable “continual learning” platform, which …
Google’s Gemini 3.5 Live Translate enables realistic translation at the speed of natural conversations
Google LLC’s newest artificial intelligence tool promises to bring real-time translation to every smartphone user, enabling more natural and fluid conversations between speakers of different languages. That’s according to a new blog post today that announced the arrival of Gemini 3.5 Live Translate, …
Decentralized lending protocol Morpho raises $175M to build the world’s biggest open credit network
The decentralized lending protocol Morpho, widely regarded as the closest competitor to Aave, said today it has raised $175 million in funding that increases its valuation to more than $2 billion. Paradigm, a16z crypto and Ribbit Capital co-led the round, according to …
AI infrastructure cost control startup PointFive gets $60M to help enterprises save
FinOps startup PointFive Inc. said today it has raised $60 million from investors who are betting on its ability to help companies keep a lid on the spiralling costs of running artificial intelligence infrastructure. Accel led the round and it was joined …
OpenAI confidentially files its IPO paperwork as it inches closer to stock market debut
ChatGPT maker OpenAI Group PBC today filed for an initial public offering ahead of what is sure to be one of the most anticipated stock market debuts in recent history, and a huge payday for early investors. The artificial intelligence company, which …
Nvidia partners with South Korea’s SK hynix, Naver and Doosan to expand the country’s AI infrastructure
Artificial intelligence chipmaker Nvidia Corp. today announced a slate of new partnerships with some of South Korea’s biggest technology, including the memory chip supplier SK hynix Inc., internet giant Naver Corp. and the multinational conglomerate Doosan Group. The deals came during a …
OpenAI’s planned ‘superapp’ gets closer as one employee says ‘chat is dead’
OpenAI Group PBC is still focused on its plans to transform ChatGPT into some kind of “superapp,” and it will have a heavy focus on artificial intelligence agents and autonomous coding bots, according to a new report in the Financial Times this …