Mike Wheatley
Latest from Mike Wheatley
Meta Platforms Inc. has joined Elon Musk in his efforts to derail OpenAI’s plans to convert itself into a for-profit company. On Friday, the Wall Street Journal reported that Meta had penned a letter to California Attorney General Rob Bonta, arguing that …
Embedded analytics startup Embeddable raises €6M in seed funding
London-based startup Embeddable, whose software makes it easy to embed interactive, customer-facing analytics within any application, said today has closed on a €6 million ($6.28 million) seed funding round. The company, officially known as TMD Technology Ltd., said today’s round was led …
Gigs gets $73M in funding to help any company spin up a mobile network offering
Gigs AG, a company that has built a kind of operating system for mobile services, said today it has closed on a $73 million round of funding. The Series B round was led by Ribbit Capital and saw participation from existing investors …
Shares of Broadcom jump on rising AI chip sales and ‘massive opportunity’ for more
Shares of the computer chipmaker Broadcom Inc. made big gains in after-hours trading after the company reported a solid earnings beat and said its artificial intelligence revenue tripled from a year earlier. Broadcom Chief Executive Hock Tan (pictured) told analysts that the …
Digital accessibility design startup Evinced raises $55M
Website and mobile application accessibility startup Evinced Inc. said today it has closed on its biggest funding round to date, raising $55 million. The Series C round was led by Insight Partners and saw participation from previous backers such as M12, BGV, …
Report: Apple working with Broadcom to develop custom chipset for AI
Apple Inc. is reportedly working with Broadcom Inc. on the development of a customized server processor that will power the artificial intelligence features built into the iPhone maker’s iOS operating system. A report from The Information cites three unnamed sources as saying …
Optical chip interconnect startup Ayar raises $155M to bring light to AI workloads
Ayar Labs Inc., a startup that’s developing optical interconnects that can transmit data between computer chips via light, said today it has closed on a hefty late-stage $155 million funding round led by Advent Global Opportunities and Light Street Capital. Also participating in …
Adobe’s weak forecast stokes fears of AI disruption, sending its stock lower
Investors sent shares of Adobe Inc. into a tailspin today after the maker of Photoshop could offer only a light forecast for the coming quarter and full year. The company said it’s looking for fiscal first-quarter revenue of between $5.63 billion and $5.68 …
AIMon raises $2.3M to combat AI hallucinations
Aimon Labs Inc., the creator of an autonomous “hallucination” detection model that improves the reliability of generative artificial intelligence applications, said today it has closed on a $2.3 million preseed funding round. The money comes from Bessemer Venture Partners and Tidal Ventures, …
Stigg raises $17.5M to simplify SaaS platform and feature pricing models
Unified monetization platform startup Stigg Inc. says it’s ready to help businesses implement more dynamic and flexible pricing strategies after closing on a $17.5 million early-stage round of funding today. The Series A round was led by Red Dot Capital Partners and …