Mike Wheatley
Latest from Mike Wheatley
Former Twitter Inc. Chief Executive Parag Agrawal has raised $100 million to fund his new startup Parallel Web Systems Inc., which is focused on enabling artificial intelligence agents to search the web more efficiently. Sequoia Capital led today’s Series B round and …
Elon Musk accuses OpenAI CEO Sam Altman of trying to ‘steal’ a charity
Billionaire technology entrepreneur Elon Musk took the stand today in a landmark trial that pits him against OpenAI Group PBC Chief Executive Sam Altman, with the outcome set to have a major impact on the future of artificial intelligence. “Fundamentally I think …
Strong momentum across all markets helps NXP’s profit surge
Dutch chipmaker NXP Semiconductors N.V. more than doubled its total profit as it saw strong growth across all four of its major business segments in the first quarter. The company today reported earnings before certain costs such as stock compensation of $3.05 …
AWS accelerates enterprise agentic automation with expanded Amazon Connect portfolio
Amazon Web Services Inc. is moving agentic artificial intelligence up the software stack with the launch today of an expanded Amazon Connect portfolio, which has evolved into four distinct offerings that aim to automate complex, industry-specific workflows. The expansion effectively rebrands the …
Amazon revamps Quick as a proactive desktop app that gets work done
Amazon.com Inc. is digging further into the artificial intelligence assistant game today with a major update to Amazon Quick. Whereas other chatbots offer tons of promise but often result in more work for the user, the revamped Amazon Quick is billed as …
Appian adopts MCP protocol and partners with Snowflake to provide more structure and control for AI agents
Business process automation software company Appian Inc. is stepping up its game in agentic artificial intelligence, announcing major updates to its platform focused on AI-assisted application development and Model Context Protocol integration. The company announced the updates at its annual user conference …
Altair Semiconductor raises $50M after completing spinoff from Sony
Altair Semiconductor Ltd. has returned to its roots as an independent company after its parent completed a strategic spinoff from Sony Semiconductor Solutions Corp. With the successful split, Altair has secured $50 million in funding from Pitango Group. Sony Corp. will remain one …
Microsoft reveals how Accenture deployed Copilot to 700,000+ users at Accenture
Microsoft Corp. has partnered with Accenture Plc on the largest-ever deployment of its artificial intelligence tool Microsoft 365 Copilot, rolling it out to the consultancy’s global workforce of more than 743,000 people – roughly equivalent to the population of Denver. The sheer …
Quantum Art raises $140M to scale quantum computing with a unique ‘multicore’ architecture
Quantum Art Ltd., a quantum computing startup focused on enhancing computational throughput, said today it has extended its Series A funding round to $140 million following a surge of interest from investors. The company originally raised $100 million in a December early-stage …
Cognition, creator of the AI software engineer Devin, in talks to raise ‘hundreds of millions’ at $25B valuation
Artificial intelligence coding assistant startup Cognition AI Inc. is engaged in discussions with investors over another massive funding round that would more than double its valuation to $25 billion, Bloomberg reported today. The report cites “people familiar with the matter” as saying …