Mike Wheatley
Latest from Mike Wheatley
Healthcare payments startup Turquoise Health Corp. said today it has raised $40 million in a new round of funding to try to fix the systemic inefficiencies that lead to denied payments, surprise bills and excessive costs for all parties. The Series C …
Amazon CEO Andy Jassy forecasts cloud revenue to hit $600B by 2036, thanks to AI
Artificial intelligence is likely to help Amazon.com Inc.’s cloud computing business reach $600 billion in annual sales within the next decade, according to Amazon Chief Executive Andy Jassy. The bold forecast came during an internal all-hands meeting with company employees today. Jassy …
Nebius secures $27B AI infrastructure commitment from Meta Platforms
Dutch cloud computing infrastructure company Nebius Group NV has secured a colossal $27 billion deal with Meta Platforms Inc., boosting its stock by more than 14% today. Under the terms of the deal, Nebius will provide Meta with $12 billion of dedicated …
Nvidia debuts the Groq 3 language processing unit, a dedicated inference chip for multi-agent workloads
Nvidia Corp. kicked off its annual GTC 2026 developer conference in San Jose today by announcing a number of new chips and computing platforms aimed at data center operators. But though most of the attention was focused on Nvidia’s newest graphics processing …
Frore Systems scores $143M in funding at a $1.64B valuation to help AI chips run cooler
Silicon Valley-based chip cooling startup Frore Systems Inc. has just pulled in $143 million in funding through a late-stage round, bringing its total valuation to $1.64 billion. The Series D round comes at a time when the data center industry is experiencing …
Upping the stakes for AI infra, Nvidia launches turbocharged Vera Rubin platform
Nvidia Corp. is throwing down the gauntlet to the rest of the artificial intelligence chip industry with the launch of its next-generation Vera Rubin platform. Announced at GTC 2026 today, it consists of no less than seven new ships designed to power …
Nvidia reinvents the CPU for the age of agentic AI
For a while, it was thought that generic central processing units had little role to play in the artificial intelligence revolution, but Nvidia Corp. begs to differ. At its GTC 2026 developer conference today, it announced the all-new Vera CPU, said to …
Report: Meta could lay off 20% of its staff and replace many of them with AI workers
Meta Platforms Inc. is reportedly planning to lay off as much as 20% of its global staff, according to a report by Reuters Friday that cited three people familiar with the company’s inner workings. The layoffs are being made in order to …
Verifiable AI startup Axiom raises $200M to prove AI-generated code is safe to use
Axiom Quant Inc. said today it’s ready to step up to the plate and make sure that the tsunami of artificial intelligence-generated code is safe, secure and accurate after raising $200 million in early-stage funding. The Series A round, which brings Axiom’s …
Anthropic’s Claude gets interactive visuals to enhance learning
Last year, Anthropic PBC released a temporary experience called “Imagine with Claude” that enabled its chatbot to create interactive visuals in real-time without any code, and now the same capability is coming to Claude’s chat conversations. In a blog post today, the company …