Mike Wheatley
Latest from Mike Wheatley
Generative artificial intelligence video pioneer Lightricks Ltd. has responded to recent updates from OpenAI, Google LLC and others with today’s release of what it claims is the fastest video generation model in the business. The new model is called LTX-2, and in …
Domino Data takes aim at AI costs with autoscaling tools and spot instances
Data science operations startup Domino Data Lab Inc. today unveiled new capabilities in its popular Domino Cloud platform aimed at boosting the scalability of artificial intelligence applications and agents and make them more cost-effective. Domino Cloud is a software-as-a-service platform that’s used …
Meta lays off 600 AI workers to streamline its Superintelligence Labs unit
In a surprising move that bucks the trend of Silicon Valley companies aggressively hiring almost anyone with artificial intelligence skills, Meta Platforms Inc. is letting go of more than 600 people from its AI teams. The news was first reported today by …
AI operating system startup UnifyApps raises $50M and gets a new co-CEO
UnifyApps, a fast-growing startup that’s trying to build an enterprise-grade operating system for artificial intelligence models and agents, said today it has raised $50 million in a funding round led by WestBridge Capital. It has also named one of its earliest investors, …
IBM’s software growth disappoints investors, sending stock lower
Updated: IBM Corp. delivered third-quarter financial results that surpassed Wall Street’s expectations and raised its guidance, citing tailwinds in artificial intelligence. However, investors were seemingly less than impressed with the company’s software revenue growth, and its stock moved lower after-hours. Update: On …
Amazon melds AI with robotics and smart glasses to streamline deliveries
Amazon.com Inc. aims to transform its retail and logistics business with the introduction of more sophisticated robots and artificial intelligence operations tools for warehouses, as well as “smart delivery glasses” for the contractors who deliver its packages to customer’s doors. At its …
Business AI cloud operator Uniphore gets $260M from Nvidia, Snowflake, Databricks, AMD and others
Enterprise artificial intelligence company Uniphore Technologies Inc. has cemented its transition from call center intelligence to providing a foundation for business AI after closing on a hefty $260 million round of funding today. The Series F investment was led by some illustrious …
Platform Engineering Labs launches ‘formae’ to fix broken infrastructure-as-code
Platform Engineering Labs Inc. might not have the most imaginative name, but it has come up with a creative solution to the inefficiencies that continue to plague most infrastructure-as-code platforms. The startup, which was operating under the radar until today, has announced …
Pegasystems’ agentic AI bets pay off with growing earnings and revenue
Business automation software company Pegasystems Inc. delivered encouraging third-quarter financial results today, showing impressive growth driven by its investments in artificial intelligence. Investors rejoiced, and its stock made strong gains in extended trading. The company reported earnings before certain costs such as …
Google embraces vibe coding with latest version of AI Studio app development platform
Google LLC said today it’s bringing a “vibe coding” experience into its AI Studio platform to facilitate easier application development for both coders and noncoders. The update means users can enter simple prompts to generate working applications and positions the AI Studio …