Mike Wheatley
Latest from Mike Wheatley
Automotive technology startup ServiceUp Inc. has closed on a hefty $55 million funding round as it accelerates its mission to try and revolutionize the way vehicle fleet operators and insurers conduct vehicle maintenance and repairs. Today’s round was led by PeakSpan Capital …
Blok raises $7.5M to build AI agents that simulate human behavior to accelerate software testing
A startup called Blok Intelligence Inc. today said it has raised $7.5 million to transform the software testing process with artificial intelligence agents that simulate the behavior of human users. The money comes via a seed funding round led by MaC Venture …
Red Hat offers free and simple self-serve access to RHEL for application developers
Leading Linux software company Red Hat Inc. says it’s cutting through some of the complexity of today’s intricate hybrid cloud and on-premises computing environments with a new version of its flagship operating system that’s more accessible for developer teams who design and …
GlobalFoundries buys RISC-V chip firm MIPS to accelerate its AI ambitions
U.S. chipmaker GlobalFoundries Inc. is moving into the RISC-V processor business after announcing plans to buy the chip developer MIPS Technology LLC for an undisclosed price. GlobalFoundries said it plans to let MIPS continue to operate as a standalone business, but the …
Report: Mistral AI in talks with MGX on $1B equity financing round
French artificial intelligence leader Mistral AI is reportedly holding talks with Dubai-based investor MGX and others on a $1 billion equity funding round that would include hundreds of millions of euros in debt. According to Bloomberg, which first reported the discussions, the …
Graphwise enhances its graph database to become the brains of AI agents
The Bulgarian graph database startup Graphwise today announced a major upgrade to its flagship GraphDB tool, adding new features aimed at boosting enterprise knowledge management and creating a more reliable foundation for artificial intelligence models. Graphwise, officially known as Ontotext AD, said …
Samsung warns of big profit miss from US restrictions on advanced AI chip exports
Semiconductor and smartphone giant Samsung Electronic Co. Ltd. said on Tuesday morning in South Korea that it’s anticipating its second-quarter profit to plunge 56% from a year earlier, blaming it on sluggish sales in its chip business and the impacts of U.S. …
IonQ prices $1B equity offering to accelerate its push into quantum networking
Shares of the quantum computing pure play IonQ Inc. gained more than 6% today after it announced a $10 billion equity offering priced far above its recent stock value. The company’s new offering was priced at $55.49 per share, which is around …
Capgemini buys business automation firm WNS for $3.3B to enhance its agentic AI expertise
French technology consulting services giant Capgemini SE said today it has agreed to buy the Indian business process automation firm WNS Holdings Ltd. in a $3.3 billion cash deal, as part of an effort to expand the range of artificial intelligence tools …
Synfini gets $8.9M to accelerate drug discovery with AI
Drug discovery startup Synfini Inc. said today it has closed on an $8.9 million expansion funding round led by JSL Health Capital, bringing its total amount raised to date to $53 million. The company has made a name for itself by combining …