Mike Wheatley
Latest from Mike Wheatley
Europe’s biggest companies call for two-year pause on EU’s landmark AI Act
A coalition of Europe’s biggest enterprises, including Airbus SE, Mercedes-Benz AG and BNP Paribas Group is asking the European Union to freeze the implementation of a new artificial intelligence law, saying it could prevent the bloc from keeping up with the pace …
Perplexity AI launches new ‘Max’ subscription priced at $200/month
Artificial intelligence search firm Perplexity AI Inc. is matching its industry rivals with the launch of a new $200-per-month subscription plan for power users, it said in a blog post today. Billed as the company’s “most powerful subscription tier yet,” the Perplexity …
Report: Intel considers moving on from 18A chip manufacturing process
Intel Corp. is set to revamp its contract chip manufacturing business by pivoting away from its highly publicized 18A process and switching its attention to its next-generation 14A node in an effort to win over new customers. The company’s proposed strategic shift …
Agentic AI workflow automation startup FileAI launches in public access
FileAI says it’s ready to supercharge workflow automation across the accounting, data collection, financial services, legal and insurance industries with a new agentic artificial intelligence platform that it says is capable of automating hundreds of manual and repetitive tasks. The startup, officially …
Chinese GPU startups Moore Threads and MetaX file for IPOs, seeking a combined $1.65B in funding
China’s domestic chipmaking industry is gaining momentum as U.S. sanctions on the export of advanced chips to that country accelerate local demand, prompting two of its major players to file for initial public offerings on the Shanghai Stock Exchange’s technology-focused STAR index. …
Data labeling startup Surge AI reportedly seeking $1B in first capital raise
Data-labeling startup Surge Labs Inc. is hoping to capitalize on the recent customer exodus at its main rival Scale AI Inc., and to do that it’s reportedly seeking up to $1 billion in venture capital funding. That’s according to an exclusive report …
Concentric AI buys startups Swift Security and Acante to expand scope of data protection platform
Data security startup Concentric Software Inc. said today it has snapped up a couple of smaller startups to bolster its comprehensive artificial intelligence-powered governance platform. It said the acquisitions of Swift Security and Acante Inc. will enable it to unify its expertise …
Anysphere’s Cursor brings AI coding agents to web and mobile browsers
Well-funded artificial intelligence startup Anysphere Inc. is expanding beyond its viral generative AI code editor and into “agentic AI” with the launch of new web and mobile browser-based orchestration tools for coding agents. Anysphere last month closed on a bumper $900 million …
Canadian legal tech startup Clio swoops to acquire vLex for $1B
Canadian legal software provider Clio has pounced on its second major acquisition of the year, buying an artificial intelligence startup called vLex LLC for $1 billion. The deal will help Clio, officially known as Themis Solutions Inc., to enhance its legal management …