Mike Wheatley
Latest from Mike Wheatley
Ornn raises $33M to help companies buy and sell AI compute as a commodity like oil
Artificial intelligence startup Ornn AI Inc. made a big splash today as it raised $33 million in seed funding from Andreessen Horowitz’s crypto-focused fund and others to build out a marketplace for computing power. The round was co-led by Galaxy Ventures and saw participation from Nordstar and SV Angel, plus existing investors Crucible Capital, Vine ...
Agentic infrastructure startup Seltz raises $12.5M to help AI agents search the web for answers
Agentic search startup Seltz Inc. said today it has bagged $12.5 million in seed funding to build a more optimal infrastructure so that artificial intelligence agents can find their way around the web. The round was led by Speedinvest and B Capital. Also participating were Italian Founders Fund, Future Back Ventures, futurepresent, Arc Investors, Vento Ventures, Mango ...
Soaring memory chip demand helps Micron quadruple its revenue and crush expectations again
Memory chip maker Micron Technology Inc. more than quadrupled its revenue growth in the most recent quarter as it continued to benefit from surging demand linked to the artificial intelligence industry. The company reported third-quarter earnings before certain costs such as stock compensation of $25.11 per share, crushing Wall Street’s target of $20.78 by a ...
Kinoa pushes AI-native mobile app revenue operations after raising $10M in funding
Mobile application operations startup Kinoa Labs Ltd. said today it has raked in $10 million in funding to help app developers unlock more revenue from their users with its artificial intelligence-native software. Transcend Fund led the round, which also saw participation from Sisu Game Ventures. The money will support the startup’s mission of giving games ...
Anthropic debuts Claude Tag, a more capable AI teammate that lives within Slack
Anthropic PBC today unveiled a new version of its chatbot Claude that lives inside Slack, where it operates like a virtual employee. It’s called Claude Tag, and it’s designed to work across entire organizations, helping multiple employees complete tasks for related projects. It builds on existing agentic artificial intelligence tools offered by Anthropic, including Claude Code ...
Shares of AI chipmaker Cerebras sink following first earnings report since going public
Chipmaker Cerebras Systems Inc. delivered mixed results in its first earnings report since going public last month, beating Wall Street’s revenue projections but falling short on earnings, sending its stock lower after-hours. The company reported a first-quarter earnings loss before certain costs such as stock compensation of 22 cents per share, trailing the Street’s target ...
Lama AI raises $10M to accelerate automated loan originations
Artificial intelligence-native loan origination startup Lama AI Inc. said today it has closed on a $10 million capital infusion, bringing its total amount raised to date to more than $20 million after growing its revenue over threefold in the last year. The Series A round was led by EJF Ventures and saw participation from new ...
Virtue AI pulls the rug out from under the feet of shadow AI agents
Artificial intelligence security startup Virtue AI Inc. is expanding its capabilities with the launch of Shadow AI, a new addition to its AgentSuite platform that gives enterprises clear visibility into how AI is being used across their organization. Enterprises desperately need to know which of their employees are using AI, and how they’re using it, ...
Komprise aims to make messy, unstructured data accessible without the hassle
Big data management startup Komprise Inc. said today it’s introducing a major update to its platform with the launch of Komprise Transparent File Tables, an entirely new feature that enables a “structured view” of messy unstructured data, making it more accessible to artificial intelligence models and applications. In an interview with SiliconANGLE, co-founder and Chief Technology ...
Trump signs two executive orders to accelerate arrival of powerful quantum computers
U.S. President Donald Trump is pushing for the acceleration of the nascent quantum computing industry, signing a pair of executive orders today aimed at speeding up the technology’s development and simultaneously mitigate any security concerns around them. The first order tasks federal agencies, including the Energy Department, to collaborate with the private sector and academic ...