Mike Wheatley
Latest from Mike Wheatley
HPE expands Private Cloud AI factory portfolio to support next-gen autonomous agents
Hewlett Packard Enterprise Co. today unveiled a massive expansion of its artificial intelligence infrastructure for private cloud deployments, enhancing its portfolio with Nvidia Corp.’s new Vera chips and tools for developers. The new offerings are meant to provide enterprises with everything they need to bring autonomous AI agents online within secure, on-premises environments to ensure ...
GPU infrastructure management startup Hydra Host raises $100M
Data center infrastructure startup Hydra Host Inc. said today it has bagged $100 million in a Series A round of funding led by Kindred Ventures. Investors piled into the round, with Nvidia Corp., Ark Invest, SPLY Capital, Era Funds, Comcast Ventures, Magnetar, Peak6, Founders Fund, 10x Founders, Sterling Road and Flume Ventures also participating. The ...
AMD buys data center memory optimization startup Mext
Chipmaker Advanced Micro Devices Inc. said today it has snapped up the flash memory optimization startup Mext Corp. in an effort to help its customers solve their growing headaches around memory supply constraints in artificial intelligence data centers. The price of the acquisition was likely small since the terms of the deal were not disclosed, ...
NewCore launches security-first identities for AI agents after closing $66M seed funding round
Agentic identity startup NewCore Ltd. said today it’s launching its security-focused platform for artificial intelligence agents after raising a massive seed funding round of $66 million. The company says it has built a comprehensive “security-first identity platform” that’s able to secure and govern both humans and autonomous AI agents within a single, highly scalable architecture ...
AWS and QuEra lay out roadmap to fault-tolerant quantum computing in next two years
Amazon Web Services Inc. has long been at the forefront of a host of companies racing to transform quantum computing from a theory to reality, and it believes it’s finally on course to make that happen thanks to a newly established partnership with QuEra Computing Inc. The partners are working together to bring the world’s ...
White House forces Anthropic to disable new frontier models following abrupt export ban
Anthropic PBC was forced to abruptly pull the plug on foreign access to two of its most powerful artificial intelligence models, Fable 5 and Mythos 5, just days after it launched them. The sudden decision just before the weekend to do so came shortly after the U.S. Commerce Department issued a sweeping export control order ...
Adobe beats expectations but another top executive leaves, putting pressure on its stock
A bad day for the creative software company Adobe Inc. was made even worse after it revealed another top executive is departing, as the news overshadowed a solid earnings and revenue beat. The company said today that Chief Financial Officer Dan Durn is going to leave on June 15, having served in the role for ...
After raising record $75B in IPO, Elon Musk’s SpaceX pops 20% in trading debut
Updated with Friday’s trading: Shares of Elon Musk’s Space Exploration Technologies Corp. jumped 19% over their $135 asking price Friday morning after one of the most hotly anticipated initial public stock offerings in living memory. The stock closed at about $161, valuing the company at $2.1 trillion. The rocket company sold 555.6 million shares at that ...
Alice & Bob unveils its first quantum hardware system to advance qubit fault tolerance
Fault-tolerant quantum computing specialist Alice & Bob SAS today unveiled its first, full-fledged hardware platform for on-premises deployments, marking its graduation from a quantum chipmaker to a complete system developer. The new Alice & Bob Helium Quantum System is designed to encode the company’s first logical qubit with as little as 18 cat-qubits. The system ...
Data center infrastructure startup TensorWave raises $350M to help break Nvidia’s AI chip monopoly
Cloud-based artificial intelligence infrastructure startup TensorWave Inc. said today it has closed on a bumper $350 million Series B funding round as it strives to meet demand for an alternative to Nvidia Corp.’s graphics processing units. The round was co-led by Magnetar and AMD Ventures, the venture capital arm of the chipmaker Advanced Micro Devices ...