Mike Wheatley
Latest from Mike Wheatley
OpenAI’s planned ‘superapp’ gets closer as one employee says ‘chat is dead’
OpenAI Group PBC is still focused on its plans to transform ChatGPT into some kind of “superapp,” and it will have a heavy focus on artificial intelligence agents and autonomous coding bots, according to a new report in the Financial Times this weekend. By launching a superapp, the company hopes to be able to better ...
AI agent web traffic has surpassed that of humans, lending weight to the ‘dead internet’ theory
Cloudflare Inc. co-founder and Chief Executive Matthew Prince says that artificial intelligence agents now drive the bulk of the internet’s traffic, having surpassed human web activity for the first time. The milestone was crossed much earlier than most people had anticipated, in another illustration of the incredible pace of AI’s seemingly unstoppable rise. Prince announced the ...
Supabase raises $500M as AI coding tools drive ‘phenomenal’ growth
Postgres database startup Supabase Inc. has closed on a $500 million late-stage investment that brings its valuation to a cool $10.5 billion, it revealed today. The company, which provides ready-to-use back-end tools for developers building websites and artificial intelligence coding applications, said the round was led by GIC, the sovereign wealth fund of Singapore. All ...
Anthropic calls for global pause in AI development before humans lose control
Anthropic PBC has sounded the alarm on the rapid pace of artificial intelligence development and is calling on the world’s top AI laboratories to consider slamming on the brakes. In a blog post today, the company warned that AI systems are getting close to the point where they may soon be able to improve themselves ...
Startup Kodesage secures seed funding to accelerate on-premises app modernization with AI
Legacy code modernization startup Kodesage Ltd. said today it has closed on a $6.6 million seed funding round to accelerate its mission of helping enterprises transform their on-premises software stacks. The round was led by VentureFriends and saw participation from Portfolion and a couple of notable angel investors: Google Scholar Christian Szegedy, who helped Elon ...
Nvidia snaps up Kumo AI, a predictive AI startup known for its extreme accuracy
Nvidia Corp. has bagged itself another artificial intelligence startup, acquiring four-year-old model maker Kumo AI Inc. The company designs AI models focused on making extremely accurate business predictions. It’s the latest in a string of startups acquired by the chipmaker in the last couple of years. Nvidia didn’t disclose the terms of the acquisition, but the ...
SpaceX hopes to raise $75B when world’s biggest-ever IPO lifts off next week
Elon Musk’s Space Exploration Technologies Corp. said today it’s hoping to raise a staggering $75 billion when it goes public later this month, setting the stage for what would be the largest stock market debut in history. The haul puts Musk on course to become the world’s first trillionaire, based on the estimated value of ...
Broadcom revenue miss stuns Wall Street, and its stock sinks after-hours
Updated with Thursday stock price: Shares of the chipmaker Broadcom Inc. came crashing down to Earth in late trading today after it reported weaker-than-expected second-quarter revenue. The stock fell a bit initially, and then much more after Chief Executive Hock Tan declined to raise the company’s full-year guidance for artificial intelligence chip sales beyond the ...
Sema4.ai’s autonomous agent-building platform gets simpler to use, adds deeper business context and more
Sema4.ai Inc. a startup that provides tools for building and managing artificial intelligence agents, today announced a massive revamp of its platform, with big changes coming to every layer of the agent development stack. The refreshed platform will improve everything from the way agents are built to how they capture and understand business context and ...
With new Majorana 2 quantum chip, Microsoft claims dramatic breakthrough in qubit stability
Microsoft Corp. today announced an updated chip for quantum computing called Majorana 2 that it says is 1,000 times more reliable in terms of qubit stability. According to the company, it opens the door to a much faster path toward building commercially viable quantum computers. Intriguingly, Microsoft said it developed the new chip with the assistance ...