Mike Wheatley
Latest from Mike Wheatley
Enso Technologies raises $6M to build an army of guided AI agents for SMBs
Artificial intelligence service-as-a-software startup Enso Technologies Ltd. today announced the launch of what it claims is the first ecosystem of “guided AI agents” for small and medium-sized businesses. The company’s launch came as it closed on a $6 million seed funding round led by NFX Ventures. Dark Mode Ventures and a number of angel investors, ...
US announces $1.6B to fund research in advanced chip packaging technologies
The U.S. Department of Commerce today announced the launch of a new federal funding competition that aims to spur the research and development of more advanced computer chip packaging technologies. The Biden administration has earmarked $1.6 billion in funding, in the latest attempt by the White House to revitalize the U.S. semiconductor industry. In an ...
Skild AI raises $300M to build a general-purpose, AI-powered brain for any robot
Skild AI, a startup that’s developing artificial intelligence-powered brains for robots, said today it has closed on a bumper $300 million early-stage funding round, bringing its valuation to a cool $1.5 billion. The Series A round was led by a host of top-tier venture capital firms, including Lightspeed Venture Partners, Coatue, Softbank Group Corp. and ...
Solo.io paves the way for smoother LLM connectivity with Gloo AI Gateway
Cloud-native application networking startup Solo.io Inc. is taking on the challenge of network traffic management for artificial intelligence workloads, launching a new product called Gloo AI Gateway. The company said today that generative AI is gaining traction in almost every industry and is expected to see an annual growth rate of 37% over the next ...
Runway Finance enhances financial planning and budgeting with generative AI
Accounting software startup Runway Finance Inc. has announced the launch of what it says is a more intuitive platform that leverages artificial intelligence to simplify financial planning and modeling. Generally available starting today, Runway Finance’s platform is described as a “modern, user-friendly interface for financial modeling, headcount planning, departmental budgeting” and more besides. It comes with ...
Storj Labs buys GPU cloud company Valdi to offer on-demand storage and compute for AI workloads
Decentralized cloud-based storage company Storj Labs Inc. said today it has acquired the graphics processing unit cloud provider Valdi Labs PBC. The deal means its customers will be able to access on-demand GPU capacity to power their artificial intelligence workloads whenever they require it. Storj is pioneering the concept of more affordable and secure decentralized ...
Tracebit lands $5M in funding to enable mass adoption of cyberthreat deception techniques
U.K.-based “threat deception” startup Tracebit Ltd. said today it has closed on a $5 million seed funding round to enable the mass adoption of a cybersecurity technique that has, until now, strictly been limited to the top 1% of security teams. Today’s round was led by Accel and saw participation from Tapestry VC, 20Sales and ...
Boomi centralizes API discovery, management and governance with new control plane
Integration platform-as-a-service provider Boomi LP is building on its vision to simplify the way enterprises manage their information technology infrastructure with the debut of its first major application programming interface product, the result of two key acquisitions earlier in the year. The company has just announced the launch of the Boomi API Control Plane, which is ...
Hopsworks wants to make a splash with the industry’s first AI data lakehouse
Swedish data lakehouse company Hopsworks AB is pitching what it says is the industry’s “first unified platform for building batch, real-time and large language model” artificial intelligence systems. In the Hopsworks 4.0 release, the company is enhancing its flagship platform with multiple new capabilities designed to help AI systems leverage real-time data, including a new ...
Samsung expects 15X profit increase, fueled by massive demand for AI chips
Samsung Electronics Co. Ltd. says its operating profit is likely to increase almost 15-fold during the second quarter from the same period a year ago, the jump thanks to the growing demand from enterprises for memory chips essential for artificial intelligence workloads, analysts believe. The world’s biggest memory chip maker and leading smartphone and TV ...