Mike Wheatley
Latest from Mike Wheatley
Nvidia and Intel set new standards for AI performance in MLPerf 4.0 benchmarks
MLCommons, the nonprofit entity for measuring artificial intelligence performance, today announced the results of its MLPerf 4.0 benchmarks for AI inference and other workloads. With impressive results from both Nvidia Corp.’s and Intel Corp.’s latest chips, the new benchmarks highlight the dramatic pace of evolution in the AI hardware industry. MLPerf has become the industry ...
Hume AI raises $50M after building the most realistic generative AI chat experience yet
Generative artificial intelligence startup Hume AI Inc. said today it has closed on a $50 million funding round after creating an AI chatbot that brings realism to the next level. The Series B round was led by EQT Ventures and saw participation from Union Square Ventures, Nat Friedman & Daniel Gross, Metaplanet, Northwell Holdings, Comcast ...
ValidMind raises $8.1M to streamline AI model risk management processes
Artificial intelligence model risk management startup ValidMind Inc. said today it has closed on an $8.1 million seed funding round that will be used to advance its go-to-market plans. Today’s round was led by Point72 Ventures and saw participation from Third Prime Ventures, New York Life Ventures, AI Fund, Notion Capital, FJ Labs, Angel Invest ...
Cisco adds new AI features to Webex Contact Center, including agent burn-out detection
Cisco Systems Inc. is enhancing its Webex contact center and videoconferencing platform with expanded artificial intelligence capabilities that are designed to boost productivity for workers, no matter where they’re working. The latest AI features in Webex include the Cisco AI Assistant for Webex, which uses generative AI technology to support chatbots and summarization features. In ...
Intel launches new program to accelerate development of apps for AI PCs
Intel Corp. is pushing for more developers to start coding for the next generation of “AI PCs,” launching a new AI Acceleration program for developers, it said today. The chipmaker first delivered its AI personal computers, which are PCs customized to run artificial intelligence workloads locally, last December when it launched its new Core Ultra chip ...
Activeloop raises $11M to grow its specialized tensor database for AI training and inference
Activeloop, creator of a database platform that’s designed to cater specifically to artificial intelligence workloads, said today it has closed on an $11 million early-stage funding round, bringing its total amount raised to about $20 million. Today’s Series A round was led by Streamlined Ventures and saw participation from Y Combinator, Samsung Next, Alumni Ventures ...
Bedrock Security raises $10M to enhance big-data security with AI-based reasoning
Bedrock Labs Inc., a data security startup that likes to be known simply as Bedrock Security, said today it has closed on a $10 million seed funding round led by Greylock. The round came as the company announced the launch of its “frictionless data security” platform that’s said to help companies by continuously discovering, managing ...
OpenPipe raises $6.7M to help developers fine-tune lightweight but powerful LLMs
A generative artificial intelligence startup called OpenPipe Inc. is hoping to make the power of large language models more accessible after closing on a $6.7 million seed funding round. Today’s round was led by Costanoa Ventures and saw participation from Y Combinator and angel investors, such as Logan Kilpatrick, the former head of developer relations ...
Updated: Dell reduces its global workforce by 13,000 jobs
Enterprise technology company Dell Technologies Inc. revealed in a filing today that it has slashed its workforce by about 13,000 employees, as part of a broader cost-cutting initiative that also included putting limits on external hiring. According to Reuters, Dell’s global workforce stood at approximately 120,000 employees as of Feb 2, 2024, down from about ...
AI decision-making startup RealSage raises $4M to transform real estate asset management
RealSage, creator of a decision-making engine for real estate asset managers, said today it’s ready to transform the real estate industry after closing on a $4 million seed funding round. Today’s investment was led by York IE, a venture capital firm that specializes in software-as-a-service startups. The round also saw contributions from Karman Ventures, Stellifi ...