Mike Wheatley
Latest from Mike Wheatley
Stanford’s AI transparency index shows foundational models are shrouded in secrecy
Researchers from Stanford University today published a report looking at the transparency of the most popular foundational artificial intelligence models built by companies like OpenAI LP and Google LLC, declaring that none of them are particularly open. The authors stated that none of the most prominent developers of AI models, including companies such as Meta ...
Objective raises $13M to bring multimodal search capabilities to any website or app
Multimodal search startup Objective Inc. exited stealth mode today, announcing the launch of its platform and the closure of a $13 million venture funding round led by Matrix, with participation from Two Sigma Ventures and others. Founded by machine learning experts who previously worked at Apple Inc., Amazon.com Inc., Google LLC, Meta Platforms Inc. and ...
Meta’s newest AI system can decode images from human brain activity
Artificial intelligence researchers from Meta Platforms Inc. have made another key breakthrough, designing an algorithm that can replicate the process of transforming brain activity into the images we see every day. In a blog post today, Meta researchers explained that they use a non-invasive neuroimaging technique known as magnetoencephalography or MEG to collect thousands of brain ...
Statement, a real-time cash flow intelligence platform, raises $12M
Cash intelligence startup Statement Ltd. said today it has closed on a $12 million seed funding round to coincide with the official launch of its liquidity management platform. The round was led by Glilot Capital Partners and saw participation from Citi, Mensch Capital Partners, Titan Capital and Operator Partners. Statement has built what it says ...
Auquan raises $3.5M in seed funding to deliver AI-powered insights to the financial services industry
Auquan Ltd., a startup that offers an artificial intelligence-powered analytics engine for financial services companies, said today it has closed on a $3.5 million seed funding round. Today’s round, led by Neotribe Ventures and with participation from Episode 1 and Stage 2 Capital, comes alongside the official debut of the company’s flagship product, the Auquan ...
IBM Consulting to help companies get started with generative AI on AWS cloud
IBM Corp. said today its consulting division is partnering with Amazon Web Services Inc. to help customers deploy and operationalize generative artificial intelligence on its cloud computing infrastructure. In addition to helping customers deploy some very specific use cases of generative AI, IBM will integrate its watsonx.data platform with AWS. It has also committed to ...
SecureW2 raises $80M to help companies adopt passwordless approach to zero-trust security
Passwordless security startup SecureW2 Inc. said today it has closed on a hefty $80 million funding round from the software-focused venture capital firm Insight Partners LLC. The funds will be used by the startup to accelerate its market expansion and the development of its security platform and hire new talent. SecureW2 has built a zero-trust ...
Nvidia and Foxconn to collaborate on AI data factories and smarter self-driving cars
Nvidia Corp. said today it’s expanding its ongoing collaboration with Hon Hai Technology Group, better known as Foxconn, to accelerate the development of artificial intelligence-powered electric vehicles and robotics platforms. As part of the collaboration, Foxconn plans to develop a new class of data centers it calls “AI factories” to power these and other new ...
Big-data startup dbt Labs rolls out data mesh architecture and enhances semantic layer
Big data platform startup dbt Labs Inc. said today it’s reinvigorating its flagship dbt Cloud offering with new enhancements and capabilities that it says will enable every employee to participate in data transformation. New innovations include dbt Explore, Cloud CLI and a revamped dbt Semantic Layer, plus the launch of the new dbt Mesh paradigm for ...
Arm unveils Total Design ecosystem for customized system-on-chip development
Arm Holdings Ltd. is building on the launch of its Arm Neoverse Compute Subsystems earlier this year as today the British chip design firm announced a new ecosystem called Arm Total Design that will help companies building customized system-on-chip designs to access industry expertise and accelerate those efforts. When it unveiled Arm Neoverse CSS in the ...