Mike Wheatley
Latest from Mike Wheatley
Insurance tech startup Shepherd raises $42M to underwrite the physical layer of AI
Artificial intelligence-native insurance provider Shepherd has just raised $42 million in a new funding round to underwrite the massive infrastructure boom that’s fueling the industry’s growth. The Series B round was led by Intact Private Capital and saw participation from Spark Capital, Costanoa Ventures and others, bringing the company’s total amount raised to $67 million. ...
Anthropic unchains Claude Code with auto mode, allowing it to choose its own permissions
Anthropic PBC is taking the leash off its popular artificial intelligence coding tool Claude Code, introducing a new feature called “auto mode” that lets it decide for itself which permissions it’s allowed to use. The launch accelerates a trend that has seen AI tools become increasingly autonomous, performing more actions without waiting for approval from ...
OpenAI says it’s pulling the plug on Sora, its generative AI video creation tool
In a dramatic U-turn, OpenAI Group PBC has announced it’s discontinuing its vaunted Sora AI video application, just months after rolling out a massive update. The decision comes in the wake of declining interest in the generative artificial intelligence video platform, according to a report in the Wall Street Journal. Co-founder and Chief Executive Sam ...
With $90M in funding, NoTraffic will use AI to end gridlock in America’s cities
Artificial intelligence mobility startup NoTraffic U.S. Inc. said today it’s going to eliminate congestion in American cities once and for all after raising $90 million in new funding. Road congestion in U.S. and Canadian cities is getting worse than ever as traffic agencies struggle with a lack of resources while simultaneously trying to manage increasing ...
Multichip inference cloud startup Gimlet Labs receives $80M to solve one of AI’s biggest bottlenecks
Gimlet Labs Inc. said today it has raised $80 million in early-stage funding to solve a bottleneck that’s holding back artificial intelligence inference. The startup, which has raised $92 million in total, has created what’s said to be the world’s first and only “multi-silicon inference cloud.” It differs from standard inference clouds, because it enables ...
Anthropic’s Claude gets computer use capabilities in preview
Anthropic PBC wants users to give Claude the keys to their computer, announcing new “computer use” functionality for its artificial intelligence assistant so it can now click, scroll and navigate through web pages and applications to complete tasks on behalf of users. The feature was launched today as a research preview for Claude Pro and ...
Meta acqui-hires the co-founders of agentic AI startup Dreamer
Meta Platforms Inc. has just swooped on another acqui-hire, signing up the co-founders and personnel of an agentic artificial intelligence startup called Dreamer for an undisclosed price. Dreamer’s team, which includes former Meta and Google LLC executive Hugo Barra, will go to work within Meta’s Superintelligence Labs group under Chief AI Officer and former Scale ...
Elon Musk announces ambitious $20B Terafab project to manufacture chips for space-based AI
Billionaire technology entrepreneur Elon Musk announced Saturday that his companies will collaborate on a new, $25 billion chip fabrication plant called “Terafab” that aims to manufacture up to 1 terawatt of computing power annually. When it comes online, it will be the largest semiconductor fab ever built, by an incredibly wide margin. Musk announced Terafab at ...
Verily steps out from under Alphabet’s shadow after raising $300M to advance precision health
Verily Life Sciences is finally growing up, stepping out from under the enormous shadow of its former parent company Alphabet Inc. after raising $300 million in funding today. The round was led by Series X Capital, a venture fund that was set up by Alphabet specifically to help scale up its most promising experimental technology ...
Deeptune raises $43M to accelerate AI learning through virtual training gyms
Artificial intelligence startup Deeptune Inc. said today it’s going to solve the industry’s “data exhaustion” crisis after raising $43 million in an early-stage funding. Andreessen Horowitz led the Series A round, which saw participation from 776, Abstract Ventures and Inspired Capital, plus high-profile angel investors such as OpenAI Group PBC researcher Noam Brown and Mercor.io ...