Mike Wheatley
Latest from Mike Wheatley
Act Security raises $60M to take action against agentic access sprawl at the infrastructure layer
Cloud security startup Act Security Ltd. says it’s primed and ready to help enterprises safely deploy artificial intelligence agents at large scale after raising $60 million in funding across two rounds. The company was founded last year and closed on a hefty $20 million seed funding round led by Team8 and Bessemer Venture Partners, with ...
Quantum computing startup ZuriQ gets $25.5M to scale 2D trapped-ion processor design
Investors are throwing money at quantum computers again, with the Swiss startup ZuriQ AG becoming the latest beneficiary of their largesse after closing on a $25.5 million seed funding round. The investment was led by Quantonation and saw the participation of Forward.one, Extantia, Firgun Ventures and all of the startup’s existing backers, building on a ...
Ilya Sutskever’s Safe Superintelligence gets access to Nvidia’s Vera Rubin platform
Safe Superintelligence Inc., a frontier lab that’s trying to develop safe and ethically-aligned artificial superintelligence for the benefit of humanity, has hit the headlines again after striking a significant deal with Nvidia Corp. that will give it access to vast computing resources. The deal will give SSI access to Nvidia’s Vera Rubin graphics processing units, ...
Nvidia is putting its Vera CPUs to work alongside AI agents to speed up chip design
Nvidia Corp. said tonight it’s now running the chip design software its engineers are using to design the next generation of its graphics processing units, on its own silicon. It’s partnering with Cadence Systems Inc. and Synopsys Inc., the two biggest providers of electronic design automation or EDS software, which are now optimizing their platforms ...
Oracle secures $7B contract to supply the Pentagon with vital software and services
Database giant Oracle Corp. has signed a new, multibillion-dollar deal with the Pentagon that will see it provide its software to branches of the U.S. military, Coast Guard and intelligence community over the next 10 years. The deal, valued at almost $7 billion, includes a five-year base period for both perpetual and subscription-based software licenses, ...
SAP shrugs off fears of AI eating software with big earnings beat
Enterprise software giant SAP SE’s stock inched up in late trading today after it shook off concerns that its business might become a victim of the artificial intelligence boom by posting solid results in its latest earnings report. The strong numbers posted by SAP today suggest that AI tools that can automate some kinds of ...
Intel posts its highest revenue growth in 15 years, crushing expectations in its latest results
Chipmaker Intel Corp. delivered better-than-expected results today after recording its fastest rate of revenue growth for any quarter since 2011. It also provided guidance that topped analyst’s expectations, sending its stock higher in after-hours trading. The company absolutely crushed expectations, reporting earnings before certain costs such as stock compensation coming to 42 cents per share, ...
AMD debuts next-generation AI infrastructure for frontier models, agentic workloads and autonomous robots
Advanced Micro Devices Inc. is pushing harder than ever to grab even more market share from Nvidia Corp. in the artificial intelligence chip industry. At its Advancing AI 2026 event today in San Francisco, the chipmaker announced a slate of updated hardware, including its next-generation AMD Instinct MI400 Series graphics processing units and the sixth-generation ...
Real-time speech intelligence startup Cast Insights raises $4.5M to track the world’s TV, radio and podcasts
Cast Insights, a startup that’s building a real-time competitive intelligence layer for ephemeral speech, launched its platform today after closing on $4.5 million in a pre-seed funding round. The investment was led by Abstract Ventures and saw participation from HF0, Village Global, Max Ventures, Embassy Ventures and Stratus Ventures. The San Francisco-based startup, which emerged ...
Senior White House official accuses Moonshot AI of copying Anthropic’s leading frontier model
A senior White House official has accused Chinese artificial intelligence startup Moonshot AI of using so-called “distillation” techniques to essentially pirate the capabilities of Anthropic PBC’s most powerful models in its own, open-source AI systems. “We have information that Moonshot AI distilled Anthropic’s Fable for the development of its K3 model,” Michael Kratsios (pictured), director ...