Mike Wheatley
Latest from Mike Wheatley
Intel to invest $25B in Israeli chip manufacturing plants
Chipmaker Intel Corp. has committed to building a new manufacturing plant in Kiryat Gat, Israel, as part of an ongoing effort to diversify its production operations away from Asia. The deal was announced by Israeli Prime Minister Benjamin Netanyahu today, and Intel separately confirmed that it’s intending to expand its manufacturing capacity in the country, ...
Strong earnings results and AI buzz send Adobe’s stock higher
Shares Adobe Inc. moved higher in extended trading today after the design software company delivered record fiscal second-quarter revenue and beat Wall Street’s expectations. The company reported net income for the quarter of $1.3 billion, rising slightly from the $1.2 billion profit it delivered in the same period a year ago. Earnings before certain costs ...
Blackbird.AI raises $20M to help brands combat disinformation and false narratives
Blackbird.AI, a startup that provides artificial intelligence-powered narrative and risk intelligence to enterprises, said today it has closed on a $20 million round of funding, bringing its total amount raised to $30 million. Today’s Series B round was led by Ten Eleven Ventures and saw participation from existing investors Dorilton Capital, Generation Ventures StartFast Ventures ...
Dremio leverages generative AI for data discovery with Text-to-SQL and more new features
Data lakehouse company Dremio Corp. is jumping on the generative artificial intelligence bandwagon, launching a new Text-to-SQL capability today and announcing additional features to come later. The company said the updates are all about empowering customers with more innovative tools for data exploration, analysis and discovery across both cloud and on-premises systems. Dremio is a ...
Deepchecks raises $14M to validate machine learning models continuously
Continuous machine learning validation startup Deepchecks Ltd. has made its platform generally available today after closing on a $14 million seed funding round. The round was led by Alpha Wave and included participation from Hetz Ventures and Grove Ventures. Deepchecks was co-founded by Chief Executive Philip Tannor (pictured, right) and Chief Technology Officer Shir Chorev ...
Report: AWS considers diversifying its AI server offerings with AMD’s new chips
Public cloud infrastructure giant Amazon Web Services Inc. may become the first major customer to adopt new artificial intelligence chips made by Advanced Micro Devices Inc., according to a report from Reuters. However, the company has decided not to buy entire systems from AMD’s rival, Nvidia Corp. AWS, the world’s largest cloud computing company, is ...
Google debuts AI-powered ad placement tools
Alphabet Inc.’s Google said today it’s enhancing its online advertising placement capabilities with the launch of two new artificial intelligence-powered tools that are designed to find the best ad placements for brands automatically across its range of websites and services. AI has become one of the hottest trends in the technology industry this year thanks to ...
OctoML debuts self-optimizing compute service for generative AI applications
Artificial intelligence optimization startup OctoML Inc. is shifting gears today with the launch of what it says is the industry’s first self-optimizing compute service for AI models. The new service is called OctoAI, which the company explained is a new foundational infrastructure for developers looking to build and scale AI applications with the model of ...
AMD launches new Instinct MI300X AI chip to take on Nvidia’s GPUs
Chipmaker Advanced Micro Devices Inc. is taking on Nvidia Corp. with the launch of a new artificial intelligence accelerator chip, announced at its Data Center & AI Technology Premiere event today. During a keynote speech, AMD Chair and Chief Executive Lisa Su (pictured) announced the company’s new Instinct MI300X accelerator, which is targeted specifically at ...
Databricks hits $1B revenue milestone as it doubles down on AI with Rubicon acquisition
Big-data analytics firm Databricks Inc. revealed today that it surpassed the $1 billion revenue milestone during its most recent fiscal year, at a time when it’s diversifying its business into new areas such as artificial intelligence. And that diversification continued apace today, as the company announced it’s acquiring an AI storage startup called Rubicon Inc. ...