Mike Wheatley
Latest from Mike Wheatley
AI startup Sierra’s new benchmark shows most LLMs fail at more complex tasks
Generative artificial intelligence startup Sierra Technologies Inc. is taking it upon itself to “advance the frontiers of conversational AI agents” with a new benchmark test that evaluates the performance of AI agents in real-world settings. Compared with previous benchmarks, Sierra’s 𝜏-bench goes further than simply assessing the conversational capabilities of AI chatbots, measuring their ability ...
AI chipmaker Cerebras Systems, a competitor to Nvidia, reportedly files for an IPO
Cerebras Systems Inc., the high-powered computer chip startup taking on Nvidia Corp. in the artificial intelligence industry, has reportedly filed confidential paperwork with U.S. securities regulators ahead of an initial public offering on the Nasdaq stock exchange. That’s according to The Information, which today cited an unnamed person involved in the decision as saying that ...
Report: Apple’s generative AI ambitions likely to be delayed in China
The rollout of new Apple Intelligence features coming to iPhones, iPads and Mac computers is likely to be delayed in China because of that country’s strict regulations on the use of artificial intelligence. Apple Inc. announced the upcoming launch of its generative AI features earlier this month at its annual Worldwide Developers Conference. The features ...
FinOps Foundation debuts unified billing model for cloud computing
The Linux Foundation’s FinOps Foundation initiative today launched version 1.0 of its open-source billing standard, called the FinOps Open Cost and Usage Specification. The hope is that the specification, FOCUS for short, will become the industry standard for cloud services providers, and make it easier for enterprises to manage, track and predict cloud spending. By creating a ...
Bessemer’s latest State of Cloud report predicts AI’s world domination
One of Silicon Valley’s most respected venture capital firms, Bessemer Venture Partners LLC, today released its latest annual State of the Cloud report and, perhaps not surprisingly, it’s focused for the first time almost exclusively on the impact of artificial intelligence in the cloud computing industry. The focus on AI underscores Bessemer’s extremely bullish stance on ...
GrayMatter Robotics raises $45M to automate tricky manufacturing operations
Manufacturing robotics startup GrayMatter Robotics Inc. is looking to kickstart a wave of factory automation after closing on a new $45 million funding round today. The Series B round was led by Wellington Management and saw participation from other new investors, including NGP Capital, Euclidean Capital, Advance Venture Partners and SQN Venture Partners, plus existing ...
French quantum computing startup C12 raises €18M to stabilize qubits with carbon nanotubes
Few people have heard of the French quantum computing startup C12 Quantum Electronics SAS, but that could change if its novel architecture for creating the qubits that power these next-generation computers lives up to its billing. A lot of people seem to think it will, for C12 today announced it has raised €18 million ($19.4 ...
Finbourne raises £55M to break down financial data silos with AI
U.K.-based financial data management startup Finbourne Technology Ltd. said today it has closed on a £55 million ($70 million) middle-stage funding round to help make life easier for investment managers and financial institutions by providing them with artificial intelligence-powered insights. Today’s Series B round was led by Highland Europe and AVP, and comes after the ...
Decagon raises $35M to transform customer service with more ‘humanlike’ AI agents
Generative artificial intelligence chatbot startup Decagon AI Inc. is aiming up upend the nascent AI-powered customer support industry after closing on a $35 million early-stage funding round. Announced today, the Series A round was led by Accel and saw participation from a16z and a host of prestigious names who joined as angel investors, including Box ...
Nvidia surpasses Microsoft to become the world’s most valuable company
Red-hot artificial intelligence chipmaker Nvidia Corp. has finally achieved what many thought was only a matter of time, surpassing Microsoft Corp. to become the most valuable publicly traded company in the world. The value of Nvidia’s stock gained more than 3.6% in trading today, pushing its market capitalization to $3.34 trillion. With that, it finally ...