Mike Wheatley
Latest from Mike Wheatley
AI startup Emergence AI raises a ton of cash to enhance office worker productivity
Emergence AI, a generative artificial intelligence startup that’s focused on enhancing the productivity of business employees, said today it has closed on a $97.2 million funding round led by Learn Capital. Adding to those funds, it has also secured lines of credit totaling more than $100 million, the startup said. For a company that says it’s ...
Klarity Intelligence raises $70M to automate the document review process
Document intelligence startup Klarity Intelligence Inc. said today it has raised $70 million in new round of funding led by Nat Friedman and Daniel Gross. Scale Venture Partners, Tola Capital, Picus Capital, Invus Capital and Y Combinator also participated. Today’s Series B round, which follows an $18 million investment in January 2022, brings the company’s total ...
Record labels file lawsuits against AI music generators Suno and Udio, alleging widespread copyright infringement
Three major record labels said today they have filed lawsuits against the generative artificial intelligence music startups Suno Inc. and Uncharted Labs Inc., better known as Udio. The two separate lawsuits against Suno and Udio allege that the AI companies have carried out “widespread infringement” of copyrighted sound recordings at an “almost unimaginable scale.” Leading ...
Oracle unveils generative AI-powered digital assistant for U.S. clinicians
Oracle Corp. is flexing its generative artificial intelligence muscles again with the launch of a new Clinical Digital Assistant for Ambulatory clinics in the U.S. Announced today, the new digital assistant is a mobile offering that integrates clinical intelligence, multimodal voice and screen-driven assistance with generative AI. The app is designed to provide clinicians with ...
Rivals Apple and Meta Platforms reportedly discussing generative AI partnership
In a bid not to be left behind in the race to integrate advanced generative artificial capabilities into its hardware, Apple Inc. is reportedly discussing a partnership with its longtime rival Meta Platforms Inc., the parent company of Facebook. The proposed partnership would see Apple integrate Meta’s Llama 3 large language model with the Apple ...
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 ...