Mike Wheatley – SiliconANGLE

Samsung Foundry confirms first two-nanometer chips to arrive in 2025

Mike Wheatley — Wed, 28 Jun 2023 00:07:59 +0000

Semiconductor giant Samsung Electronics Co. Ltd. said today it’s planning to begin manufacturing its first two-nanometer computer chips for smartphones and other mobile devices by 2025. The company’s Samsung Foundry business unit, which accounts for the bulk of its revenue, unveiled its chipmaking roadmap at a forum today in San Jose, California, saying its two-nanometer […]

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AWS launches AppFabric, a generative AI tool that helps tame SaaS application sprawl

Mike Wheatley — Tue, 27 Jun 2023 17:05:01 +0000

Amazon Web Services Inc. today announced a new, no-code service called AWS AppFabric that’s designed to tame the complexity of software-as-a-service application sprawl. With AWS AppFabric, companies can connect multiple SaaS applications into a single console to improve security, management and productivity. It was announced today at AWS Applications Innovation Day. It helps integrate multiple SaaS apps, […]

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Cloudera expands Apache Iceberg support to private clouds

Mike Wheatley — Tue, 27 Jun 2023 13:00:12 +0000

Data warehouse software provider Cloudera Inc. is expanding support for Apache Iceberg, making it available in the self-hosted, private cloud version of its flagship Cloudera Data Platform. Today’s move brings CDP-Private Cloud into line with Cloudera’s CDP-Public Cloud offering, which added support for Apache Iceberg last year. Apache Iceberg for CDP-Private Cloud is available now […]

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Virtuozzo’s new hybrid cloud offering helps MSPs sell services at lower cost

Mike Wheatley — Tue, 27 Jun 2023 12:00:00 +0000

Hyperconverged infrastructure software firm Virtuozzo International GmbH announced the general availability of Virtuozzo Hybrid Cloud today, enabling managed service providers to offer cloud computing services at higher margins. Virtuozzo is the creator of a portable, flexible and elastic hyperconverged infrastructure software that merges system containers, a hypervisor and software-defined storage resources into a single, efficient […]

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CalypsoAI raises $23M to stop employees sharing sensitive data with generative AI chatbots

Mike Wheatley — Tue, 27 Jun 2023 11:30:53 +0000

Calypso AI Corp. said today it has raised $23 million in an early-stage financing as it looks to carve out a niche for itself providing security for companies using generative artificial intelligence models such as ChatGPT. Today’s Series A-1 round was led by Paladin Capital Group and included participation from existing investor Lockheed Martin Ventures, […]

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NoTraffic closes on $50M funding round to accelerate smart traffic management

Mike Wheatley — Tue, 27 Jun 2023 11:00:26 +0000

Traffic management software startup NoTraffic Ltd. said today it has closed on a $50 million round of funding, bringing its total amount raised to date to $75.7 million. The Series B round was led by M&G Investments and joined by new investors VNV Global and UMC Capital, plus existing investors Grove Ventures, Vektor Partners, Next […]

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Faros AI raises $20M to make software engineering teams smarter

Mike Wheatley — Tue, 27 Jun 2023 10:00:17 +0000

Software engineering-focused artificial intelligence startup Faros AI Inc. said today it has closed on a $20 million early-stage funding round, bringing its total amount raised to $36 million. The Series A investment was led by David Hornik of Lobby Capital and saw participation from existing investors SignalFire, Salesforce Ventures and Operator Collective. Faros AI is […]

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Space and Time uses generative AI to enable data analytics in natural language

Mike Wheatley — Tue, 27 Jun 2023 04:01:06 +0000

The decentralized data warehouse startup Space and Time Labs Inc. said today it has integrated with OpenAI LP’s chatbot technology to enable developers, analysts and data engineers to query their information and create dashboards using natural language prompts. Space and Time is the creator of a decentralized and hybrid data warehouse that enables transactional queries […]

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Finout’s new tool helps companies to optimize AWS cloud costs

Mike Wheatley — Mon, 26 Jun 2023 13:00:22 +0000

Financial operations software startup Finout Ltd. today announced the availability of a new tool to help companies understand and optimize their cloud computing costs. The artificial intelligence-powered Finout Cost Optimizer is designed to help companies reduce their Amazon Web Services bills, and the company claims it can do so by as much as 60% in […]

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Amazon commits to invest $26B in India through 2030

Mike Wheatley — Sun, 25 Jun 2023 23:42:41 +0000

Amazon.com Inc. has committed to invest an additional $6.5 billion in India by 2030, bringing its total spending plans in that country to almost $26 billion. The latest investment was announced late Friday after Amazon Chief Executive Andy Jassy (pictured) met with India Prime Minister Narendra Modi in the U.S. Jassy didn’t offer any breakdown […]

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Botco.ai launches GenAI Chat Cloud with enterprise-grade privacy and security

Mike Wheatley — Fri, 23 Jun 2023 13:00:54 +0000

Startup Botco.ai Inc. is making its debut in the increasingly crowded generative artificial intelligence market today with the launch of its GenAI Chat Cloud platform. It’s designed to enable enterprises to put generative AI to use in various aspects of their business, from customer service to marketing and beyond. The Botco.ai GenAI Chat Cloud is a […]

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MongoDB Atlas evolves to support generative AI application development

Mike Wheatley — Thu, 22 Jun 2023 15:00:46 +0000

MongoDB said today it’s beefing up its cloud database MongoDB Atlas with a series of new products and features that it says will make it easier for developers to build modern applications. They include new generative artificial intelligence capabilities for MongoDB’s Vector Search feature, enabling the retrieval and personalization of highly relevant information, Search Nodes […]

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Accenture to collaborate with AWS, Microsoft and Google on generative AI technologies

Mike Wheatley — Thu, 22 Jun 2023 01:26:12 +0000

Global technology consulting giant Accenture Plc said in a series of announcements today that it’s expanding its strategic partnerships with the three biggest cloud computing providers to help enterprise customers take advantage of the latest developments in artificial intelligence. The expanded partnerships build on Accenture’s plan to invest $3 billion into its Data & AI […]

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Intel bags $4.3B by selling 20% stake in chip manufacturing technology supplier IMS

Mike Wheatley — Thu, 22 Jun 2023 00:51:00 +0000

Intel Corp. said today it has agreed to sell a 20% stake in IMS Nanofabrication GmbH, a key supplier of chip manufacturing equipment, to the private equity firm Bain Capital. The chipmaking giant bought the Austrian company for an undisclosed price in 2015, having first invested in it back in 2009. Since the close of […]

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Google slams Microsoft for locking customers into Azure cloud platform

Mike Wheatley — Wed, 21 Jun 2023 23:57:35 +0000

Google LLC has accused its longtime cloud rival Microsoft Corp. of engaging in anticompetitive behavior in an official complaint to the U.S. Federal Trade Commission. The internet giant said in a letter to the FTC today that Microsoft employs software licensing restrictions that effectively force customers to use its Azure cloud computing services in order […]

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Fero Labs, which uses AI to reduce carbon emissions in manufacturing, raises $15M

Mike Wheatley — Wed, 21 Jun 2023 13:30:11 +0000

Artificial intelligence-powered manufacturing process optimization startup Fero Labs Inc. today closed on a $15 million growth funding round. Climate Investment led the round, with participation from Blackhorn Ventures, Innovation Endeavors and DI Technology, bringing Fero Labs’ total amount raised to $30 million. Fero Labs is the creator of a “white-box” AI platform that helps engineers […]

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Continuous software delivery startup Harness deploys generative AI assistant to ease developer headaches

Mike Wheatley — Wed, 21 Jun 2023 13:00:49 +0000

Continuous software delivery startup Harness Inc. said today it’s now able to harness the potential of generative artificial intelligence to help users automate many key aspects of software development. The company says its AI Development Assistant will be integrated across all of its workflows and capabilities, including continuous integration, continuous deployment, cloud cost management and […]

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DevOps platform-as-a-service startup Render raises $50M

Mike Wheatley — Tue, 20 Jun 2023 23:46:38 +0000

DevOps cloud platform startup Render Services Inc. said today it has closed on a $50 million funding round, bringing its total amount raised to date to $76.8 million. Today’s Series B round was led by Bessemer Venture Partners and included participation from existing backers such as Addition, General Catalyst and the South Park Commons Fund. […]

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HPE debuts GreenLake for LLMs, an advanced cloud for generative AI workloads

Mike Wheatley — Tue, 20 Jun 2023 18:00:56 +0000

Hewlett Packard Enterprise Co. is expanding its flagship HPE GreenLake portfolio to provide access to large language models that power generative artificial intelligence. Enterprise will now be able to access LLMs on-demand via a multitenant supercomputing cloud service in order to train, fine-tune and deploy AI models via a sustainable supercomputing platform, HPE said. HPE […]

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HPE expands GreenLake with new cloud services, SaaS offerings and private cloud options

Mike Wheatley — Tue, 20 Jun 2023 17:00:08 +0000

Hewlett Packard Enterprise Co. said today it’s massively expanding the capabilities of its HPE Greenlake edge-to-cloud platform, integrating software from OpsRamp Inc., the infrastructure monitoring startup it acquired earlier this year. It’s also adding new software-as-a-service offerings for backup and machine learning, expanding the HPE Greenlake private cloud portfolio, and extending its partnerships with Amazon […]

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Qualcomm demonstrates cutting-edge generative AI applications running at the edge

Mike Wheatley — Tue, 20 Jun 2023 15:00:50 +0000

Smartphone chip maker Qualcomm Inc. took to the stage at the annual IEEE/CVF Conference on Computer Vision and Pattern Recognition today to announce its latest advancements in running generative artificial intelligence at the edge. The company showcased various new generative AI applications, including a new image generation model, a large language model-based fitness coach and a […]

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Intel to invest $25B in Israeli chip manufacturing plants

Mike Wheatley — Sun, 18 Jun 2023 23:52:55 +0000

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, […]

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Strong earnings results and AI buzz send Adobe’s stock higher

Mike Wheatley — Thu, 15 Jun 2023 23:45:37 +0000

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 […]

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Blackbird.AI raises $20M to help brands combat disinformation and false narratives

Mike Wheatley — Thu, 15 Jun 2023 13:00:33 +0000

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 […]

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Dremio leverages generative AI for data discovery with Text-to-SQL and more new features

Mike Wheatley — Thu, 15 Jun 2023 12:00:41 +0000

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 […]

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Deepchecks raises $14M to validate machine learning models continuously

Mike Wheatley — Thu, 15 Jun 2023 07:00:09 +0000

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 […]

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Report: AWS considers diversifying its AI server offerings with AMD’s new chips

Mike Wheatley — Thu, 15 Jun 2023 00:24:25 +0000

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 […]

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Google debuts AI-powered ad placement tools

Mike Wheatley — Wed, 14 Jun 2023 23:50:00 +0000

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 […]

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OctoML debuts self-optimizing compute service for generative AI applications

Mike Wheatley — Wed, 14 Jun 2023 13:00:17 +0000

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 […]

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AMD launches new Instinct MI300X AI chip to take on Nvidia’s GPUs

Mike Wheatley — Wed, 14 Jun 2023 01:46:32 +0000

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 […]

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