Mike Wheatley - CybAI news

27 Sep

Harmonic raises $75M to create AI with mathematical superintelligence and eliminate hallucinations – SiliconANGLE

stp2y0 CommentsChat-GPTHarmonic raises $75M to create AI with mathematical superintelligence and eliminate hallucinations, Mike Wheatley, SiliconANGLE

Harmonic, an artificial intelligence startup that’s pursuing the goal of mathematical superintelligence, or MSI, said today it has closed on a $75 million early-stage funding round. Today’s Series A round was led by Sequoia Capital and saw participation from Index Ventures, Jasper Lau’s Era Funds, GreatPoint Ventures, DTS Global Partners, Palo Alto Networks Inc. Chief Executive Nikesh Arora and actor Jared Leto, bringing the company’s valuation to $325 million. The startup says its main goal is to achieve MSI by building the first AI system with mathematical capabilities that are superior to humans, as a way of overcoming traditional limitations…

27 Sep

Couchbase’s stock crumbles on anticipation of significant growth slowdown – SiliconANGLE

stp2y0 CommentsGenAICouchbase's stock crumbles on anticipation of significant growth slowdown, Mike Wheatley, SiliconANGLE

Database company Couchbase Inc. delivered second-quarter results that came out just ahead of Wall Street’s estimates today, but its stock took a turn for the worse in extended trading, with investors apparently concerned by a slowdown in its growth rate. The company reported a loss before certain costs such as stock compensation of six cents per share in the quarter, slightly better than the eight-cent loss expected by Wall Street. Revenue for the period rose 19.6% to $51.6 million, above the consensus estimate of $51 million. However, it failed to make much inroads in terms of profitability, reporting a net…

27 Sep

Google unveils new generative AI innovations for customer engagement and Gemini in Workspace – SiliconANGLE

stp2y0 CommentsChat-GPTGoogle unveils new generative AI innovations for customer engagement and Gemini in Workspace, Mike Wheatley, SiliconANGLE

Google Cloud said today it’s expanding its leadership in the world of artificial intelligence agents with a new set of generative AI models that are specifically targeted at customer engagement applications, integrated within its Contact Center AI services. The new Customer Engagement Suite, announced at Google’s virtual Gemini at Work online event, is powered by Google’s most advanced family generative AI models, Gemini. The Gemini models are also being integrated with the Google Workspace platform, the company announced today. With the announcement, it’s aiming to help employees at companies of all sizes work more productively. In addition, Google also used the…

27 Sep

Oracle buries the hatchet with AWS, bringing its database to the world’s top cloud platform – SiliconANGLE

stp2y0 CommentsGenAIbringing its database to the world's top cloud platform, Mike Wheatley, Oracle buries the hatchet with AWS, SiliconANGLE

Oracle Corp. dropped a bombshell today with the news that it has put aside its longstanding differences with Amazon Web Services Inc., forming a “strategic partnership” with its former enemy to bring its Autonomous Database offering to the world’s biggest cloud infrastructure platform. The announcement ahead of Oracle Cloud World this week in Las Vegas came as the database giant also revealed its database services are now generally available on the world’s second- and third-biggest clouds – Microsoft Azure and Google Cloud. With the launch of Oracle Database@AWS, customers will be able to access the Oracle Autonomous Database and the Oracle Exadata Database…

27 Sep

Contact center-as-a-service startup Ujet raises $76M to accelerate generative AI development – SiliconANGLE

stp2y0 CommentsChat-GPTContact center-as-a-service startup Ujet raises $76M to accelerate generative AI development, Mike Wheatley, SiliconANGLE

The cloud contact center company Ujet Inc. said today it has closed on a $76 million late-stage round of funding, earmarking the money to accelerate its deployment of generative artificial intelligence to enhance customer support experiences. Today’s Series D round was led by existing investor Sapphire Ventures and saw participation from KeyCorp and IonPacific, which are both backing the company for the first time. Other existing investors, including GV, Kleiner Perkins, Citi Ventures, DCM and Ericsson Ventures, were involved in the round too. Ujet sells a contact center platform that helps to handle the logistics of providing customer support services…

27 Sep

Financial risk management startup Datricks raises $15M to help enterprises identify fraud – SiliconANGLE

stp2y0 CommentsGenAIFinancial risk management startup Datricks raises $15M to help enterprises identify fraud, Mike Wheatley, SiliconANGLE

A startup called Data.R.X LTD, which likes to be known as Datricks, has closed on a $15 million Series A funding round after developing a platform that uses artificial intelligence to try and uncover financial fraud at enterprises and other organizations. Today’s round was led by Team8 and saw participation from SAP SE’s venture capital arm, along with existing investors Jerusalem Venture Partners. It comes shortly after the launch of Datricks for Risk Mining as an SAP Endorsed App. Datricks has created what it likes to call a “financial integrity” tool that uses AI algorithms to analyze and map organization’s…

27 Sep

Salesforce buys Israeli startup Zoomin to feed more data to its AI agents – SiliconANGLE

stp2y0 CommentsChat-GPTMike Wheatley, Salesforce buys Israeli startup Zoomin to feed more data to its AI agents, SiliconANGLE

Salesforce Inc. has returned to Israel to make a second major acquisition, splashing out to acquire a company called Zoomin Software Ltd. that offers tools for processing unstructured data. The deal comes less than three weeks after Salesforce splurged $1.9 billion to acquire the Israeli cloud data backup specialist Own Co. It’s paying a lot less to buy Zoomin, with today’s deal valued at about $450 million. Zoomin has previously raised about $70 million in venture capital to date, with its chief backers including Bessemer Venture Partners, General Atlantic, Viola Growth and Salesforce itself, via its Salesforce Ventures arm. As…

27 Sep

Confluent enhances support for Apache Flink, easing access to real-time data streams – SiliconANGLE

stp2y0 CommentsGenAIConfluent enhances support for Apache Flink, easing access to real-time data streams, Mike Wheatley, SiliconANGLE

The data streaming company Confluent Inc. today introduced the latest version of flagship platform Confluent Cloud, with the headlines features aimed at simplifying and securing deployments of the Apache Flink data processing tool. New features include support for Table API, which makes Apache Flink easier to use for developers who working with the Java and Python programming languages. It’s also adding an extension for Visual Studio Code to support real-time development use cases, plus a private networking capability and client-side field-level encryption to safeguard sensitive data. Confluent Cloud is a managed data streaming platform that’s used by enterprises to help…

27 Sep

Open AI CTO Mira Murati quits, the latest in a continuing string of executive departures – SiliconANGLE

stp2y0 CommentsChat-GPTMike Wheatley, Open AI CTO Mira Murati quits, SiliconANGLE, the latest in a continuing string of executive departures

OpenAI’s high-profile Chief Technology Officer Mira Murati, who has been one of the central figures in the development of ChatGPT and the image generator model DALL-E, said today she’s leaving the artificial intelligence company to do her own “exploration.” “My six-and-a-half years with the OpenAI team have been an extraordinary privilege,” Murati (pictured) said in a post on X announcing her decision. “There’s never an ideal time to step away from a place one cherishes, yet this moment feels right.” Murati’s decision to move onto new pastures comes as the AI company reportedly takes significant steps to revamp itself and…

27 Sep

YugabyteDB evolves into a distributed PostgreSQL database for apps that need resilience and scale – SiliconANGLE

stp2y0 CommentsGenAIMike Wheatley, SiliconANGLE, YugabyteDB evolves into a distributed PostgreSQL database for apps that need resilience and scale

High-performance database startup Yugabyte Inc. is updating its namesake platform YugabyteDB, targeting developers who prefer to run their applications on the open-source PostgreSQL database. With today’s update, YugabyteDB is transforming itself from a platform that’s simply Postgres-compatible to become a distributed PostgreSQL database itself. To coincide with that move, it also announced an artificial intelligence-powered tool called the Voyager Modernization Co-Pilot that promises to help developers easily migrate critical data from PostgreSQL systems into Yugabyte DB. Although not as popular as PostgreSQL databases, YugabyteDB has carved out a reputation for itself as a specialized, high-performance distributed structured query language database…