Mike Wheatley
Latest from Mike Wheatley
Exowatt has a rock-solid plan to provide cheap, abundant energy for AI data centers
Exowatt Inc., a solar-thermal energy startup backed by OpenAI Group PBC Chief Executive Sam Altman and other high-profile investors, wants to solve the artificial intelligence energy crisis with millions of hot rocks. To do that, it has raised millions of dollars – $50 million in fact, led by MVP Ventures and 8090 Industries. Today’s round ...
Google DeepMind’s SIMA 2 agent learns to think and act inside virtual worlds
Google LLC’s artificial intelligence research lab DeepMind has introduced a new, video game-playing agent called SIMA 2 that can navigate through 3D virtual worlds it has never encountered before and solve all kinds of problems. It’s a key step toward the creation of general-purpose agents that will ultimately power real-world robots, the research outfit said. Announced ...
Applied Materials beats forecasts and predicts higher AI chip demand in 2026, but stock falls anyway
Semiconductor industry giant Applied Materials Inc. beat expectations for its latest financial results and forecast higher sales in the coming year thanks to artificial intelligence demand, but its stock moved lower in late trading. The company reported fiscal fourth-quarter earnings before certain costs such as stock compensation of $2.17 per share, easily clearing Wall Street’s target ...
Alembic Technologies raises $145M and buys an Nvidia-powered supercomputer to accelerate ‘causal AI’
Causal artificial intelligence startup Alembic Technologies Inc. said today it has raised $145 million in a Series B growth round that increases its valuation almost 16-fold. It’s using a big chunk of those funds to invest in what it says is one of the fastest privately owned supercomputers ever built – a new Nvidia Corp. ...
Microsoft brings Atlanta-based AI ‘super factory’ online
Microsoft Corp. said today it’s bringing online its first artificial intelligence “super factory” with the grand opening of its newest multibillion-dollar data center facility in Atlanta. The company said it’s going to link the massive new server farm with existing data center infrastructure elsewhere in the country to ensure it can provide the immense computing ...
OpenAI’s GPT-5.1 model gets a personality makeover and superior reasoning skills
OpenAI Group PBC has announced the first major upgrade to its flagship GPT‑5 large language model, following mixed reviews when it launched in August. The update is intended to make ChatGPT “smarter and more enjoyable” to converse with, the company said today. The release introduces two variants called GPT-5.1 Instant and GPT-5.1 Thinking. The former, which ...
Cisco’s focus on AI infrastructure pays off with strong earnings and revenue beat
Networking giant Cisco Systems Inc. delivered better-than-expected profit and revenue in its fiscal first-quarter earnings results today and offered solid guidance for the current period, demonstrating progress in its efforts to capture more artificial intelligence spending. The encouraging results helped boost Cisco’s stock by more than 7% after-hours, adding to a gain of just over ...
Google Photos adds support for Nano Banana-powered AI editing features
Google LLC today announced one of the biggest updates to the Google Photos application in years, adding a half-dozen new features — many of them powered by its new image and video generation model, Nano Banana. The updates were announced in a blog post by Google Photos Senior Director of Product Management Yael Marzan, who explained ...
SoftBank offloads $5.8B stake in Nvidia to free up cash for OpenAI investment
SoftBank Group Corp. has sold its entire remaining stake in Nvidia Corp. in order to raise funds for its promised $22.5 billion investment in ChatGPT maker OpenAI Group PBC. The Japanese company said in its latest financial earnings report today that it sold all 32.1 million shares it held in Nvidia last month, raising $5.83 ...
AMD snaps up MK1 to accelerate inference and reasoning on Instinct GPUs
Chipmaker Advanced Micro Devices Inc. has added to a string of recent acquisitions, buying a startup called MK1 that develops software to enhance the inference and reasoning capabilities of its artificial intelligence processors. The acquisition was announced today in a blog post by Anush Elangovan, AMD’s corporate vice president of software development, who said MK1’s software ...