Mike Wheatley
Latest from Mike Wheatley
Salesforce Inc. delivered stronger-than-expected financial results today, but the software vendor came up short when it issued its current quarter and full-year revenue forecast, as the stock barely moved in the after-hours trading session. The company reported adjusted first-quarter earnings per share …
Snowflake’s stock surges after-hours on solid earnings beat and multibillion-dollar AWS cloud deal
Snowflake Inc.’s shares jumped in late trading today after it announced a $6 billion spending commitment on Amazon Web Services Inc.’s cloud infrastructure, including a deal to use the company’s custom artificial intelligence chips. The cloud data platform giant also reported stellar …
Tensormesh taps Nvidia, AMD and CoreWeave for funding to fix AI model memory problems
Tensormesh Inc. has hit upon a way to make artificial intelligence inference more efficient by eliminating the need for redundant computations, and its technology is so convincing that several of AI infrastructure giants are backing it with $20 million in funding. Today’s …
WisdomAI brings plug-and-play conversational AI analytics capabilities to SaaS applications
Not content with its push into autonomous artificial intelligence workers, WisdomAI Inc. is bringing its comprehensive analytics capabilities to third-party software-as-a-service platforms with today’s launch of Embedded Agentic Analytics. The new offering helps software companies to quickly integrate sophisticated conversational AI and …
RevEng.AI raises $15M to reverse-engineer software binaries and hunt down malicious threats
British software supply chain security startup RevEng.AI today said has raised $15 million in early-stage funding after developing technology similar to Anthropic PBC’s Mythos model and working out a way to put it to good use. The startup, officially known as Binary …
Micron and SK hynix surpass $1T valuation milestone on surging AI memory demand
Memory chipmakers Micron Technology Inc. and SK hynix Inc. each saw their market values surge above $1 trillion for the first time today, driven by insatiable demand for their products from artificial intelligence firms. Micron’s stock jumped more than 19% today, as investors …
Box barely beats the Street’s expectations and nervous investors back away
Shares of the cloud content management firm Box Inc. headed lower in extended trading today after it barely scraped past Wall Street’s earnings and revenue targets in its first quarter. The company reported adjusted earnings of 37 cents per share, coming in just …
Exclusive: Canyon Code closes on $5M pre-seed round to bring visibility to agentic application workflows
Agentic artificial intelligence startup Canyon Code stepped out of the shadows today after closing on a $5 million pre-seed funding round. Its mission is to give enterprises the granular controls required to successfully manage and optimize a new generation of “multi-agent” intelligent …
China’s Huawei unveils new sanctions-busting chip architecture that replaces Moore’s Law
Chinese electronics giant Huawei Technologies Co. Ltd. today unveiled a new chip design framework that it says will help it to close the gap in the semiconductor industry with global leaders like Taiwan Semiconductor Manufacturing Co. and Nvidia Corp. The company also …
California to explore possible subsidies for companies that don’t replace workers with AI
California is trying to prepare itself for artificial intelligence job disruption ahead of time. Governor Gavin Newsom today ordered state officials to begin exploring a massive overhaul of its labor policies in an effort to stave off the prospect of mass unemployment …