Mike Wheatley
Latest from Mike Wheatley
Software supply chain company JFrog Ltd.’s stock traded lower after-hours today despite beating Wall Street’s expectations in earnings and revenue. Although investors were pleased enough with the earnings beat, its customer acquisition rate was slower than anticipated and its guidance for the …
DatologyAI raises $46M to streamline AI model training data diets
Artificial intelligence data curation startup DatologyAI said today it has closed on a $46 million early-stage round of funding, which comes just three months after it first announced it had raised $11.65 million in seed funding. The company said today’s Series A …
OpenAI’s evolving Model Spec aims to guide the behavior of AI models
OpenAI has emerged as one of the most recognizable pioneers in the generative artificial intelligence industry thanks to the impressive capabilities of large language models such as GPT-4. Now, it’s aiming to take a lead in AI transparency with the release of …
Arm’s annual guidance fails to impress, stoking fears that some AI stocks may be overpriced
Shares of the U.K.-based computer chip designer Arm Holdings Plc were tracking lower in after-hours trading today after the company posted quarterly results that edged past Wall Street’s estimates, only to disappoint with somewhat conservative guidance for the coming financial year. The …
Token Security raises $7M to change the focus of identity management to machines
Machine identity startup Token Security is pushing to transform how companies approach their identity management strategies after closing on a $7 million seed funding round today. Today’s round was led by TLV Partners and saw participation from SNR and a number of …
Investors show confidence in Confluent, as its stock gains on solid earnings beat and bullish guidance
Shares of the data streaming software provider Confluent Inc. gained more than 4% in extended trading today after the company reported a strong first-quarter earnings and revenue beat. The company delivered earnings before certain costs such as stock compensation of five cents per …
Kyndryl says return to profitability is ahead of schedule as it delivers strong earnings results
Information technology infrastructure services company Kyndryl Holdings Inc. said today it has traveled further than anticipated on its road to profitability, and it has the numbers to back up those claims. In its fiscal 2024 fourth-quarter results, it surpassed analysts’ expectations on …
Arista tops forecasts, highlighting role of high-speed networking for AI applications
Shares of the cloud networking company Arista Networks Inc. trended higher in late trading today, after it reported a trifecta of positive news: beating expectations on Wall Street’s earnings and revenue targets, delivering a better-than-expected outlook and announcing another big share buyback program. …
ServiceNow enhances Now Assist generative AI agents with ‘bring your own model’ experience
ServiceNow Inc. is determined to maintain its position at the forefront of generative artificial intelligence innovation, announcing yet more capabilities today that it says will drive enterprise-wide productivity. Among the innovations announced at its user conference Knowledge 2024 today is a new …
Red Hat taps into tech industry ecosystem to accelerate AI development
Enterprise software company Red Hat Inc. has long been seen as a champion of the open-source movement, and its collaborative spirit is now being extended to generative artificial intelligence. At its annual user conference Red Hat Summit today, the company revealed how …