Mike Wheatley
Latest from Mike Wheatley
A startup called Empromptu Inc. is looking to deliver where all other artificial intelligence-based application building tools have failed. It’s launching what it says is the first platform of its kind to deliver complete, business-ready AI applications that can be relied upon …
Monte Carlo debuts a universal observability tool for AI inputs and outputs
Big-data observability startup Monte Carlo Data Inc. is lending its expertise to artificial intelligence with the launch of a new Agent Observability offering that ensures visibility across the full spectrum of data and AI. The company said the new tool will make …
Motion lands $38M in funding to expand its agentic AI suite for smaller businesses
Agentic artificial intelligence startup Motion, officially known as Nexusbird Inc., said today it has closed on a $38 million Series C round of funding that brings its total amount raised to date to $75 million and its valuation to $550 million. Today’s …
Intel reshuffles its executive leadership team as its former co-CEO departs
Intel Corp. Chief Executive Lip-Bu Tan has made sweeping changes to his executive leadership team, waving goodbye to former interim co-CEO Michelle Johnston Holthaus and announcing a series of new appointments. The changes come as Tan intensifies his efforts to transform the …
Chipmaker Ambiq Micro’s stock tanks on disappointing post-IPO results
Artificial intelligence chipmaker Ambiq Micro Inc. today delivered its first quarterly earnings report since going public in July, but investors were unimpressed with its results and voted with their feet, sending its stock lower after-hours. The company reported a second-quarter loss before …
UiPath tops expectations and swings to a profit on solid AI momentum
UiPath Inc. raised its full-year revenue outlook after cruising past Wall Street’s expectations and swinging to a profit in its latest quarterly results, powered by momentum in its artificial intelligence products. The automation software provider reported second-quarter earnings before certain costs such …
Broadcom’s stock surges to all-time high after $10B in new AI chip orders
Broadcom Inc. beat expectations again for its latest financial results, driven by insatiable customer demand for artificial intelligence chips. The chipmaker also revealed it had secured $10 billion in new orders for custom chips from a new client, sending its stock higher …
Agentic AI identity verification startup Vouched gets $17M to build trust in autonomous agents
An identity verification startup called Vouched Identity Inc. is turning its attention away from humans to focus on artificial intelligence agents after raising $17 million in a Series A round of funding today from Spring Rock Ventures. The startup has made a …
C3.ai’s stock crumbles on ‘unacceptable’ results, but new CEO promises to turn things around
Artificial intelligence software company C3 AI Inc.’s stock was battered and bruised in extended trading, down more than 10% after it delivered disappointing financial results and a weak outlook. That happened despite the company’s best efforts to generate optimism over the appointment …
HPE’s stock inches higher on strong AI server sales and networking boost
Hewlett Packard Enterprise Co. beat Wall Street’s expectations as it delivered its third-quarter financial results today, and its stock moved slightly higher even though its revenue guidance for the current quarter came up short. The computer server and networking firm reported earnings …