Mike Wheatley
Latest from Mike Wheatley
Investors bailed on the big-data management company Informatica LLC today after it posted mixed financial results and offered guidance for the current quarter that came up short of expectations. The company delivered first-quarter earnings before certain costs such as stock compensation of …
Arm tops $1B quarterly sales milestone, but its stock falls on soft guidance
Shares of the U.K.-based chip designer Arm Holdings Plc were heading south in late trading today after it offered a forecast for the current quarter that came in below analysts’ expectations. The lower guidance followed some strong numbers from the company’s fourth-quarter …
Neo4j goes serverless, bringing graph analytics to any data source
Neo4j Inc. today announced a new serverless offering that dramatically simplifies the deployment of its graph database offering, making it easier to use with artificial intelligence applications. Most critically, it works with any data source, and there’s no need to fiddle around …
Arista Networks beats expectations in its latest results, but stock moves lower
Updated with corrected guidance and related changes (details below): Networking company Arista Networks Inc. delivered strong earning results today, but its stock fell after it warned that both its gross margin and operating margin are set to decline on a sequential basis. …
RelevanceAI and Stack AI get millions in funding to bring AI agents into the workforce
Agentic artificial intelligence is still in vogue for Silicon Valley’s venture capitalists, with Relevance AI and Stack AI joining the latest hot startups to attract millions of dollars in funding. The two companies are among a host of startups looking to help …
Chipmakers AMD, GlobalFoundries and Cirrus Logic post solid earnings and guidance, easing tariff fears
A trio of U.S. chipmakers expressed confidence about their ability to navigate the challenges caused by President Donald Trump’s tariffs, offering forecasts that came in above expectations after delivering impressive results in their most recent financial quarters. Shares of Advanced Micro Devices …
OpenSearch revs up AI workloads with GPU-accelerated vector search
The popular open-source OpenSearch software that’s used by enterprises for data analytics and enhancing artificial intelligence workloads is getting a major update. The OpenSearch Software Foundation, a vendor-neutral organization that’s responsible for the development of the software, has just announced the launch …
Lightricks shakes up AI video creation with powerful open-source model
Lightricks Ltd. is throwing down the gauntlet to artificial intelligence powerhouses OpenAI, Google LLC and others with the release of its latest open-source video generation model, LTX Video-13B. The new version is said to be a significant upgrade to Lightricks’ original LTXV …
Cisco debuts prototype quantum networking chip to accelerate future – and existing – applications
Cisco Systems Inc. is future-proofing itself for the day when quantum computing finally becomes a reality, announcing a prototype networking chip that leverages quantum mechanics to scale up the next generation of computer systems. The prototype was unveiled as the company opened …
App monitoring startup AppSignal targets US after raising $22M and hiring a new CEO
Application monitoring startup AppSignal B.V. said today it’s looking to expand its market presence beyond Europe after closing on a $22 million early-stage funding and hiring a new chief executive. The Series A round was led by Elsewhere Partners and saw the …