Mike Wheatley
Latest from Mike Wheatley
Box AI integrates with Microsoft’s Azure OpenAI Service as it becomes generally available
Cloud content management company Box Inc. is adding yet more artificial intelligence capabilities to its platform, integrating its Box AI offering Microsoft Corp.’s Azure OpenAI Service. Announced today, the integration will enable OpenAI’s most advanced large language models to tap into the vast amounts of data that organizations store within Box Content Cloud. The announcement builds ...
HPE optimizes GreenLake for File Storage to support more scalable AI workloads
Hewlett Packard Enterprise Co. said today it’s expanding the capabilities of HPE GreenLake for File Storage with the launch of new, high-density all-flash storage options designed to support data lakes and manage artificial intelligence workloads. The company is making some big claims about the improved performance of its updated offering, saying it’s delivering four times ...
Multiverse Computing raises €25M to deliver more efficient LLMs using quantum-inspired algorithms
Quantum computing software startup Multiverse Computing S.L. said today it has raised €25M (USD $27.1 million) in a new early-stage funding round. The funds from the oversubscribed Series A round will enable it use emerging quantum computers to try and tackle some of the world’s biggest challenges around artificial intelligence and environmental change. Today’s round ...
OpenAI’s ChatGPT gets a voice with new Read Aloud feature
OpenAI has responded to its rivals’ attempts to surpass ChatGPT as the king of the large language models, rolling out a small but potentially useful update called Read Aloud. As the name suggests, Read Aloud allows ChatGPT to read out its responses in the user’s language, with users given a choice of five different voices. ...
GitLab issues soft guidance and its stock tanks after-hours
GitLab Inc. delivered strong fourth-quarter results today that easily topped analysts’ estimates, but its stock plunged in extended trading after the company offered soft guidance for the current quarter and full year. The company reported a net loss of $37.6 million, down slightly from the $42.1 million loss it posted in the same period one ...
Couchbase’s database gets support for vector search and retrieval-augmented generation
Cloud database-as-a-service provider Couchbase Inc. today added some powerful new capabilities to its platform that should enhance its ability to support more advanced generative artificial intelligence workloads. The company said its database is getting support for vector search and retrieval-augmented generation, as well as integration with LlamaIndex and LangChain. The new features will help to ...
Despite a strong earnings and revenue beat, Elastic’s stock plunges 14%
Enterprise search technology company Elastic N.V. must be wondering what it did wrong today, since despite delivering a strong earnings and revenue beat and guidance in-line with analysts’ expectations, its stock plunged in extended trading. The company reported fiscal third-quarter earnings before certain costs such as stock compensation of 36 cents per share, ahead of the ...
HPE’s stock drops on big revenue decline, while NetApp heads upward
It was a day of contrasting fortunes for information technology infrastructure leaders Hewlett-Packard Enterprise Co. and NetApp Inc. as they reported their latest financial results today. While the former missed expectations on revenue amid a steep decline, the latter company reported increased sales that came in ahead of estimates. HPE’s stock was consequently trading lower, while ...
Pure Storage’s shift to AI and cloud subscriptions pays off with strong earnings beat
Storage industry pioneer Pure Storage Inc. delivered strong financial results today, with earnings and revenue both coming in ahead of Wall Street’s targets. Moreover, bolstered by an optimistic outlook, Pure Storage’s stock rose more than 8% in extended trading. The company reported fourth-quarter earnings before certain costs such as stock compensation of 50 cents per ...
Nutanix comfortably beats forecasts despite uncertain macroeconomic backdrop
Storage infrastructure giant Nutanix Inc. reported solid second-quarter financial results today, and its stock was trading higher in after-hours trading as its revenue forecast for fiscal 2024 topped Wall Street’s expectations. The company reported an encouraging second-quarter profit of $32.8 million, improving on the loss of $70.8 million it delivered in the same period one ...