Mike Wheatley
Latest from Mike Wheatley
Data quality automation startup Validio raises $30M
Stockholm-based startup Validio AB said today it has raised $30 million in funding to tackle one of the biggest problems holding back enterprises’ artificial intelligence projects: fixing the data foundation they’re built on. Today’s round was led by Plural and saw participation from existing investors Lakestar and J12, along with angel investors Kevin Ryan, Denise ...
Investors marvel at Marvell’s solid earnings and revenue beat on AI chip demand
Marvell Technology Inc.’s stock was flying high in late trading today after the chipmaker surpassed Wall Street’s expectations in its latest financial results and offered a promising short-term forecast. The company delivered fourth-quarter earnings before certain costs such as stock compensation of 80 cents per share, squeaking past the analyst consensus estimate of 79 cents. ...
Agentic business intelligence startup WisdomAI shifts from insights to action
The AI-native business intelligence company Wisdom AI Inc. says it’s moving from passive insights to autonomous enterprise execution with the launch of its new Federated Agentic Intelligence platform. The company says it’s using artificial intelligence agents to tackle the “last mile” problem inherent in almost every modern data stack: translating that data into decisions. Until ...
Agentic e-commerce startup ZyG gets $58M to help solo inventors compete with the biggest global brands
When it comes to product innovation, global brands have an enormous advantage over smaller companies thanks to their massive scale, extensive resources, marketing expertise and robust supply chains, so the little guy can barely compete. But that may change with the arrival of artificial intelligence agents. That’s precisely the mission of ZyG Edge Inc., an ...
Evervault raises $25M to scale its ‘secure-by-default’ approach to payment data encryption
Payment data encryption startup Evervault Inc. said today it’s aiming to become the internet’s “clearing house for sensitive data” after raising $25 million in a Series B round of funding. The round was led by Ribbit Capital and saw participation from Sequoia Capital and Index Ventures, bringing the company’s total amount raised to date to ...
Big tech companies sign Trump’s voluntary pledge to protect Americans from rising electricity costs
Executives from big technology giants including Google LLC, Microsoft Corp. and Amazon.com Inc. met at the White House today, where they made the solemn promise to bear the cost of new electricity generation to power their data centers. The companies signed a pledge alongside U.S. President Donal Trump (pictured) to try to mitigate concerns that ...
Broadcom’s AI chip business jumps 106% as it cruises to another solid earnings and revenue beat
Artificial intelligence chipmaker Broadcom Inc. showed little sign of slowing down as it delivered its latest financial results, easing past Wall Street’s expectations and offering solid guidance for the current quarter — sending its stock 4% higher in extended trading. The company reported first-quarter adjusted earnings of $2.05 per share, beating the analysts’ projection of ...
Box brushes aside fears of AI’s threat with powerful earnings beat
Box Inc. bucked the trend of software companies crumbling in the face of the artificial intelligence threat, crushing Wall Street’s profit forecast, beating expectations on earnings, and offering solid guidance going forward. The news sent Box’s stock up more than 4% in extended trading. The cloud content management company reported earnings before certain costs such ...
Intel unveils cutting-edge Xeon 6+ CPUs with 288 cores, targeting AI-ready networks
Intel Corp. today unveiled its most advanced central processing unit so far, targeting artificial intelligence networks and other data center applications. Announced at the MWC telecom conference in Barcelona, the Xeon 6+ CPU, codenamed “Clearwater Forest,” is targeted at networks and cloud infrastructures and is based on a complex multi-chiplet design that combines 12 compute ...
OpenAI makes ChatGPT feel less ‘cringe’ with GPT-5.3 Instant update
OpenAI Group PBC says ChatGPT is going to feel less cringeworthy and awkward thanks to an update that means the default experience is now powered by GPT-5.3-Instant. The company announced the new model update in a blog post today, saying GPT-5.3-Instant will reduce the number of overly cautious refusals and unnecessary disclaimers and deliver more ...