Mike Wheatley, Author at SiliconANGLE

AI

Hypercubic raises $5.3M to map out and rewrite legacy COBOL apps with AI agents

By Mike Wheatley Aug 18, 2026

An artificial intelligence startup called Hypercubic Inc. is taking on the problem of modernizing legacy applications written in the COBOL programming language after raising $5.3 million in seed funding today. The round was led…

AI

Exclusive: Synthefy raises $6.5M for its number-crunching models trained on numerical data instead of words

By Mike Wheatley Aug 18, 2026

A startup called Synthefy Inc. said today it’s going to for numbers what large language models did for words after raising $6.5 million in seed funding today. The funds will help to expand its…

Emerging Tech

African defense tech startup Terra Industries raises $52M

By Mike Wheatley Aug 17, 2026

It turns out that it’s not only U.S. and European companies pushing the concept of autonomous warfare. Nigeria-based Terra Industries is a defense technology startup that develops automated security systems for governments and infrastructure…

AI

Google pays $10M to get its hands on Spirit Airlines’ business data for AI training

By Mike Wheatley Aug 17, 2026

Alphabet Inc.’s Google LLC has won an auction to acquire massive volumes of internal business data from the bankrupt airline operator Spirit Airlines Inc. for a hefty $10 million price. A report by Bloomberg…

AI

Palona raises $20M in funding to bring AI automation to brick-and-mortar businesses

By Mike Wheatley Aug 17, 2026

Artificial intelligence startup Palona AI, which is building an intelligence operating layer for physical businesses, is ready to show what it can do after closing on a $20 million round of early-stage funding today.…

Emerging Tech

Gravis Robotics gets $200M from SoftBank to retrofit excavators with self-driving AI systems

By Mike Wheatley Aug 17, 2026

Gravis Robotics AG said today it has bagged $200 million in funding from SoftBank Group Corp. in what is the largest-ever Series A round for a construction robotics startup. The startup was founded in…

Infra

Applied Materials delivers earnings above estimates, but Wall Street isn’t impressed

By Mike Wheatley Aug 13, 2026

Applied Materials Inc. beat expectations on both earnings and revenue in its third-quarter financial results today, and followed up with strong guidance for the current quarter, but its stock fell in the wake of…

Cloud

Workday’s stock jumps 17% on report of Silver Lake buyout discussions

By Mike Wheatley Aug 13, 2026

Shares of the human resources management software company Workday Inc. jumped almost 18% today after a report emerged that it’s holding acquisition talks with the private equity firm Silver Lake. Reuters said Silver Lake…

Infra

AI chipmaker Cerebras Systems’ stock plunges, despite posting solid earnings and guidance

By Mike Wheatley Aug 12, 2026

Chipmaker Cerebras Systems Inc. boosted its full-year guidance after beating expectations on earnings and “core” revenue as it published its second-quarter results today, but its stock tumbled more than 17% in extended trading. The…

Infra

AI infrastructure spending boosts Cisco’s earnings and revenue, but its stock declines after-hours

By Mike Wheatley Aug 12, 2026

Networking giant Cisco Systems Inc. coasted to a solid earnings and revenue beat and issued strong guidance for the current quarter, but a drop in gross margins seems to have spooked investors, sending its…

Mike Wheatley

Hypercubic raises $5.3M to map out and rewrite legacy COBOL apps with AI agents

Exclusive: Synthefy raises $6.5M for its number-crunching models trained on numerical data instead of words

African defense tech startup Terra Industries raises $52M

Google pays $10M to get its hands on Spirit Airlines’ business data for AI training

Palona raises $20M in funding to bring AI automation to brick-and-mortar businesses

Gravis Robotics gets $200M from SoftBank to retrofit excavators with self-driving AI systems

Applied Materials delivers earnings above estimates, but Wall Street isn’t impressed

Workday’s stock jumps 17% on report of Silver Lake buyout discussions

AI chipmaker Cerebras Systems’ stock plunges, despite posting solid earnings and guidance

AI infrastructure spending boosts Cisco’s earnings and revenue, but its stock declines after-hours

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