Mike Wheatley
Latest from Mike Wheatley
Alibaba claims leadership in AI reasoning with latest Qwen3 models
Chinese technology giant Alibaba Group Holding Ltd. has announced Qwen3, a new family of artificial intelligence models that it says can outperform competing models from companies such as OpenAI and Google LLC. The new release underscores the rapid pace of development within China’s AI industry since DeepSeek Ltd. first burst onto the scene late last ...
ChatGPT goes after Google in online shopping
OpenAI is going after Google LLC with a series of updates to ChatGPT’s search capabilities, including a new shopping experience that offers product recommendations and click to buy links. The new shopping features announced in ChatGPT today will enable users to search for products and then purchase them after clicking on a link that redirects ...
NXP’s stock slumps as CEO Kurt Sievers reveals he’ll retire later this year
Shares of the computer chipmaker NXP Semiconductors N.V. fell more than 7% in extended trading today after it reported lower profitability on declining revenue and revealed its longtime Chief Executive Officer Kurt Sievers will step down at the end of the year. Sievers (pictured) is planning to retire at the end of October, and has ...
NetFoundry raises $12M to bring secure, zero-trust networking to cloud applications
The zero-trust networking startup NetFoundry Inc. said today it has received its first cash injection from venture capitalists, raising $12 million in funding. SYN Ventures was the sole participant in the round, and the cash will be used to help support the startup’s mission to simplify, secure and accelerate innovation in enterprise software. NetFoundry is ...
Intel’s stock dives on lower guidance as new CEO Lip-Bu Tan outlines long-term vision
Intel Corp.’s stock headed south in extended trading today after the company offered disappointing guidance for the current quarter and announced yet more spending and staff cuts that will go into effect this year. In its first-quarter financial results today, Intel reported earnings before certain costs such as stock compensation of 13 cents per share, ...
Alphabet crushes expectations, with cloud, AI and search all showing strength
Alphabet Inc., the parent company of Google LLC and YouTube, delivered better-than-expected results as it posted its first-quarter earnings report today, lifting its stock more than 4% after-hours. The internet search and cloud computing giant reported earnings before certain costs such as stock compensation of $2.81 per share, crushing Wall Street’s target of just $2.01 ...
Legal AI tech startup Noxtua raises €80.7M to help European lawyers automate their work
Germany-based legal technology startup Noxtua SE said today it has closed on an €80.7 million ($91.6 million) round of funding after undergoing a corporate rebranding. The company, which was previously known as Xayn SE, said today’s round was led by Verlag C. H. BECK oHG, the No. 1 publisher of legal books in Germany. It ...
Datadog snaps up Metaplane to improve data quality for AI applications and systems
Cloud security and application monitoring giant Datadog Inc. said today it’s looking to expand the scope of its data observability offerings after acquiring a startup called Metaplane. The financial terms of the deal were not disclosed, but Datadog stressed that Metaplane will help to accelerate its push into the area of data observability, where it ...
ServiceNow dodges tariff and DOGE threats, beating forecasts and raising guidance
Shares of ServiceNow Inc. shot up in extended trading after the company reported better-than-expected first-quarter results and forecast higher revenue than Wall Street’s target. The company said it’s seeing strong demand despite the current economic uncertainty, and reported earnings before certain costs such as stock compensation of $4.04 per share. Revenue for the period came ...
Lenovo announces new ‘AI-ready’ infrastructure systems in its largest-ever storage refresh
Lenovo Group Ltd. is targeting artificial intelligence with the largest-ever refresh of its data storage portfolio, announcing 21 new AI-optimized storage systems and infrastructure appliances for enterprise data centers. Announced today, the expanded portfolio fills the full spectrum of storage solutions, with new storage arrays, software-defined storage systems and virtualization offerings that have been crafted ...
