Mike Wheatley
Latest from Mike Wheatley
Adobe Inc. raised its full-year profit and revenue guidance after beating Wall Street’s targets in its latest financial results, but the positive numbers failed to impress investors much, and its stock was moving lower in late-trading. The company reported second-quarter earnings before certain …
Multiverse Computing bags $215M for its quantum-inspired AI model compression tech
Multiverse Computing S.L. said today it has raised $215 million in funding to accelerate the deployment of its quantum computing-inspired artificial intelligence model compression technology, which promises to reduce the costs of AI inference dramatically without impacting on performance. The Series B …
Databricks brings data insights to every business worker with AI-powered BI
Databricks Inc. says it’s trying to bring the power of big data analytics to every business worker with the launch of its new artificial intelligence-powered business intelligence tool, Databricks One. The company sells a cloud-based data warehouse platform that provides a collaborative …
Oracle beats expectations on ‘insatiable’ cloud demand, sending its stock higher
Database giant Oracle Corp.’s stock moved up more than 7% in extended trading today after reporting financial results that surpassed analysts’ expectations and saying it expects cloud growth to accelerate in the current quarter. The company reported fourth-quarter earnings before certain costs …
OpenAI’s newest reasoning model o3-pro surpasses rivals on multiple benchmarks, but it’s not very fast
OpenAI is upping the ante in artificial intelligence reasoning with the launch of o3-pro today, claiming it’s the most advanced model of its kind. The o3-pro model is a more powerful version of the original 03 reasoning model, which debuted earlier this …
Time intelligence startup Laurel gets $100M to turbocharge worker productivity
AI-native time keeping startup Laurel Inc. said today it has raised $100 million in a Series C funding round to try and transform the productivity of legal, consulting and accounting firms, whose biggest resource is human capital. Today’s round was led by …
GitLab’s revenue outlook comes up short and its stock gets hammered
Shares of the DevOps pioneer GitLab Inc. were battered and bruised in late trading today after it increased its full-year profit outlook but narrowly missed expectations on sales guidance. That came after it logged a narrower loss in the first quarter and …
Harness scales up its Internal Delivery Platform to accelerate software delivery
Harness Inc., the software delivery platform startup that provides tools for developers to update and monitor their applications on the fly, today announced a major update aimed at helping enterprises dramatically scale up their application development efforts. The latest release of the …
Zencoder accelerates vibe coding with instant, AI-powered software verification
Generative artificial intelligence coding startup Zencoder says it’s finally able to help developer teams shift from “vibe coding” to production-ready applications with its latest tool, which automates the verification process for newly generated code. Announced today and available in beta test now, …
Hirundo raises $8M to try to make AI forget the bad data causing its hallucinations
Hirundo AI Ltd., a startup that’s helping artificial intelligence models “forget” bad data that causes them to hallucinate and generate bad responses, said today it has raised $8 million in seed funding to popularize the idea of “machine unlearning.” Today’s round was …