Mike Wheatley, Author at SiliconANGLE

Policy

Scale AI faces probe amid allegations that it’s underpaying its data labeling contractors

By Mike Wheatley Mar 6, 2025

The data labeling startup Scale AI Inc. is being investigated by the U.S. Department of Labor, amid suspicions that it’s violating the Fair Labor Standards Act, the company said today. The Labor probe is…

Infra

HPE to lay off 2,500 staff as stock craters on mixed earnings results and tariffs

By Mike Wheatley Mar 6, 2025

Shares of Hewlett Packard Enterprise Co. cratered in extended trading today after the company’s fiscal first-quarter earnings results were overshadowed by a big round of layoffs and a warning that incoming tariffs are likely…

Infra

Broadcom’s stock bounces back on strong earnings and guidance powered by AI chip demand

By Mike Wheatley Mar 6, 2025

The computer chipmaker Broadcom Inc. posted better-than-expected financial results and offered a strong forecast for its fiscal second-quarter revenue, citing continued strong demand for its custom artificial intelligence chips. The strong results helped to…

Infra

Armed with new funding, Axelera AI debuts Titania, its latest low-power chip for edge AI inference

By Mike Wheatley Mar 6, 2025

Artificial intelligence chipmaker Axelera AI B.V. today announced Titania, the next generation of its low-power yet high-performance silicon for running generative AI and computer vision inference workloads at the network edge. Coinciding with the…

Infra

Custom AI chipmaker Marvell’s stock tumbles after-hours, despite earnings and revenue beat

By Mike Wheatley Mar 5, 2025

Chipmaker Marvell Technology Inc. delivered better-than-expected results and guidance in its latest financial report today, but investors were decidedly unimpressed, and its stock fell hard in the after-hours trading session. The company reported fourth-quarter…

Big Data

MongoDB finally turns a profit but its shares plunge on weak guidance

By Mike Wheatley Mar 5, 2025

MongoDB Inc. finally delivered a quarterly profit as it posted its fiscal 2025 fourth-quarter results, crushing the Street’s targets on earnings and revenue. However, its outlook for the new fiscal year was a big…

AI

IPO-bound CoreWeave to buy AI developer Weights & Biases for a reported $1.4B

By Mike Wheatley Mar 4, 2025

Cloud-based artificial intelligence infrastructure startup CoreWeave Inc. today announced it plans to buy the AI model development firm Weights & Biases Inc. for an undisclosed price, a move that aligns with CoreWeave’s growth strategy…

AI

Amazon’s Swami Sivasubramanian to lead new group focused on AI agents

By Mike Wheatley Mar 4, 2025

Amazon.com Inc. is getting serious about artificial intelligence-powered agents, and has reportedly formed a new group within its cloud infrastructure business to focus on the technology. According to an internal email seen by Reuters,…

Cloud

Box’s stock falls as executives warn of foreign exchange hit on profits

By Mike Wheatley Mar 4, 2025

The cloud storage company Box Inc. beat Wall Street’s targets by the narrowest of margins in its latest earnings results, but it warned that current-quarter profit will take a significant hit from the strength…

Infra

Penguin Solutions revamps its software to automate mass-scale AI infrastructure deployments

By Mike Wheatley Mar 4, 2025

Artificial intelligence infrastructure management company Penguin Solutions Inc. said today it’s expanding its flagship ICE ClusterWare platform so customers can use it as a foundation for building “fully optimized AI ecosystems” that can scale…

Mike Wheatley

Scale AI faces probe amid allegations that it’s underpaying its data labeling contractors

HPE to lay off 2,500 staff as stock craters on mixed earnings results and tariffs

Broadcom’s stock bounces back on strong earnings and guidance powered by AI chip demand

Armed with new funding, Axelera AI debuts Titania, its latest low-power chip for edge AI inference

Custom AI chipmaker Marvell’s stock tumbles after-hours, despite earnings and revenue beat

MongoDB finally turns a profit but its shares plunge on weak guidance

Amazon’s Swami Sivasubramanian to lead new group focused on AI agents

Penguin Solutions revamps its software to automate mass-scale AI infrastructure deployments

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