Mike Wheatley
Latest from Mike Wheatley
Vanta debuts AI-powered reporting and security tools to automate compliance and trust
Cybersecurity compliance startup Vanta Inc. said today it’s launching a new suite of reporting and testing tools to help companies strengthen their security posture amid the shift to artificial intelligence. The new tools include an advanced reporting tool that helps companies to measure the success of their security programs, as well as enhanced capabilities in ...
IBM, Meta and others team up with academia and advocacy groups on open AI development initiative
Technology giants that include IBM Corp. and its Red Hat subsidiary, Meta Platforms Inc., Intel Corp., Advanced Micro Devices Inc. and ServiceNow Inc. said today they’re joining forces with more than 40 other organizations across business, academia, government and advocacy to create a new global initiative on the development of artificial intelligence. The new group ...
GitLab beats expectations, delivers first-ever profit, and its stock jumps
Shares of the developer tooling company GitLab Inc. shot up in extended trading today after it posted third-quarter earnings and revenue that beat expectations and offered strong guidance for the current period. The company reported earnings before certain costs such as stock compensation of nine cents per share on revenue of $149.7 million, up 32% from ...
Biomemory debuts what it says is the world’s first commercially available DNA storage product
French digital data startup Biomemory SAS has announced what it claims is the first instance of DNA-based storage being made available to the general public, with the launch of its new DNA memory cards. Announced today, ahead of general availability later this year, the groundbreaking Biomemory DNA Cards come in a credit card-shaped format and ...
Google reportedly postpones launch of next-gen chatbot Gemini until early next year
Google LLC has reportedly delayed the debut of its next-generation generative artificial intelligence model Gemini, and will now keep it under wraps until at least January. Gemini is said to be the most powerful conversational AI Google has created so far. It’s described as a multimodal AI chatbot that can process multiple kinds of data. ...
Elastic shares jump in late trading on solid earnings and revenue beat
Shares of the enterprise search technology firm Elastic N.V. surged more than 16% in late trading today after the company posted a second-quarter earnings beat and offered a strong forecast for the current quarter and full year. The company reported earnings before certain costs such as stock compensation of 37 cents per share, crushing Wall ...
Chipmaker Marvell’s stock falls on weak revenue forecast
Marvell Technology Inc. said it’s expecting its revenue to decline as it enters the final quarter of the fiscal 2024 year, and its stock was trading more than 4% lower in the after-hours session today. The lower forecast took the sheen off an otherwise decent quarter for the company, which topped analyst’s targets on earnings ...
Shares of UiPath spike on strong earnings and revenue beat, upbeat forecast
Updated: Shares of the business automation software firm UiPath Inc. traded sharply higher today after it reported third-quarter earnings and revenue that topped Wall Street’s expectations. The company reported earnings before certain costs such as stock compensation of 12 cents per share, beating Wall Street’s target of just seven cents per share. Revenue rose 24% from ...
Automated forensic accounting startup Valid8 Financial closes on $8.5M funding round
Verified financial intelligence startup Valid8 Financial Inc. said it has raised $8.5 million in a Series A funding round announced today. The round was led by Silvertone Partners and saw participation from Touchdown Ventures, First Trust. CPA.com and Capital Midwest, and will enable the company to accelerate the delivery of its automated forensic accounting platform ...
Another generative AI startup, Together AI, secures $100M+ in funding
Generative artificial intelligence startups have been raking in billions of dollars in investors money this year, and the latest one to do so is a company called Together Computer Inc. Better known as Together AI, it said today it has closed on an impressive $102.5 million Series A funding round to build the open-source infrastructure ...
