Mike Wheatley
Latest from Mike Wheatley
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 ...
Snowflake crushes Wall Street’s expectations amid ‘stabilizing’ economy
The cloud-native big-data company Snowflake Inc. posted strong financial results and issued bullish guidance for the final quarter of its fiscal year, sending its stock higher in extended trading today. The stock, which had already gained 2% in the regular trading session, jumped by more than 7% after-hours on the back of the report. The ...
Shares of Salesforce surge on strong earnings beat
Shares of Salesforce Inc. were up more than 8% in extended trading today after the company delivered third-quarter earnings that topped Wall Street’s forecasts. The enterprise software giant reported a net income of $1.22 billion, well up from the $120 million profit it delivered in the year-ago quarter. Earnings before certain costs such as stock ...
Red Hat updates OpenShift Service on AWS with hosted control planes
Enterprise technology company Red Hat Inc. said today it’s updating the version of its cloud-native and container-based application development platform Red Hat OpenShift that’s specifically targeted at Amazon Web Services Inc. customers. The company said at the AWS re:Invent 2023 conference that the Red Hat OpenShift Service on AWS, also known as ROSA, is being enhanced ...
Big-data analytics unicorn Dataminr to shed 20% of its workforce
Dozens of jobs at the big-data insights company Dataminr Inc. are on the chopping block, following a report that it’s looking to restructure its business and reduce costs. The report from TechCrunch today revealed that the New York-based firm is looking to cut 20% of its staff, which amounts to about 150 jobs in total. ...
HPE’s earnings edge past Wall Street’s estimates, driven by upsurge in AI
Information technology hardware giant Hewlett Packard Enterprise Co. beat estimates for quarterly profit as it posted its fourth-quarter financial results today, but ongoing economic uncertainty meant it could offer only a subdued forecast going forward. The results in the quarter were driven by the growing strength of its high-performance computing and artificial intelligence business, which ...
Teradata launches its AI discovery and exploration tools on AWS cloud
The big data analytics firm Teradata Corp. is accelerating its move into artificial intelligence application development with today’s launch in private preview of the new Teradata AI Unlimited platform on Amazon Web Services Inc.’s cloud. The company said the new offering is a serverless AI and machine learning engine that can be used by data ...
Rafay Systems revamps Kubernetes operations platform, delivering self-service automation for cloud environments
Startup Rafay Systems Inc. today announced a new platform for customers that combines its cloud environment and Kubernetes automation services into a single offering. The new Rafay Cloud Automation Platform is the evolution of Rafay’s existing Kubernetes Operations Platform. The company said it will enable companies to deliver superior automation and self-service capabilities to teams of ...
Integrating Q-CTRL’s performance control software, IBM moves a step closer to quantum advantage
Q-CTRL Pty. Ltd. said today it’s collaborating with IBM Corp. to enhance the performance and efficiency of that company’s quantum computing platform. The Australian startup said its Q-CTRL Embedded software is now available as an option for subscribers to IBM Quantum’s pay-as-you-go offering, in what marks the first time that service has integrated a third-party ...
Amazon enhances its serverless data platforms to kick off re:Invent 2023
Cloud computing giant Amazon Web Services Inc. kicked off its annual re:Invent 2023 conference this evening with a keynote address where it announced a trio of new capabilities that should make it easier for customers to use its serverless database offerings. The headline announcement was the introduction of Amazon Aurora Limitless Database, which is a ...
