Mike Wheatley
Latest from Mike Wheatley
The Dutch chipmaker NXP Semiconductors N.V. has extended its spending spree by splurging $307 million on a deal to buy Kinara Inc., a California-based startup that develops neural processing units for artificial intelligence workloads at the network edge. Today’s deal comes just …
DataRobot buys Aqnostiq to advance AI agent development with dynamic compute orchestration
DataRobot Inc., which offers tools for developing artificial intelligence and machine learning models that cater to both experts and novices, said today it has snapped up a Toronto-based startup called Agnostiq Inc. The acquisition will enable DataRobot to facilitate and scale the …
Sam Altman pledges more openness as OpenAI works toward AGI
OpenAI Chief Executive Sam Altman has written an essay on his personal blog today that spells out how his company intends to ensure that “everyone on Earth” will be able to leverage artificial general intelligence to fulfill their goals and expand their creativity. …
Databricks buys the AI-powered data migration startup BladeBridge
Databricks Inc. has snapped up a startup called BladeBridge Inc., which offers tools for migrating enterprise data warehouses. The big-data company said Wednesday it plans to integrate its technology with its own platform. The goal is to help companies move their workloads …
One of Elon Musk’s key DOGE team members, Marko Elez, quits after being outed as a racist
A key staff member of Elon Musk’s Department of Government Efficiency resigned earlier today after he was linked by the Wall Street Journal to a profile on X that had made a number of racist posts, advocating for eugenics and the destruction …
Amazon’s stock drops as cloud revenue comes up short and it doubles AI spending
Amazon.com Inc. beat Wall Street’s expectations on fourth-quarter earnings and revenue today, but sales in its all-important cloud computing business came up short, and guidance for the current quarter was light. As a result, investors were less than satisfied, and Amazon’s stock …
Lightning AI moves into the AI marketplace with ready-made enterprise applications
Lightning AI, which provides tools for developing artificial intelligence and machine learning algorithms, is getting into the business of packaging those models into ready-made enterprise applications with the launch of Lightning AI Hub. It’s a marketplace where developers and other users can …
Qualcomm and Arm shatter Wall Street’s targets, but investors aren’t too happy
Shares of Qualcomm Inc. and Arm Holdings Plc headed south in late-trading today, even though both chipmakers delivered solid quarterly earnings and revenue beats and provided optimistic guidance for the current quarter. In the case of Qualcomm, it delivered stellar results, with fiscal …
Report: Amazon tipped to ship revamped Alexa AI updates later this month
Amazon.com Inc.’s Alexa team is inviting journalists to attend a big product event in New York City later this month, where it’s expected to announce more advanced artificial intelligence capabilities for its popular digital assistant. One of Amazon’s key Alexa executives, Panos …
Juniper’s revenue and profit rises on strong demand for AI networks
Juniper Networks Inc. beat Wall Street’s expectations and notched up a higher profit today as it posted its preliminary fourth-quarter financial results. The report came as the company prepares to face down the U.S. Justice Department in a legal tussle over its …