Mike Wheatley
Latest from Mike Wheatley
MariaDB spins out SkySQL as an independent, database-as-a-service company
Database company MariaDB Plc announced today that it’s spinning out SkySQL Inc., a cloud database subsidiary that has acquired the full rights to its SkySQL database-as-a-service product. Following today’s move, SkySQL will become the exclusive provider of the SkySQL DBaaS offering, which is a cloud-hosted and production-grade version of the MariaDB database. SkySQL said that by ...
Adobe’s stock falls on soft guidance and news of FTC investigation
Shares of Adobe Inc. traded almost 5% lower after-hours today after the company provided soft revenue guidance for its February quarter and fiscal 2024 year. The disappointing forecast came as Adobe said separately it may face significant costs or penalties relating to a Federal Trade Commission probe into its disclosure and subscription cancellation policies. For its ...
Lightning AI, creator of PyTorch Lightning framework, debuts platform for building and deploying AI apps
Lightning AI Inc., the company behind the popular artificial intelligence development framework PyTorch Lightning, is evolving its offerings with the launch of Lightning AI Studios with a goal to simplify the way enterprises can build and deploy AI-infused applications. Announced today, the new offering delivers a more comprehensive, intuitive and fully integrated experience that enables ...
Broadcom accelerates VMware transformation by killing off perpetual software licenses
Broadcom Inc. is accelerating a plan to strong-arm VMware customers into signing up for subscriptions by killing off older, on-premises perpetual licenses to use the popular virtualization software. New customers will no longer be able to purchase a perpetual license, while existing customers will be prevented from acquiring support and software updates. In an blog post published ...
Microsoft debuts 2.7B-parameter Phi-2 model that outperforms many larger language models
Microsoft Corp. has unveiled a new artificial intelligence model called Phi-2, and it demonstrates the remarkable ability to match or even exceed the performance of much larger and more established models of up to 25-times its size. Announced in a blog post today, Microsoft said Phi-2 is a 2.7 billion-parameter language model that demonstrates “state-of ...
Docker buys AtomicJar, the startup behind the popular open-source Testcontainers project
Container development software provider Docker Inc. said today it’s expanding its testing capabilities with the acquisition of a well-funded startup called AtomicJar Inc. Neither company disclosed any price, but it seems likely Docker handed over a significant amount considering that AtomicJar had raised $25 million in a Series A funding round in January, bringing its ...
Oracle’s stock slides as revenue and guidance come up short
Shares of the database giant Oracle Corp. fell more than 8% in after-hours trading today after it reported fiscal second-quarter sales and guidance for the current period that fell below Wall Street’s estimates. The company reported earnings before certain costs such as stock compensation of $1.34 per share, coming in just ahead of the $1.32-per-share ...
AI explainability startup Citrusˣ exits stealth with $4.5M in funding
Artificial intelligence validation and explainability startup Citrusˣ Ltd. is launching today armed with $4.5 million in seed funding. Citrusˣ is the creator of what it says is an easy-to-use platform that will allow all stakeholders within an organization to check that their machine learning and AI models are robust, explainable and fair. The idea is ...
EU reaches provisional agreement on landmark legislation to regulate AI
The European Union on Friday agreed to a provisional deal on new rules that govern the development and use of artificial intelligence technologies such as ChatGPT. The new EU AI Act, believed to be the world’s first major regulation governing AI, was reportedly hashed out after days of negotiations between officials from European countries. Among ...
Open-source generative AI startup Mistral AI raises $415M in funding
French generative artificial intelligence startup Mistral AI announced today it has closed on its second bumper funding round of the year, raising 385 million euros, or around $415 million, in a deal led by prominent venture capital firms Andreessen Horowitz and Lightspeed Venture Partners. The latest round is said to bring Mistral AI’s value to ...
