Mike Wheatley, Author at SiliconANGLE

Infra

Samsung’s stock falls on fears of weakness in memory chip markets

By Mike Wheatley Jan 30, 2025

South Korean technology giant Samsung Electronics Co. Ltd. delivered better-than-expected fourth-quarter revenue today, though it reported a sharp fall in operating profit as a result of higher research and development costs in its chip…

Infra

Intel’s stock inches up on solid earnings and revenue beat

By Mike Wheatley Jan 30, 2025

Shares of the troubled chipmaker Intel Corp. rose more than 3% after-hours on the back of solid fourth-quarter results that topped expectations, overshadowing somewhat disappointing guidance. The company reported earnings before certain costs such…

Apps

Apple reports record quarterly revenue despite iPhone sales miss

By Mike Wheatley Jan 30, 2025

Apple Inc. has just delivered its “best quarter ever,” with record-breaking revenue helping to boost its stock even as iPhone sales missed expectations. That, added to a positive forecast for the coming quarter, sent…

Cloud

ServiceNow stumbles with revenue miss and tepid guidance for the year ahead

By Mike Wheatley Jan 29, 2025

Investors punished ServiceNow Inc. for its mixed fourth-quarter results and disappointing forecast, with a sharp selloff sending its stock way down in the after-hours trading session today. The company reported fourth quarter earnings before…

AI

Meta crushes Wall Street’s profit targets as Zuckerberg dismisses DeepSeek threat

By Mike Wheatley Jan 29, 2025

Shares of Facebook parent company Meta Platforms Inc. gained more than 2% in extended trading today after it posted solid fourth-quarter results that surpassed analysts’ expectations. Chief Executive Mark Zuckerberg (pictured) took the opportunity…

Cloud

Microsoft’s AI revenue grows, but its stock falls on lower guidance and spending concerns

By Mike Wheatley Jan 29, 2025

The Microsoft Corp. stock price dipped after-hours despite a 10%rise in profit from its fiscal second quarter, as the company strives to capitalize on the massive investments it has made in artificial intelligence infrastructure. The…

AI

UVeye, which uses AI to enable drive-through vehicle checks, raises $191M

By Mike Wheatley Jan 29, 2025

UVeye Inc., a startup using artificial intelligence as the basis of intelligent vehicle inspection technology, said today it has completed a $191 million extension to its Series D funding round, bringing its total amount…

AI

Quibim, a startup using AI imaging to aid in disease detection, raises $50M

By Mike Wheatley Jan 28, 2025

A Spanish artificial intelligence startup called Quibim S.L. said today it has closed on a $50 million early-stage funding round to help accelerate the development of its foundational models for medical imaging. Today’s Series…

AI

Hugging Face wants to reverse-engineer DeepSeek’s R1 reasoning model

By Mike Wheatley Jan 28, 2025

Researchers from Hugging Face Inc. say they’re attempting to recreate Chinese startup DeepSeek’s R1 “reasoning model.” The initiative comes after R1 stunned the artificial intelligence community by matching the performance of the most capable…

AI

OpenAI launches ChatGPT Gov to accelerate government adoption of AI

By Mike Wheatley Jan 28, 2025

OpenAI is trying to cozy up further with the U.S. government through the launch of “ChatGPT Gov,” a special version of its iconic chatbot that’s geared to federal agencies. The company said ChatGPT Gov…

Mike Wheatley

Samsung’s stock falls on fears of weakness in memory chip markets

Intel’s stock inches up on solid earnings and revenue beat

Apple reports record quarterly revenue despite iPhone sales miss

ServiceNow stumbles with revenue miss and tepid guidance for the year ahead

Meta crushes Wall Street’s profit targets as Zuckerberg dismisses DeepSeek threat

UVeye, which uses AI to enable drive-through vehicle checks, raises $191M

Quibim, a startup using AI imaging to aid in disease detection, raises $50M

Hugging Face wants to reverse-engineer DeepSeek’s R1 reasoning model

OpenAI launches ChatGPT Gov to accelerate government adoption of AI

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