Mike Wheatley
Latest from Mike Wheatley
Tech industry mourns the passing of former Googler and YouTube CEO Susan Wojcicki at age 56
Former YouTube Chief Executive Susan Wojcicki, who was one of the earliest and most influential employees at Google LLC, has passed away at the age of 56. News of her death was announced by Google and parent Alphabet CEO Sundar Pichai and Wojcicki’s husband Dennis Troper via social media posts late on Friday, and was ...
Rackspace demonstrates impressive efficiency gains, sending its stock way higher
Shares of Rackspace Technology Inc. hit a hot streak today, rising during the regular trading period and then accelerating after the company posted its latest financial results at market close. The results were solid, with Rackspace comfortably beating analysts forecasts on both earnings and revenue as it returned to profitability. The cloud services provider reported ...
Shares of Dropbox inch up as Q2 financial results top expectations
File-sharing services provider Dropbox Inc. posted a solid earnings and revenue beat as it published its second-quarter financial results today, but lukewarm sales guidance for the current quarter meant it was unable to generate much excitement on Wall Street. The company reported earnings before certain costs such as stock compensation of 60 cents per share, ...
DigitalOcean cruises to another easy earnings beat
Shares of the developer-oriented cloud infrastructure provider DigitalOcean Holdings Inc. made strong gains during the regular trading session today, and continued to rise after-hours after delivering some solid second-quarter financial results. The company reported earnings before certain costs such as stock compensation of 48 cents per share on $192.5 million sales in the quarter, up ...
Intel targets opportunity for AI-powered cars in China with its first discrete GPU
Intel Corp. said today it’s looking to leverage the growing demand for artificial intelligence in the automotive industry, launching its first-ever discrete graphics processing unit for autonomous and intelligent cars at a special event in Shenzhen, China. The new Intel Arc Graphics for Automotive dGPU was unveiled at the company’s AI Cockpit Innovation Experience, ahead ...
Data center infrastructure firm Equinix raises annual forecasts, betting on AI growth
Digital infrastructure company Equinix Inc. said today it’s raising a number of key metric forecasts for the full year, betting on higher demand for its data center operations services amid the rising adoption of generative artificial intelligence technologies. The decision came as the real estate investment trust delivered an encouraging second-quarter financial report that saw ...
Disappointing guidance and mixed earnings crater JFrog’s stock
Shares of the software supply chain tooling company JFrog Ltd. took a beating in after-hours trading today on mixed second-quarter financial results and disappointing guidance that came in below analysts’ expectations. The company reported second-quarter earnings before certain costs such as stock compensation of 15 cents per share, just beating the Street’s consensus estimate of ...
Visual AI startup Napkin.ai launches graphics generator for business storytelling
Visual artificial intelligence startup Napkin.ai Inc. today announced the launch of a new tool that transforms text such as business plans, pitch decks and newsletters into imagery that can better communicate the complex ideas they detail. The startup said it’s trying to help people enhance their communication and explain their ideas more easily, adding that ...
OpenAI responds to ‘very popular demand’ with launch of key LLM safety feature for developers
OpenAI today announced a key update that finally delivers the top-requested feature developers have been asking for. With the launch of its Structured Outputs in the API feature, the company is providing developers with a reliable way to ensure that the outputs of their generative artificial intelligence models match the data stored within their JavaScript Object Notation Schema ...
Intel finally delivers some good news, hitting key 18A process node milestone
Intel Corp. finally had some good news to share for a change, providing an encouraging update on the progress of its most advanced 18A fabrication process, which will be used to manufacture a new generation of computer chips. In today’s update, Intel said it has “powered on” two key products that will be the first ...