Mike Wheatley
Latest from Mike Wheatley
Chipmaker Marvell Technology Inc. beat expectations and posted guidance that came in just above Wall Street’s estimates, but it wasn’t enough to impress investors, and its stock was headed south in after-hours trading. The company, which designs custom artificial intelligence processors as …
Workday posts strong earnings and revenue amid rapid uptake of its AI agents
Human resources management software company Workday Inc. reported better-than-expected second-quarter results today, delivering earnings and revenue above expectations and raising its guidance for the full year. The results barely moved the needle, though, as the company’s stock remained flat after-hours, having closed …
Workplace fraud monitoring startup Yardstik raises $30M to help employers keep tabs on their staff
Yardstik Inc., a workforce screening startup that monitors companies’ employees for potential fraudulent actions, said today it has closed on a $30 million growth round of funding that brings its total amount raised to date to $65 million. Harbert Growth Partners led …
Salesforce scoffs at SaaSpocalypse fears with a crushing earnings beat
Shares of Salesforce Inc. jumped more than 13% in late trading after the customer relationship management software provider delivered strong second-quarter earnings and revenue and issued guidance that exceeded Wall Street’s expectations. The company reported adjusted earnings of $5.90 per share, crushing …
Nvidia doubles its revenue as demand for AI chips accelerate despite bubble fears
Nvidia Corp. reported better-than-expected second-quarter earnings and revenue and also delivered bullish guidance for the current quarter and next full year, sending its stock up more than 4% in after-hours trading. Update: Shares were trading up 7% Thursday morning. The company reported …
AWS buys DuckLabs to bring DuckDB’s embeddable analytics to more enterprises
Amazon Web Services Inc. said today it has struck an agreement to buy DuckLabs B.V., the Amsterdam-based developer behind the popular open-source analytical database, DuckDB. The deal is expected to close as soon as next month, and will see DuckLabs’ team work …
Autonomous drone intercept startup Mara raises $7M to secure the modern battlefield
Defense technology startup Mara Inc. said today it has closed on a $7 million pre-seed round of funding led by Khosla Ventures to speed up the development and production of its low-cost, autonomous counter-unmanned aircraft system, Spike. Other backers included a16z Speedrun, …
Agentic web search infrastructure startup Keenable raises $26M
Artificial intelligence startup Keenable.ai Inc. said today it’s launching with $26 million in funding to try to revamp a web search infrastructure that was built for humans, not the billions of autonomous agents that many believe will soon dominate the internet. The …
Chip software automation startup Embedd raises $2.7M
Physical artificial intelligence chip infrastructure startup Embedd Ltd. says it’s ready to fix one of the most critical bottlenecks in the multibillion-dollar robotics industry after raising $2.7 million in a pre-seed round of funding. Today’s round was led by Seedcamp and saw …
Nvidia reportedly eyes another investment in Perplexity AI at a $30B valuation
Nvidia Corp. is reportedly considering making another investment in the artificial intelligence search startup Perplexity AI Inc. A report by The Information today says the chipmaker is holding talks with Perplexity about an investment that could push the startup’s valuation to more …