Mike Wheatley, Author at SiliconANGLE

Policy

Elon Musk tries to block OpenAI’s for-profit transition in latest legal tussle

By Mike Wheatley Dec 1, 2024

Technology entrepreneur Elon Musk has filed an injunction with a federal court, asking it to stop OpenAI from transforming itself into a fully for-profit business. In the filing for a preliminary injunction Nov. 29,…

Cloud

Workday’s guidance falls just short of analysts’ expectations, stock gets hammered

By Mike Wheatley Nov 26, 2024

Disappointing guidance for the current quarter weighed heavily on Workday Inc.’s stock, which fell sharply in after-hours trading today, even though the company beat forecasts with strong third-quarter results. Workday reported earnings before certain…

Apps

HP’s stock sinks on lower guidance, despite optimism in the PC market

By Mike Wheatley Nov 26, 2024

HP Inc. delivered mixed financial results in its final quarter of fiscal 2024, and followed up with weak guidance for the current period. Investors recoiled, and the company’s stock tumbled more than 7% in…

Infra

Dell’s stock falls on weak guidance, as more customers hold off for next-gen AI servers

By Mike Wheatley Nov 26, 2024

Weak guidance sent Dell Technologies Inc.‘s shares into a tailspin today, as the stock fell more than 10% in extended trading. The company is forecasting lower server sales, and blamed the shortfall on enterprise…

Infra

Intel’s CHIPS Act funding set to be cut by the Biden administration, reports say

By Mike Wheatley Nov 25, 2024

The outgoing Biden administration is reportedly going to cut downn the preliminary $8.5 million grant it awarded to Intel Corp. under the CHIPS Act, adding to the struggling U.S. chipmaker’s woes. Intel, which is…

AI

Nvidia’s new music generation model Fugatto creates ‘never before heard sounds’

By Mike Wheatley Nov 25, 2024

Nvidia Corp. today joined the likes of Meta Platforms Inc., OpenAI and Runway AI Inc. in releasing a generative artificial intelligence model that’s designed to create “new” music and audio from human language prompts.…

Cloud

Zoom struggles to grow beyond a crawl and its stock dips

By Mike Wheatley Nov 25, 2024

Shares of Zoom Communications Inc. were trading 4% lower in the after-hours session today, even as the company delivered strong third-quarter earnings results and provided optimistic guidance for the current quarter. The company reported…

Infra

Multicloud GPU compute-as-a-service startup Kinesis Network goes fully serverless

By Mike Wheatley Nov 25, 2024

Distributed cloud compute-as-a-service startup Kinesis Network Inc. today announced the availability of a new serverless feature for enterprises to access its scalable “always-on” compute resources for artificial intelligence workloads. With the new service, companies…

AI

AI voice startup PlayAI raises $21M to power a new generation of more humanlike AI agents

By Mike Wheatley Nov 25, 2024

Voice artificial intelligence startup PlayHT Inc., which likes to be known simply as PlayAI, said today it has raised $21 million in a seed round of funding. The round was led by Kindred Ventures.…

AI

Luma AI updates Dream Machine with new Photon image generation model and more

By Mike Wheatley Nov 25, 2024

Artificial intelligence startup Luma AI Inc. today announced the debut of a powerful new model for image generation that’s available now through its popular Luma AI Dream Machine platform for creators and marketers. The…

Mike Wheatley

Elon Musk tries to block OpenAI’s for-profit transition in latest legal tussle

Workday’s guidance falls just short of analysts’ expectations, stock gets hammered

HP’s stock sinks on lower guidance, despite optimism in the PC market

Dell’s stock falls on weak guidance, as more customers hold off for next-gen AI servers

Intel’s CHIPS Act funding set to be cut by the Biden administration, reports say

Nvidia’s new music generation model Fugatto creates ‘never before heard sounds’

Zoom struggles to grow beyond a crawl and its stock dips

AI voice startup PlayAI raises $21M to power a new generation of more humanlike AI agents

Luma AI updates Dream Machine with new Photon image generation model and more

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