Mike Wheatley
Latest from Mike Wheatley
NetApp Inc. delivered a solid earnings and revenue beat today before raising its guidance for both metrics, saying it’s seeing strong demand for data storage services as companies upgrade their cloud infrastructure. The strong results and optimistic guidance helped to boost the …
Chinese AI startup DeepSeek’s newest model surpasses OpenAI’s o1 in ‘reasoning’ tasks
Chinese artificial intelligence startup DeepSeek has unveiled a new “reasoning” model that it says compare very favorably with OpenAI’s o1 large language model, which is designed to answer math and science questions with more accuracy than traditional LLMs. The startup, which is …
Snowflake’s shares surge higher on blowout earnings, a promising acquisition and new AI partnership
Shares of the cloud data warehouse company Snowflake Inc. jumped more than 30% in trading Thursday, with the bullish sentiment driven by a crushing earnings and revenue beat and increased guidance for the fiscal year. The company also announced a key partnership …
Nvidia posts another strong earnings beat as customers race to deploy next-gen Blackwell GPUs
Updated with Thursday stock price: Artificial intelligence chipmaker Nvidia Corp. delivered a better-than-expected earnings and revenue beat as it posted its hotly anticipated third-quarter financial results. It also offered guidance for the coming quarter that was higher than expectations, yet its stock …
Google DeepMind’s AlphaQubit tackles quantum error detection with unprecedented accuracy
Google DeepMind’s quantum research team says it’s using advanced artificial intelligence algorithms to solve one of the biggest challenges that prevents them from building a reliable quantum computer – error correction. In a paper published in the journal Nature, the Google DeepMind …
Generative AI drug discovery hub Converge Bio raises $5.5M to understand the ‘language of biology’
Drug discovery startup Converge Bio Inc. said today it has closed on a $5.5 million seed round of funding to help biotech and pharmaceutical companies develop more effective drugs at faster speeds by leveraging generative artificial intelligence. The startup has created a …
Vision AI training and deployment startup Roboflow raises $40M
Visual artificial intelligence development startup Roboflow Inc. said today it has closed on a $40 million round of funding to continue building the tools developers need to make more advanced AI systems that can see and understand the world. Today’s Series B …
Selector Software raises $33M funding round to fix network outages with AI
Artificial intelligence-native network monitoring startup Selector Software Inc. said today it has closed on a $33 million round of funding, bringing its total amount raised to date to more than $66 million. Today’s Series B round was led by Ansa Capital and …
Enfabrica raises $115M as it debuts ‘world’s fastest’ GPU networking chip
High-performance networking chip startup Enfabrica Corp. today announced a significant new cash injection, raising $115 million as part of an oversubscribed equity financing round. Today’s Series C round was led by Spark Capital and saw participation from new investors including Maverick Silicon …
Microsoft’s Azure AI Foundry unifies AI development so everyone can get involved
Microsoft Corp. said today it wants to change the game for artificial intelligence development by providing everyone with the tools to implement cutting-edge AI capabilities within their business applications, and key to this is the launch of the new Azure AI Foundry. …