Mike Wheatley
Latest from Mike Wheatley
Salesforce shrugs off economic pressure as it beats expectations and raises full-year guidance
Shares of Salesforce Inc. gained more than 5% in extended trading today after the company posted quarterly results and guidance that exceeded Wall Street’s estimates. The customer relationship management giant also raised its full-year forecast amid resilient demand for its cloud software offerings despite ongoing economic uncertainty. The company reported second quarter net income of ...
Couchbase jumps on the generative AI bandwagon with Capella iQ code generator
Cloud database company Couchbase Inc. has become the latest technology provider to integrate generative artificial intelligence into its flagship product. Today it announced a new capability it calls “Capella iQ” for its database-as-a-service offering, Couchbase Capella. According to Couchbase, it’ll help developers to write SQL++ and application code faster and more easily with AI-generated recommendations ...
Box’s stock falls as it reports narrow earnings beat and weak guidance
Shares of Box Inc. took a bit of a beating in extended trading today after the cloud content management firm reported second-quarter financial results that barely topped earnings and revenue estimates and followed up with soft guidance. Box reported net income of $10.8 million, with earnings before certain costs such as stock compensation coming to 36 cents ...
Shares of HPE and HP fall on soft guidance as enterprise spending lags
Shares of Hewlett Packard Enterprise Co. and its onetime sister company HP Inc. were trending lower in extended trading today after the companies offered guidance for the fourth quarter that came up short of analyst’s expectations. Both companies are struggling amid soft enterprise spending and lower demand for the servers, storage gear, personal computers and ...
Ambiq’s newest open-source AI model helps IoT applications capture clean speech
Ambiq Micro Inc., a low-power chip startup for intelligent devices at the edge, is enhancing its artificial intelligence toolkit with its new Neural Network Speech Enhancer, enabling devices to capture clean human speech in the noisiest of environments. Ambiq is best known for its low-powered chips, but the startup also offers an array of tools ...
Google Cloud’s generative AI tech to power dozens of partners’ technologies
Google Cloud announced a whole host of generative artificial intelligence initiatives involving its partners at its Google Cloud Next event today in San Francisco. The central theme in today’s announcements was how Google Cloud is helping its partners to use generative AI to accelerate their technology transformations, and it’s doing so in some creative ways. ...
Google Cloud debuts its most powerful, AI-optimized virtual machines yet
Google Cloud is beefing up its cloud-based artificial intelligence computing infrastructure, adding new tensor processing unit and graphics processing unit-based virtual machines it says are optimized to power the most demanding AI workloads. The new AI-optimized VMs were announced at Google Cloud Next 2023, alongside the launch of an updated Google Distributed Cloud offering that ...
AI companion creator Intuition Robotics raises $25M to combat loneliness
Intuition Robotics Ltd., the pioneer of a novel, artificial intelligence-based care companion designed to help combat loneliness and promote healthy and independent living, has raised $25 million in a new round of funding. Announced today, the funding comprises $20 million in venture capital investments and $5 million in venture debt. The round was led by ...
New funding round could raise Databricks’ value to more than $43B
Big-data software giant Databricks Inc. is reportedly holding talks with the global investment management giant T. Rowe Price Group Inc. on a fresh round of funding that could bring its value to more than $43 billion. The report from Bloomberg noted that talks are still at a “preliminary” stage, adding that the parties may not reach ...
Intel unveils next-gen Sierra Forest and Granite Rapids Xeon CPUs for data center workloads
Intel Corp. has revealed a host of new details about the architecture of next year’s Xeon central processing units, geared for data center servers and workstation applications. Intel has yet even to launch the fifth generation of its Xeon CPUs, but today’s unveiling at the Hot Chips conference at Stanford University provided a decent insight ...
