Mike Wheatley
Latest from Mike Wheatley
Chipmakers AMD, GlobalFoundries and Cirrus Logic post solid earnings and guidance, easing tariff fears
A trio of U.S. chipmakers expressed confidence about their ability to navigate the challenges caused by President Donald Trump’s tariffs, offering forecasts that came in above expectations after delivering impressive results in their most recent financial quarters. Shares of Advanced Micro Devices Inc., GlobalFoundries Inc. and Cirrus Logic Inc. all moved higher in late trading ...
OpenSearch revs up AI workloads with GPU-accelerated vector search
The popular open-source OpenSearch software that’s used by enterprises for data analytics and enhancing artificial intelligence workloads is getting a major update. The OpenSearch Software Foundation, a vendor-neutral organization that’s responsible for the development of the software, has just announced the launch of OpenSearch 3.0, bringing about a massive performance increase and new vector search ...
Lightricks shakes up AI video creation with powerful open-source model
Lightricks Ltd. is throwing down the gauntlet to artificial intelligence powerhouses OpenAI, Google LLC and others with the release of its latest open-source video generation model, LTX Video-13B. The new version is said to be a significant upgrade to Lightricks’ original LTXV model, boosting the number of parameters and enhancing its features to “dramatically” increase ...
Cisco debuts prototype quantum networking chip to accelerate future – and existing – applications
Cisco Systems Inc. is future-proofing itself for the day when quantum computing finally becomes a reality, announcing a prototype networking chip that leverages quantum mechanics to scale up the next generation of computer systems. The prototype was unveiled as the company opened a new research hub in Santa Monica that’s dedicated to exploring the potential ...
App monitoring startup AppSignal targets US after raising $22M and hiring a new CEO
Application monitoring startup AppSignal B.V. said today it’s looking to expand its market presence beyond Europe after closing on a $22 million early-stage funding and hiring a new chief executive. The Series A round was led by Elsewhere Partners and saw the participation of several other unnamed investors. AppSignal is an Amsterdam-based startup that claims ...
Google is getting into the filmmaking business to promote a more positive view of tech
Google LLC is teaming up with a talent management company called Range Media Partners on a new film and TV project that aims to improve the public perception of its technology. According to a report in Business Insider, the two partners are working on an initiative called “100 Zeros” to identify scripted and unscripted projects ...
Signal app clone used by Trump officials was hacked in less than 30 mins
The security of U.S. government officials’ communications has come under the spotlight again after a modified Signal app used to archive data from third-party messaging apps was hacked in less than 30 minutes. The app in question is a cloned version of Signal made by an Israeli company called TeleMessage, which claims to modify encrypted ...
Apple’s stock falls as Tim Cook admits it’s ‘difficult to predict’ tariff impact
Shares of the iPhone maker Apple Inc. were heading south in late trading today after it failed to offer much clarity on the long-term impact of President Donald Trump’s tariffs. Growth in its closely watched services business slowed as well, falling short of Wall Street’s revenue target. The company reported second-quarter earnings before certain costs ...
Amazon’s stock declines on light guidance and third successive cloud revenue miss
Amazon.com Inc. delivered better-than-expected results in its first-quarter earnings report, but it followed up with mixed guidance that’s “subject to change” as a result of the uncertainty caused by U.S. President Donald Trump’s sweeping tariffs. The company’s cloud infrastructure business also came up short, missing revenue expectations for a third straight quarter, and its stock ...
Qualcomm beats expectations, but its stock wobbles on light revenue forecast
Chipmaker Qualcomm Inc. beat analysts expectations thanks to some impressive revenue growth as it delivered its second-quarter earnings results today. The company said it’s reaping the rewards of a diversification strategy that has seen it expand beyond the smartphone market. However, its revenue forecast for the current quarter came in just shy of Wall Street’s ...
