Mike Wheatley
Latest from Mike Wheatley
Google Cloud debuts trio of cloud storage services for data-hungry AI workloads
Google Cloud said today it’s enhancing its cloud storage options to help customers come to grips with the unique demands of artificial intelligence workloads that are notoriously data-intensive. The three new storage offerings announced today include Parallelstore, Cloud Storage FUSE and Google Cloud NetApp Volumes. They can all be accessed via the Google Cloud Console, ...
NetApp beats expectations despite overall revenue slowdown but stock sags
Data storage giant NetApp Inc. beat expectations as it delivered its first-quarter financial results today. However, its revenue was down overall and although the company maintained its full-year profit outlook, it noted that it continues to face a “challenging macroeconomic environment” that has forced enterprises to make cuts to their information technology spending budgets. The ...
Snowflake beats expectations and maintains full-year guidance, sending its stock higher
Shares of the cloud data warehouse firm Snowflake Inc. moved higher in extended trading today after the company beat expectations for its second-quarter earnings and kept its full-year revenue forecast steady. On the other hand, Snowflake’s guidance for the current quarter came up just short of Wall Street’s targets. Perhaps as a result, its stock ...
Nvidia’s stock climbs to record high as AI boom ignites rapid revenue growth
Shares of Nvidia Corp. rose more than 6% in extended trading to close at their highest ever value, as the company smashed Wall Street’s targets in its second-quarter financial results and offered strong guidance. The chipmaker said its impressive growth is being driven, not surprisingly, by the rise in artificial intelligence and a shift toward ...
Twilio’s engagement tools become more intelligent and aware with CustomerAI
Twilio Inc. said today it’s infusing its customer engagement tools with a hefty dose of artificial intelligence. At its annual user conference SIGNAL 2023, it announced new predictive and generative AI capabilities to drive deeper insights into customers and power recommendations and suggestions for developers. Twilio made its name for its application programming interfaces, which ...
VC firm Tiger Global looks to cash in on its early investment in OpenAI rival Cohere
The venture capital firm Tiger Global Management LLC is looking to cash in on an astute early investment in the artificial intelligence startup Cohere Inc., according to a report today by The Information. The report says Tiger Global is looking to sell a 2.1% stake in Cohere for about $63 million, equal to the dollar ...
Report: AI startup Hugging Face hoping to raise millions from Salesforce and other investors
Artificial intelligence startup Hugging Face Inc. is reportedly seeking to raise $200 million in venture capital. It’s said that Salesforce Inc. will lead the proposed round, which will more than double the privately-held company’s valuation, which currently stands at $2 billion. The money will come from Salesforce’s venture capital arm, Salesforce Ventures, and several other unnamed ...
OpenAI now lets users fine-tune GPT-3.5 Turbo for specific tasks
ChatGPT creator OpenAI LP today revealed that it’s now possible for customers to fine-tune its underlying GPT-3.5 Turbo model using their own data. According to the company, this makes it possible for users to create customized models that can potentially match or even exceed the capabilities of GPT-4. Fine-tuning in artificial intelligence refers to the practice ...
Meta AI’s SeamlessM4T model enables universal, on-demand translation for hundreds of languages
A universal translator akin to the Babel Fish from “The Hitchhiker’s Guide To The Galaxy” might soon be possible. It’s all thanks to Meta Platforms Inc.’s Fundamental Artificial Intelligence Research team, which has open-sourced a new AI model that’s designed to provide instant translations in any language and format. Announced today, SeamlessM4T is a foundational multilingual ...
IBM’s watsonx to leverage generative AI to modernize mainframe apps
IBM Corp. said today it’s using its recently announced generative artificial intelligence service watsonx to help enterprises modernize their most business-critical mainframe applications. The new watsonx Code Assistant for Z is a generative AI-powered coding assistant that’s designed to help developers translate applications written in the older COBOL programming language to Java. The service can ...
