Mike Wheatley
Latest from Mike Wheatley
Rising commercial PC sales help HP beat earnings and revenue targets
Personal computer maker HP Inc. delivered a decent earnings and revenue beat today as it revealed its latest financial numbers, sending its stock up by about 2% in the after-hours trading session. The company’s results highlight the ongoing recovery of the global PC market, driven partly by a new generation of so-called AI PCs. HP reported ...
Shares of Nutanix plunge on lower guidance, while Pure Storage jumps on bullish forecast
The fortunes of data center infrastructure providers Nutanix Inc. and Pure Storage Inc. are in stark contrast today, with the companies offering very different outlooks for the current quarter. Nutanix’s shares fell more than 16% after-hours on guidance that came in below Wall Street’s forecasts, while Pure was up by over 9% after posting an ...
UiPath’s stock plummets as CEO Rob Enslin abruptly resigns and guidance disappoints
Updated with Thursday stock price: Shares of the automation software company UiPath Inc. were battered in after-hours trading today and were falling more than 35% Thursday after it shocked investors with a surprise leadership change and followed up with poor guidance. The company said Chief Executive Rob Enslin (pictured) will resign, effective June 1. He will be replaced ...
Harness acquires Split Software to enable feature flag experimentation in software workflows
Continuous software delivery startup Harness Inc. said today it has entered into a definitive agreement to acquire a rival company called Split Software Inc., which specializes in feature flag management and experimentation. Harness said it intends to integrate Split’s capabilities into its own platform, so its customers will be able to experiment and deploy new features ...
Scale AI publishes its first LLM Leaderboards, ranking AI model performance in specific domains
Artificial intelligence training data provider Scale AI Inc., which serves the likes of OpenAI and Nvidia Corp., today published the results of its first-ever SEAL Leaderboards. It’s a new ranking system for frontier large language models based on private, curated and unexploitable datasets that attempts to rate their capabilities in common use cases, such as ...
ECL makes first delivery of its sustainable, modular data center that can be deployed anywhere
Data center-as-a-service startup ECL said today it has closed on a $10 million investment from Hyperwise Ventures. The funding came as the company, incorporated at Edge Cloud Link Inc., unveiled the first delivery of its modular, off-the-grid data center that’s powered entirely by hydrogen. ECL said the funds from today’s round will be used to accelerate ...
Box beats targets on earnings, but light guidance holds stock price in check
Cloud content management company Box Inc. delivered a comfortable earnings and revenue beat today, increasing its profitability, but the results failed to impress investors all that much, as its stock was flat after-hours. The company reported first-quarter earnings before certain costs such as stock compensation of 39 cents per share, just ahead of the Street’s ...
Incorta debuts enterprise-grade foundation for private and secure generative AI applications
Data analytics startup Incorta Inc. is looking to increase its relevance in the generative artificial intelligence industry with the debut of a new offering called Operational GenAI, which it says can become the foundation of intelligent business applications. The company said Operational GenAI is private and secure, integrating state-of-the-art AI techniques such as retrieval-augmented generation ...
DataGPT expands generative AI chat-based business analytics with Google Analytics connector
Generative artificial intelligence-powered data analytics startup DataGPT said today it’s expanding its capabilities with the launch of a library of connectors for third-party applications such as Google Analytics, Salesforce, Hubspot and Shopify. Companies will be able to connect DataGPT to those platforms and use its generative AI chatbots to query them for insights using natural ...
Report: AWS to spend billions on new cloud data center infrastructure in Italy
Amazon.com Inc.’s cloud computing business is holding talks with the Italian government over a potential multibillion-dollar investment that will see it expand its data center operations in the country, in line with plans to boost its presence across Europe. That’s according to a report by Reuters, which cites four people familiar with the talks as ...