Mike Wheatley
Latest from Mike Wheatley
Database company Couchbase Inc. is looking to support the development of artificial intelligence-powered agents with the addition of Capella AI Services to its flagship cloud data platform, Couchbase Capella. Announced today, the Capella AI Services are supposed to help companies address some …
Elon Musk tries to block OpenAI’s for-profit transition in latest legal tussle
Technology entrepreneur Elon Musk has filed an injunction with a federal court, asking it to stop OpenAI from transforming itself into a fully for-profit business. In the filing for a preliminary injunction Nov. 29, Musk, along with his artificial intelligence startup xAI …
Workday’s guidance falls just short of analysts’ expectations, stock gets hammered
Disappointing guidance for the current quarter weighed heavily on Workday Inc.’s stock, which fell sharply in after-hours trading today, even though the company beat forecasts with strong third-quarter results. Workday reported earnings before certain costs such as stock compensation of $1.89 per …
HP’s stock sinks on lower guidance, despite optimism in the PC market
HP Inc. delivered mixed financial results in its final quarter of fiscal 2024, and followed up with weak guidance for the current period. Investors recoiled, and the company’s stock tumbled more than 7% in extended trading. The personal computer and printer manufacturer …
Dell’s stock falls on weak guidance, as more customers hold off for next-gen AI servers
Weak guidance sent Dell Technologies Inc.‘s shares into a tailspin today, as the stock fell more than 10% in extended trading. The company is forecasting lower server sales, and blamed the shortfall on enterprise customers that are waiting to snap up new …
Intel’s CHIPS Act funding set to be cut by the Biden administration, reports say
The outgoing Biden administration is reportedly going to cut downn the preliminary $8.5 million grant it awarded to Intel Corp. under the CHIPS Act, adding to the struggling U.S. chipmaker’s woes. Intel, which is set to become the main beneficiary of the …
Nvidia’s new music generation model Fugatto creates ‘never before heard sounds’
Nvidia Corp. today joined the likes of Meta Platforms Inc., OpenAI and Runway AI Inc. in releasing a generative artificial intelligence model that’s designed to create “new” music and audio from human language prompts. According to the chipmaker, the new model, called …
Zoom struggles to grow beyond a crawl and its stock dips
Shares of Zoom Communications Inc. were trading 4% lower in the after-hours session today, even as the company delivered strong third-quarter earnings results and provided optimistic guidance for the current quarter. The company reported earnings before certain costs such as stock compensation …
Multicloud GPU compute-as-a-service startup Kinesis Network goes fully serverless
Distributed cloud compute-as-a-service startup Kinesis Network Inc. today announced the availability of a new serverless feature for enterprises to access its scalable “always-on” compute resources for artificial intelligence workloads. With the new service, companies can access low-cost graphics processing units from multiple …
AI voice startup PlayAI raises $21M to power a new generation of more humanlike AI agents
Voice artificial intelligence startup PlayHT Inc., which likes to be known simply as PlayAI, said today it has raised $21 million in a seed round of funding. The round was led by Kindred Ventures. Others, including Race Capital, 500 Global and Y …