Mike Wheatley
Latest from Mike Wheatley
Salesforce Inc. today announced one of its most comprehensive artificial intelligence updates to date with the launch of Industries AI, a new automation platform that can perform a variety of time-consuming tasks on behalf of human workers. The company says Industries AI …
SiMa.ai debuts new system-on-chip for multimodal AI at the network edge
Artificial intelligence chip startup SiMa Technologies Inc. has unveiled what it says is the first system-on-chip platform that’s specifically designed to handle multimodal AI workloads at the embedded edge. With today’s launch, the startup reckons it can power a wide range of …
Salesforce set to buy cloud data backup specialist Own Co. for $1.9B in cash
Salesforce Inc. said today it will splash $1.9 billion in cash to buy a startup called Own Co., previously known as OwnBackup Ltd., which sells tools for backing up data in cloud-based applications. The deal is expected to close by the end …
Growing demand for AI helps UiPath deliver strong revenue beat and upbeat guidance
Automation software company UiPath Inc. rode on the back of growing enterprise enthusiasm for all things artificial intelligence to surpass Wall Street’s expectations for its second-quarter results today. It also raised its revenue guidance for the full year, and investors nodded their …
Broadcom’s stock falls on weak outlook, despite strong AI chip sales and VMware bookings
Shares of Broadcom Inc. traded lower following the closing bell today, after the chipmaker reported quarterly financial results that swung to a loss and offered guidance that fell short of expectations. The company may have hoped for a reprieve as it boosted its …
Red Hat launches RHEL AI platform for hybrid cloud generative AI development
Open-source software giant Red Hat Inc. has announced the launch of its dedicated foundation model platform for generative artificial intelligence development in hybrid cloud environments. Red Hat Enterprise Linux AI is generally available today, having been announced three months ago at the Red …
Salesforce enhances basic features for Sales Cloud and Service Cloud customers
Salesforce Inc. today launched a new suite of features called Salesforce Foundations to help larger businesses that span multiple industries unify their sales operations. Salesforce Foundations is a free offering being made available to every Salesforce Sales Cloud and Service Cloud customer, and …
Couchbase’s stock crumbles on anticipation of significant growth slowdown
Database company Couchbase Inc. delivered second-quarter results that came out just ahead of Wall Street’s estimates today, but its stock took a turn for the worse in extended trading, with investors apparently concerned by a slowdown in its growth rate. The company …
C3 AI fails to make progress on profitability and its stock plummets
Artificial intelligence software company C3 AI Inc. beat on earnings and revenue expectations as it posted its fiscal first-quarter financial results today, but its stock fell hard and fast in extended trading amid fears that it may not achieve profitability as fast …
HPE beats expectations but its stock falls on concerns about weak AI server margins
Shares of Hewlett Packard Enterprise Co. traded lower late today despite the company posting solid earnings and revenue that came in above Wall Street’s expectations. It seems investors were much more interested in the company’s bottom line, and may have been perturbed by …