Mike Wheatley
Latest from Mike Wheatley
Shares of Facebook parent company Meta Platforms Inc. were heading lower in late trading today after the company reported lower-than-expected user numbers and revealed plans to ratchet up its data infrastructure spending in fiscal 2025. The disclosures came as Meta revealed its …
Microsoft’s AI bet pays off as Azure revenue grows, but stock falls on infrastructure supplier delays
Microsoft Corp. delivered a solid fiscal first quarter earnings beat today, but its stock was moving lower after its guidance revealed slower-than-expected growth over the next quarter. The company reported earnings before certain costs such as stock compensation of $3.30 per share, …
Google Cloud turbocharges its AI Hypercomputer stack with next-gen TPUs and bigger GPU clusters
Google Cloud is updating its AI Hypercomputer stack for artificial intelligence workloads, announcing the availability of a host of new processors and infrastructure software offerings. Today it announced the availability of its Google’s sixth-generation tensor processing unit, the Trillium TPU, plus the …
GitHub Copilot goes multimodel, adding support for Google’s Gemini and Anthropic’s Claude LLMs
Microsoft Corp.’s GitHub sprung a surprise today as it revealed that its popular generative artificial intelligence coding assistant, GitHub Copilot, will no longer be powered exclusively by OpenAI’s GPT models. Instead, the company said at its annual GitHub Universe event that it’s …
AMD’s guidance leaves investors wanting more, and its stock tumbles
Advanced Micro Devices Inc. disappointed investors with a tepid sales forecast today, and its stock was heading south during the extended trading session. The company’s stock was down more than 7% after hours, despite solid third-quarter earnings that met expectations and revenue …
Alphabet’s stock jumps as cloud fuels strong revenue growth
Shares of Google LLC’s parent company Alphabet Inc. trading higher in the after-hours session today following a solid earnings beat driven by strong cloud revenue growth. Alphabet’s stock was up more than 5% in extended trading, adding to a slight gain made during …
Nvidia hands out blueprints for the creation of scalable ‘AI factories’
Nvidia Corp. said today it wants to help organizations plan and build advanced, future-proof “artificial intelligence factories” to support a new generation of intelligent applications that will come online in the years ahead. When Nvidia talks about AI factories, what it really …
Pegasystems moves the needle on generative AI development with Pega Infinity updates
Pegasystems Inc., the low-code automation software company, is enhancing its suite of artificial intelligence development tools today with a host of new updates. The new capabilities within the Pega Infinity platform are all about accelerating the development of generative AI in particular, …
Moveworks taps agentic AI to aid in enterprise search
Generative AI copilot company Moveworks Inc. today announced the immediate availability of a new enterprise search tool powered by an innovative new “reasoning engine” that’s better able to understand what users are trying to achieve. The company is building on its flagship …
Brightwave raises $15M to accelerate financial research with AI
Brightwave Inc., creator of an artificial intelligence-powered financial research platform for investment banks, hedge fund managers and other finance professionals, said today it has closed on a $15 million early-stage round of funding. Today’s Series A round was led by Decibel Partners …