Mike Wheatley
Latest from Mike Wheatley
Despite revenue drop, Cisco beats expectations and ups full-year forecast, sending stock higher
Networking giant Cisco Systems Inc. delivered a solid third-quarter earnings and revenue beat even as its overall sales fell substantially from the same period one year earlier. It also bumped up its revenue guidance for the fiscal year ending in July, saying customers have almost worked through the inventory glut that was blamed for its ...
AI chip company Cerebras announces major advances in materials science, sparse training and more
Artificial intelligence chip startup Cerebras Systems Inc. says it’s getting some serious traction in its bid to rival Nvidia Corp. in powering artificial intelligence workloads. The company announced today it has made some groundbreaking achievements in terms of molecular dynamics simulations and sparse training, advancing materials research and enabling powerful large language models to be ...
HPE’s GreenLake enhances data storage across the cloud and on-premises servers
Hewlett Packard Enterprise Co. is enhancing its GreenLake platform with a host of new and expanded features that aim to simplify how users manage and optimize data, storage and workloads across their on-premises and cloud-based information technology environments. The new offerings include HPE GreenLake Block Storage capabilities for the Amazon Web Services cloud, a new ...
OpenAI co-founder and Chief Scientist Ilya Sutskever quits
OpenAI co-founder and Chief Scientist Ilya Sutskever said today he’s quitting the company after almost 10 years in the job. His decision to step down from the artificial intelligence company comes almost six months after he was said to have played a key role in the failed ouster of Chief Executive Sam Altman in November. ...
Google is transforming its Search experience with generative AI overviews, planning and more
Google LLC said today that it’s integrating a host of new generative artificial intelligence capabilities within Google Search, in a bid to quell criticism that gen AI itself could reduce its dominance in the very lucrative service. The new features are designed to reimagine the way people interact with its search engine, transforming it into ...
Google Cloud unveils the Trillium TPU, its most powerful AI processor so far
Google Cloud today announced the imminent launch of its most powerful and energy-efficient tensor processing unit to date, the Trillium TPU. Google’s TPUs are similar to Nvidia Corp.’s graphics processing units, which have emerged as the most popular hardware for running generative artificial intelligence workloads. With Trillium, Google is hoping to provide companies with an ...
Google enhances Gemini Pro with more natural conversational abilities and improved understanding
Google Cloud said today it’s enhancing its Gemini family of generative artificial intelligence models, giving them more natural and intuitive chat capabilities, so it feels much more like having a conversation with another human. The updates to Gemini were revealed onstage at Google I/O 2024, the company’s annual developer conference near its Mountain View, California ...
NetApp unveils new data storage infrastructure for enterprise AI workloads
Data storage and management company NetApp Inc. has introduced a new piece of hardware for companies running demanding workloads such as generative artificial intelligence, VMware virtualization and enterprise databases in their on-premises data centers. The NetApp AFF A-Series systems announced today were launched alongside the new NetApp AIPod with Lenovo ThinkSystem servers for Nvidia Corp.’s ...
CI/CD platform startup Harness raises $150M to accelerate software delivery
Continuous software delivery startup Harness Inc. is looking to expand its platform and kickstart the next stage of its growth after closing on a $150 million round of debt financing today. The latest round, which brings the company’s total amount of equity and debt raised to more than $500 million, was led by Silicon Valley ...
Rackspace reports strong progress following business realignment, pleasing investors
Cloud services provider Rackspace Technology Inc. beat Wall Street’s targets on earnings and revenue today as it continues to transform itself and pay off a huge debt refinancing deal that followed a major strategic realignment of its business last year. Although the company reported a significant decline in revenue, investors appeared satisfied with its progress, ...