Mike Wheatley
Latest from Mike Wheatley
Snowflake’s stock tumbles as CEO Frank Slootman steps down and outlook weakens
Cloud data warehouse company Snowflake Inc. shocked investors today when it announced that its billionaire Chief Executive Frank Slootman will be stepping down immediately, to be replaced by Google LLC’s former ad chief Sridhar Ramaswamy. The company followed that announcement with soft guidance for the current quarter, and its stock was way down in the ...
Lightricks launches LTX Studio to advance realism in text-to-video generation
Photo and video editing application developer Lightricks Ltd. is looking to take generative artificial intelligence to the next level with the launch of a comprehensive text-to-video tool that promises to transform the art of filmmaking. The new tool, announced today, is called LTX Studio, and it boasts some impressive-sounding capabilities, such as the ability to ...
Startup Slice, which uses generative AI to ensure equity compliance, raises $7M in seed funding
Global equity management startup Slice Global Ltd. is looking to expand after closing on a $7 million seed funding round led by TLV Partners. Today’s round also saw participation from R-Squared Ventures, Jibe Ventures and the international law firms Wilson Sonsini Goodrich & Rosati LLP and Fenwick & West LLP, plus several unnamed angel investors. ...
Cox Enterprises buys gov tech leader OpenGov for $1.8B
Cox Enterprises Inc., one of the largest privately-held conglomerates in the U.S., today announced it’s buying OpenGov in a deal worth $1.8 billion. The company, which is a family-owned provider of communications and automotive services, among other interests, already held a minority stake in OpenGov prior to today’s announcement, which will lead to its taking full ...
GitHub’s enterprise-grade Copilot tool is now generally available
Microsoft Corp.-owned GitHub today announced a more advanced version of its artificial intelligence-powered coding assistant that can be customized to a company’s codebase and processes. It’s called GitHub Copilot Enterprise and it’s generally available now. It serves as a companion for developers and lets them ask questions about public and private code and familiarize themselves with ...
Intel’s new Intel vPro platform to power the next generation of AI PCs
Intel Corp. is attempting to accelerate artificial intelligence with the debut of its new Intel vPro platform, which integrate Intel Arc graphics processing units and Intel Core 14th Gen central processing units in a single package. The new chips, announced at MWC 2024 today, are designed to support enhanced AI experiences on personal computers, and ...
Intenseye, which uses AI computer vision to enhance workplace safety, raises $64M
Workplace safety software provider Intenseye Inc. said today it has closed on what is the largest-ever funding round in its category after raising $64 million in an investment led by Lightspeed Venture Partners. The Series B round also saw the participation of existing investors such as Insight Partners, Point Nine and Air Street Capital, and ...
Google integrates generative AI features into Messages, Maps, Android Auto and more
Google LLC took to the stage at Mobile World Congress 2024 in Barcelona today to announce a new round of generative artificial intelligence features that will come to Android smartphones and wearable devices. The updates include an AI boost for the Messages app, new features for Android Auto, the ability to access tickets and boarding passes via ...
Workday squeezes past the Street’s expectations and acquires AI talent recruitment startup
Human resources software giant Workday Inc. beat expectations with its latest financial results, reiterated its full-year guidance and announced the acquisition of an artificial intelligence-powered talent management startup, yet investors bailed on the company anyway, sending its stock lower in extended trading. The company reported fourth-quarter earnings before certain costs such as stock compensation of ...
Nvidia’s lightweight RTX 500 and 1000 GPUs to power new generation of AI-accelerated laptops
Nvidia Corp. is betting on the growing demand for artificial intelligence-accelerated laptops and workstations with its latest computer chips, the Nvidia RTX 500 and 1000 Ada Generation Laptop GPUs, which were unveiled early today at the MWC 2024 mobile conference in Barcelona. The company said its new graphics processing units will be integrated with multiple new workstation ...