Mike Wheatley, Author at SiliconANGLE

Cloud

Adobe’s stock jumps on AI-powered earnings and revenue beats

By Mike Wheatley Jun 13, 2024

Shares of the creative and marketing software company Adobe Inc. jumped in late trading today on the back of strong earnings and revenue beats and a somewhat mixed outlook. The company reported second-quarter earnings…

AI

Luma AI’s Dream Machine expands access to generative AI video creation

By Mike Wheatley Jun 12, 2024

Artificial intelligence startup Luma AI Inc. said today it’s making its entrance into the text-to-video generation segment of the generative AI industry with a new tool called Dream Machine. The startup says Dream Machine…

Infra

Broadcom’s stock rises on strong AI chip sales and improved annual sales forecast

By Mike Wheatley Jun 12, 2024

Shares of the chipmaker Broadcom Inc. trended higher today after the company reported financial results that surpassed Wall Street’s estimates. It also raised its forecast for the year and announced a 10-for-1 stock split that…

AI

BlinqIO raises $5M to automate software testing using generative AI

By Mike Wheatley Jun 12, 2024

Generative artificial intelligence software testing startup BlinqIO Inc. said today it has closed on a $5 million round of funding to get around a shortage of human test programmers. Today’s round was led by…

Emerging Tech

Startup Flow raises $4M to iterate on parallel processing tech that massively accelerates any CPU

By Mike Wheatley Jun 11, 2024

Finnish startup Flow Computing Oy today revealed seemingly outlandish plans to transform the chip industry with a new Parallel Processing Unit that it says can boost the performance of any central processing unit by…

Infra

Construction of Intel’s new $25B chip fab in Israel grinds to a halt

By Mike Wheatley Jun 11, 2024

Intel Corp. has reportedly paused construction work at its new $25 billion semiconductor manufacturing plant in Kiryat Gat in Israel, according to local media reports. Calcalist and several other news sites reported today that Intel…

Cloud

Big cloud AI deals with Google and OpenAI send Oracle’s stock higher, despite earnings miss

By Mike Wheatley Jun 11, 2024

Oracle Corp. posted fiscal fourth-quarter earnings and revenue that came in below analyst’s forecasts, but its stock price soared in extended trading after it announced key deals with Google LLC and OpenAI that will…

Big Data

Apica integrates complex data management capabilities to enhance application observability

By Mike Wheatley Jun 11, 2024

Application monitoring and data management startup Apica AB has finally delivered on the integrations it promised following its recent acquisitions of Logiq.ai LLC and Circonus Inc. The company said today that its newly enhanced…

AI

Automation Anywhere levels up business process automation with generative AI

By Mike Wheatley Jun 11, 2024

Business process automation software firm Automation Anywhere Inc. used its annual user conference today to unveil a new AI + Automation Enterprise System that infuses the latest advances in generative artificial intelligence with its…

AI

AI-powered voice clarity startup Tomato.ai launches with $2.1M in seed funding

By Mike Wheatley Jun 11, 2024

Tomato.ai Inc., an artificial intelligence startup that’s using generative AI to improve voice communications, said today it has closed a $2.1 million seed funding round. The investment was led by existing investors Cardumen Capital…

Mike Wheatley

Adobe’s stock jumps on AI-powered earnings and revenue beats

Luma AI’s Dream Machine expands access to generative AI video creation

Broadcom’s stock rises on strong AI chip sales and improved annual sales forecast

BlinqIO raises $5M to automate software testing using generative AI

Startup Flow raises $4M to iterate on parallel processing tech that massively accelerates any CPU

Construction of Intel’s new $25B chip fab in Israel grinds to a halt

Apica integrates complex data management capabilities to enhance application observability

Automation Anywhere levels up business process automation with generative AI

AI-powered voice clarity startup Tomato.ai launches with $2.1M in seed funding

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