Mike Wheatley
Latest from Mike Wheatley
OpenAI gives ChatGPT ability to remember past interactions with users
OpenAI today announced that it’s giving ChatGPT and other GPT-4-based models a memory feature, which will enable it to remember information from its previous conversions with users. The idea is that, by remembering past interactions, ChatGPT will be better able to avoid repetition, enhancing the overall quality of its conversations. The company said it’s planning to ...
Akamai boosts profitability but misses earnings forecasts and offers light guidance, sending stock lower
Akamai Technologies Inc. posted mixed fourth-quarter results today, beating the Street’s forecasts on earnings but missing on revenue, with cloud computing and security growth offset by a decline in its legacy content delivery network business. Guidance for the coming quarter came up light, too. The company also announced a new effort called Gecko that sees ...
Akamai’s Gecko initiative deploys compute at the edge to create world’s most distributed cloud platform
The developer-focused cloud computing firm Akamai Technologies Inc. has announced ambitious plans to embed a range of cloud computing services within its sprawling edge content delivery network. Announced today, Akamai’s Generalized Edge Compute or Gecko initiative is about helping companies deliver better experiences by moving their workloads closer to end users. The launch of Gecko is another ...
Teradata’s stock tumbles on flat revenue and soft guidance
Teradata Corp. beat analysts’ forecasts on earnings and revenue as it delivered its fiscal 2023 fourth-quarter results today, but its guidance for the coming quarter fell short of expectations, and its stock fell more than 14% late trading. The company reported earnings before certain costs such as stock compensation of 56 cents per share, surpassing ...
Arista delivers earnings in line with forecasts, but stock dips after-hours
Arista Networks Inc. delivered fourth-quarter results that were more or less in line with Wall Street’s projections, though its revenue forecast for the current period came in ahead of analysts’ estimates. The company reported net income of $613.6 million, rising from a profit of $427.1 million in the same period one year ago. Earnings before certain ...
Quantum computing startup Diraq raises $15M to build qubits using traditional silicon chips
Australian quantum computing startup Diraq Pty Ltd. said today it has closed on a $15 million capital raise that will be used to advance its research into a novel concept for building the physical “qubits” that power quantum computers. The Series A-2 round was led by Quantonation, a specialist venture capital fund that’s focused on ...
Nvidia debuts RTX 2000 Ada Generation GPU for AI-accelerated design workloads
Nvidia Corp. is packing more powerful generative artificial intelligence processors into “compact workstations” with today’s launch of its new Nvidia RTX 2000 Ada Generation GPU, enabling users to run advanced AI applications on device. The RTX 2000 is the most powerful graphics processing unit for workstations that the company has ever produced, offering up to 1.5 ...
Pegasystems debuts generative AI-powered application design tool
Low-code automation software platform Pegasystems Inc. is tapping generative artificial intelligence to fuel the capabilities of its latest tool, Pega GenAI Blueprint. Announced today, the new offering merges Pega’s industry best practices with the power of generative AI to enhance application design processes. The company argues that innovation in application development is being stifled and ...
Google joins C2PA’s steering committee to boost transparency of AI-generated content
Google LLC has revealed that it’s joining the Coalition for Content Provenance and Authenticity, otherwise known as C2PA. The company is signing on as a member of its steering committee, where it will work with other members on ways to improve the transparency of digital content. One of Google’s primary aims is to advance the ...
Mechanical Orchard raises $24M to help companies ditch their mainframes for the cloud
Mainframe workload modernization startup Mechanical Orchard Inc. said it’s hoping to gain more enterprise traction today after closing on a $24 million early-stage funding round led by Emergence Capital. The Series A round, which values the startup at $95 million, also saw participation from Industry Ventures, Spider Capital, Bloomberg Beta, Cendana Capital and Webb Investment Network. ...