Mike Wheatley
Latest from Mike Wheatley
Couchbase posts strong earnings and revenue beat, but investors are unimpressed
Cloud database company Couchbase Inc. delivered another solid earnings and revenue beat today, and its guidance was better than expected too, but it wasn’t enough to satisfy investors as its stock stayed flat in extended trading. The company reported a loss before certain costs such as stock compensation of eight cents per share, coming in ...
AMD’s highly anticipated MI300X AI chips hit general availability along with new Ryzen 8040 CPUs
Chipmaker Advanced Micro Devices Inc. today threw down the gauntlet, announcing that it’s ready to take on Nvidia Corp. with a new generation of silicon chips that are geared toward artificial intelligence workloads. During a special “Advancing AI” event today, the chipmaker announced the launch of multiple new chips and software services, including its highly ...
Google debuts first Gemini generative AI model, with advanced reasoning and native multiple modes
Google LLC today is taking the fight to OpenAI and ChatGPT with the long-delayed launch of what it says is its most capable, powerful and sophisticated generative artificial intelligence model yet. Called Gemini, it will sit at the heart of a number of Google’s services and products, including its generative AI chatbot Bard and the ...
MongoDB crushes Wall Street’s targets, but its stock falls after-hours
Shares of the database company MongoDB Inc. slid in after-hours trading today, even though the company crushed Wall Street’s forecasts on earnings and revenue and offered strong guidance in its latest financial report. In recent months the company has been flying high as investors bet on the growth of cloud computing and artificial intelligence, and ...
Arthur Chat, a tool for generative AI chatbots, launches to leverage proprietary data and any AI model
Artificial intelligence monitoring startup ArthurAI Inc. is looking to make its presence felt in the generative AI industry with the launch of its first chatbot builder, Arthur Chat. Announced today, it’s described as a turnkey, retrieval-augmented generation platform that companies can use to power more accurate and reliable chat-based applications that are fed on their ...
Ketryx raises $18M to accelerate software development cycles in the medical industry
Ketryx Corp., a startup that offers connected application lifecycle management software that’s tailor-made for the life sciences and medical industries, said today it has closed on a $14 million early-stage round of funding. Today’s Series A round was led by new investor Lightspeed Venture Partners, with participation from existing backers MIT E14 Fund and Ubiquity ...
Big-data discovery and privacy startup Mine raises $30M in Series B funding
The data privacy startup SayMine Technologies Ltd., better known as Mine, announced the closure of its $30 million funding round today. The Series B round was led by Battery Ventures and saw significant investments from PayPal Ventures and Nationwide Ventures too. The startup’s existing investors, including Saban Ventures, Gradient Ventures, MassMutual Ventures and Headline Ventures ...
Vanta debuts AI-powered reporting and security tools to automate compliance and trust
Cybersecurity compliance startup Vanta Inc. said today it’s launching a new suite of reporting and testing tools to help companies strengthen their security posture amid the shift to artificial intelligence. The new tools include an advanced reporting tool that helps companies to measure the success of their security programs, as well as enhanced capabilities in ...
IBM, Meta and others team up with academia and advocacy groups on open AI development initiative
Technology giants that include IBM Corp. and its Red Hat subsidiary, Meta Platforms Inc., Intel Corp., Advanced Micro Devices Inc. and ServiceNow Inc. said today they’re joining forces with more than 40 other organizations across business, academia, government and advocacy to create a new global initiative on the development of artificial intelligence. The new group ...
GitLab beats expectations, delivers first-ever profit, and its stock jumps
Shares of the developer tooling company GitLab Inc. shot up in extended trading today after it posted third-quarter earnings and revenue that beat expectations and offered strong guidance for the current period. The company reported earnings before certain costs such as stock compensation of nine cents per share on revenue of $149.7 million, up 32% from ...