Mike Wheatley
Latest from Mike Wheatley
Agentic financial modeling startup Meridian gets $17M in funding
Meridian, an agentic artificial intelligence startup trying to reinvent complex financial modeling, has the money it needs to complete that mission after raising $17 million in seed funding today. The round, led by Andreessen Horowitz and The General Partnership, brings the company’s post-money valuation to $100 million. The startup, officially known as Longitude Labs Inc., ...
AI hyperscalers help boost Cisco’s revenue, but its stock sinks on soft guidance
Cisco Systems Inc. posted second-quarter financial results that beat Wall Street’s expectations today, but investors punished the company after it offered soft guidance for the current quarter. The networking giant reported adjusted earnings of $1.04 per share, beating the analysts’ consensus estimate of $1.02 per share, while revenue increased by about 10% from a year ...
AI infrastructure giant Nebius buys agentic search startup Tavily
Artificial intelligence infrastructure company Nebius Group N.V. said today it’s going to acquire an Israeli startup called Tavily Inc., which has developed a specialized search layer for autonomous AI agents. The terms of the deal were not disclosed, but Calcalist reported that Nebius has agreed to pay $275 million initially, with the amount potentially rising ...
Teradata tops expectations on public cloud momentum and its stock surges
Veteran big-data analytics company Teradata Corp. delighted investors today as it reported fourth-quarter earnings and revenue that far surpassed analysts’ expectations, sending its stock higher in extended trading. The company delivered earnings before certain costs such as stock compensation of 74 cents per share, easily beating Wall Street’s guidance of 54 cents. Revenue for the ...
Cloudflare crushes analysts’ expectations on revenue and its stock soars in late trading
Shares of the cloud content delivery network CloudFlare Inc. jumped more than 14% in extended trading on the back of a solid top- and bottom-line beat and strong revenue guidance for the current quarter and full year. The connectivity cloud company reported fourth-quarter earnings before certain costs such as stock compensation of 28 cents per ...
VCs back Smart Bricks’ plan to automate real estate investing with AI agents
Artificial intelligence agents are coming to the real estate industry. A startup called Smart Bricks Real Estate LLC has just raised $5 million in pre-seed funding to develop autonomous reasoning agents that can help investors to identify, evaluate and acquire high-performing real estate assets without spending endless hours searching and struggling with due diligence. Today’s ...
Matia raises $21M to help enterprises consolidate their data management operations
Unified data operations startup Matia Inc. wants to give enterprises a better way to manage their data pipelines at scale after raising $21 million in an early-stage A round of funding. Red Dot Capital led the Series A round, which saw participation from existing backers such as Leaders Fund, Secret Chord Ventures, Cerca Partners, Caffeinated ...
Ambi Robotics advances physical AI by licensing its hard-earned robot skills
Ambi Robotics Inc. is leaning on years of production-hardened operational experience in warehouse robotics by giving third-party robots the chance to license the essential skills needed to perform tasks such as item inspection, picking and placement. The company’s new AI Skill Suite, introduced today, is a dramatic expansion of its operating system for physical artificial ...
Digital twin startup Neara raises $63M to help power companies cope with AI’s energy demands
Australian startup Neara, which makes digital twins of power grids, says it’s ready to support electricity companies as they struggle to cope with the surging demand from artificial intelligence data centers after raising more than $60 million in late-stage funding. The Sydney-based company raised around 90 million Australian dollars, or around $63 million, in a ...
Private cloud infrastructure startup Oxide Computer reportedly raises $200M in fresh funding
Cloud-inspired data center infrastructure startup Oxide Computer Co. has reportedly raised $200 million in a fresh round of funding. The round was first reported by Axios, which named the U.S. Innovative Technology Fund as the lead investor. It comes less than a year after the startup raised $100 million in a Series B funding round. Founded ...