Mike Wheatley
Latest from Mike Wheatley
The National Institute of Standards and Technology today announced it’s launching a new initiative called NIST GenAI aimed at assessing generative artificial intelligence models and create systems that can identify AI-created text, images and videos. The launch of the new program came …
Samsung delivers almost tenfold increase in profit on back of AI chip demand
Samsung Electronics Co. Ltd. said today that its operating profit increased by almost tenfold in the first quarter from the same period a year ago, driven by a strong rebound in its semiconductor business, which makes the memory chips essential for artificial …
GitHub elevates the generative AI coding experience with Copilot Workspace
Microsoft Corp.’s GitHub today announced a new generative artificial intelligence-powered development environment called Copilot Workspace, which builds on the capabilities of its original AI-powered coding tool to help reduce the time it takes to get started on new projects. Unveiled in a …
Commvault debuts on-demand cloud cleanrooms for cyber recovery operations
Data protection services provider Commvault Systems Inc. hastodayannounced the availability of what it says is a new kind of “cleanroom” for data recovery operations, enabling enterprises to recover compromised workloads and data from any location to a safe and secure isolated environment …
Intel’s stock slides on weak forecast
Intel Corp. took a beating in after-hours trading today after reporting disappointing first-quarter financial results and a weak outlook that came in below most analysts’ forecasts. The chipmaker reported a net loss for the quarter of $437 million, improving on the $2.8 …
Google parent Alphabet’s stock spikes on strong cloud profits, AI demand and first cash dividend
Shares of Google LLC’s parent company Alphabet Inc. rallied in late trading today after it reported first-quarter earnings and revenue that topped analysts’ estimates, delivered strong profit from its cloud unit, and announced its first-ever dividend. The company’s stock was up more than …
Monster API uses generative AI to help anyone build generative AI
A startup called Monster API, officially known as Generative Cloud Inc., has a GPT-powered agent that simplifies and accelerates the fine-tuning and deployment of open-source generative artificial intelligence models. According to the company, MonsterGPT helps reduce the time it takes to fine-tune …
Salesforce wants to help banks resolve transaction disputes faster with generative AI
In its latest generative artificial intelligence push, Salesforce Inc. said today it’s introducing new features for banks that will help them deal with transaction disputes much more rapidly. The new generative AI capabilities announced today include Transaction Dispute Management and Einstein Copilot …
Secretive AI coding assistant startup Augment raises $227M to rival GitHub’s Copilot
Artificial intelligence-powered coding assistant startup Augment Inc. stepped into the limelight today, announcing a bumper $227 million funding round that brings its valuation to $977 million, just shy of “unicorn” status. Today’s Series B round was led by high-profile investors that include …
Generative AI drives strong revenue growth for ServiceNow, but light guidance weighs on stock
Enterprise workflow software provider ServiceNow Inc. beat analysts’ expectations as it delivered its first-quarter financial results today, but its stock was trading lower after-hours following a tepid forecast that only matched Wall Street’s guidance. The company reported earnings before certain costs such …