Mike Wheatley
Latest from Mike Wheatley
Startup aiOla strives to fix AI speech recognition woes with dynamic routing
Artificial intelligence startup aiOla says it’s breaking new ground in its quest to develop machines that can understand human speech as well as people can. Today it has announced a new “Speech Intelligence Gateway” that’s able to facilitate more reliable speech recognition by dynamically routing each audio request to the model that’s best suited to ...
Amazon’s stock falls after it ups its 2026 capital spending forecast to $200B
Amazon.com Inc. delivered record quarterly revenue on the back of strong cloud growth during the fourth quarter, but its stock fell in late trading after it missed expectations on profit and raised its fiscal 2026 capital expenditure forecast to $200 billion. The online retail and cloud computing giant reported earnings before certain costs such as ...
IBM invests in generative AI app design startup Anima
IBM Corp. is pushing into the emerging “vibe coding” trend via an investment in the popular “design-to-code” startup Anima App Inc., as part of an effort to help reshape how companies design, build and ship digital products in the artificial intelligence era. Vibe coding has become a hugely disruptive force in software development, enabling developers ...
Anthropic’s hilarious Super Bowl spot skewers potential AI ads – but OpenAI chief Sam Altman protests
Anthropic PBC is spending millions of dollars on a series of amusing Super Bowl commercials that poke fun at its rival OpenAI Group PBC, which recently said it’s going to start running ads in ChatGPT. The ads follow today’s pledge by the company to ensure that its popular chatbot Claude will always remain ad-free. In ...
Shares of Qualcomm and Arm slide following latest earnings reports
Two of the world’s top chip design companies were down in the dumps today, as shares of both Qualcomm Inc. and Arm Holdings Plc plummeted in late trading today amid concerns about memory supply constraints. Qualcomm’s stock fell more than 9%, while shares of Arm lost almost 8% of their value in extended trading, after ...
Alphabet to jack up AI spending as Google Cloud and ad business revenues shine
Google LLC’s parent company Alphabet Inc. beat expectations as it delivered its fourth-quarter financial results today, but its stock was trading lower after it revealed plans for a dramatic increase in its investments in artificial intelligence data centers over the next year. The company reported earnings before certain costs such as stock compensation of $2.82 ...
GenLogs secures $60M to keep tabs on trucking industry with AI and roadside sensors
Trucking intelligence startup GenLogs Corp. says it’s going to inject artificial intelligence smarts into the freight industry after raising $60 million in a new round of funding today. The Series B round was led by Battery Ventures and saw participation from the likes of IVP, Cathay Innovation, 9Yards, Venrock, Steel Atlas, HOF Capital, TitletownTech and ...
Supermicro knocks it out of the park, as AI server sales drive 120% revenue increase
Super Micro Computer Inc.’s stock gained ground in late trading today after it delivered stellar second-quarter financial results and issued a forecast that indicates massive demand for its artificial intelligence data center server hardware. The company reported adjusted earnings per share of 69 cents, easily beating the 49-cent-per-share consensus estimate. Revenue for the period jumped ...
AMD beats expectations but guidance fails to excite investors and stock falls
Advanced Micro Devices Inc. easily beat Wall Street’s expectations in its latest financial results, but although it offered a bullish forecast for the current quarter, it still disappointed some analysts who were expecting the chipmaker to show even stronger momentum. The company reported fourth-quarter earnings before certain costs such as stock compensation of $1.53 per ...
Tomorrow.io raises $175M to deploy its AI-native weather satellite constellation
Elon Musk might have another competitor on his hands following the news that the satellite constellation company Tomorrow.io Inc. has just closed on a bumper $175 million in funding. The money was provided by Stonecourt Capital and HarbourVest, and the company said today it will use it to accelerate the deployment of DeepSky, which aims ...