Mike Wheatley
Latest from Mike Wheatley
Shares of UiPath Inc. were trading slightly higher today after the automation software provider delivered better-than-expected fourth-quarter results and delivered strong guidance for the new fiscal year. The company reported a net profit of $33.9 million in the quarter, up from a …
IO River raises $5.4M to help internet companies use multiple CDNs with ease
A startup called IO River Ltd. announced today it has closed on a $5.4 million seed funding round, as it launches what it says is the industry’s first multi-CDN-as-a-service platform. Using its platform, internet companies will be able to leverage multiple content …
Arm reveals most advanced automotive chip designs yet, plus virtual prototypes to speed app development
Chip design firm Arm Holdings Ltd. is bringing the latest generation of its central processing unit architecture to the automotive industry with the launch of its new, safety-enabled Arm Automotive Enhanced range, based on Armv9. The new chips, which are said to …
Meta unveils two new 24K GPU clusters it’s using to develop more advanced generative AI
Meta Platforms Inc. today revealed a pair of enormously powerful graphics processing unit clusters that it says will be used to support the training of next-generation generative artificial intelligence models, including the upcoming Llama 3. Meta engineers Kevin Lee, Adi Gangidi and Mathew …
Cognition launches Devin, a generative AI-powered coding engineer
A new generative artificial intelligence startup called Cognition AI Inc. is looking to disrupt coding with the launch of a new tool that can autonomously create code for entire engineering jobs, including its own AI models. That tool’s name is Devin, and …
Grafana Labs debuts new features and integrations to enhance Kubernetes observability
Information technology monitoring startup Grafana Labs has announced a long list of updates to its platform in order to help companies to address some of the key challenges around Kubernetes monitoring, ahead of the KubeCon + CloudNativeCon Europe event that kicks off on …
Akamai and Neural Magic team up to accelerate AI workloads on edge CPU servers
Content delivery network and cloud computing company Akamai Technologies Inc. today announced it’s partnering with the artificial intelligence acceleration software firm NeuralMagic Inc. to bolster the AI processing capabilities of its cloud infrastructure platform. The company said it intends to “supercharge” its …
New cloud deals and demand for generative AI drive strong growth for Oracle
Shares of the database giant Oracle Corp. rose more than 13% in extended trading today after it posted a solid earnings beat, with particularly strong results in its growing cloud business. The company reported third-quarter earnings before certain costs such as stock …
Ocient closes on $49.4M funding round to streamline always-on data analytics
Hyperscale data processing and analytics startup Ocient Inc. said today it has closed on a bumper $49.4 million round of funding to advance its products and expand its customer base. The round is an extension of its previous $40 million Series B …
IoT asset tracking provider Samsara reports big jump in revenue, and its stock jumps too
Asset-tracking systems provider Samsara Inc. delivered strong fiscal fourth-quarter earnings results today and offered impressive guidance for the current quarter, sending its stock much higher in late trading. The company reported earnings before certain costs such as stock compensation of four cents …