Mike Wheatley
Latest from Mike Wheatley
Shares of the chipmaker Advanced Micro Devices Inc. traded lower in late trading today after the company slightly disappointing fourth-quarter earnings results and offered a forecast that came up light. The company’s stock fell more than 6% in the extended trading session, …
Alphabet’s stock falls as advertising revenue falls short of Wall Street’s targets
Shares of Alphabet Inc. fell more than 5% in after-hours trading today after it reported a solid fourth-quarter earnings beat but missed expectations on advertising revenue. The company reported its fastest quarter in terms of revenue growth since early 2022, with sales …
SAP announces new migration program to help ERP customers embrace the cloud
Information technology software giant SAP SE said today it’s launching a new RISE with SAP Migration and Modernization program to help companies move their enterprise resource planning environments to the cloud, where they can benefit from an increased pace and level of innovation. …
Super Micro’s stock pops on monster earnings and revenue outlook
Shares of the computer server maker Super Micro Computer Inc. rallied in late trading today after the company beat Wall Street’s targets with its second-quarter financial results and followed up with a stunning forecast that blew analysts’ targets out of the water. …
Meta releases more powerful Code Llama 70B model for writing software
Meta Platforms Inc. today announced a new and enhanced version of its code-generating artificial intelligence model, Code Llama, which comes with increased processing power, greater accuracy and support for specific programming languages, such as Python, C++, Java and PHP. Code Llama 70B is …
Italian data protection regulator accuses OpenAI of violating GDPR rules
Italy’s data protection authority has OpenAI’s ChatGPT lined up in its sights: After briefly banning the service from being used last year because of alleged privacy violations, the Garante today formally filed charges against the artificial intelligence developer. According to TechCrunch, the Garante hasn’t …
OpenAI offers new embedding models, updates GPT-4 and GPT-3.5, and lowers API access cost
Artificial intelligence pioneer OpenAI today announced it is launching a new generation of embedding models that have the ability to convert text inputs into a numerical form for use in various machine learning applications. That came as the company also unveiled new …
Intel’s stock tanks on lower sales forecast
Shares of Intel Corp. fell more than 10% in the after-hours session today after the company provided an outlook for its fiscal 2024 first quarter that trailed Wall Street’s expectations. The lower guidance overshadowed a solid earnings beat, with the chipmaker posting …
MLCommons aims to become the gold standard for measuring AI performance on PCs
MLCommons, the nonprofit entity that’s best known for its artificial intelligence performance benchmarks, said today it is forming a new MLPerf Client working group. The aim of the group is to establish benchmarks to measure the capabilities of desktops, laptops and workstations …
Box snaps up enterprise content management startup Crooze
Cloud content management company Box Inc. said today it has acquired the document automation and content services startup Crooze Corp. in order to offer its customers more tools for managing enterprise documents. Box revealed the acquisition of Crooze, which was co-founded by …