Mike Wheatley
Latest from Mike Wheatley
Managed cybersecurity service startup ThreatSpike raises $14M
U.K.-based cybersecurity firm ThreatSpike Ltd. said today it has closed on $14 million Series A funding from Expedition Growth Capital, the first time it has secured outside capital since being founded 14 years ago. The company has built what it says is a “next-generation managed security service” that provides both the technology and the expertise ...
Elon Musk’s xAI launches $5B debt sale to fuel AI infrastructure investments
XAI Corp., the artificial intelligence startup founded by Elon Musk, is arranging a $5 billion debt sale that will help the company to keep up its lavish spending on data center infrastructure as it strives to keep pace with rivals such as OpenAI and Google LLC. The debt sale was first reported today by Bloomberg, ...
Quantum startup Infleqtion eyes defense industry applications after raising $100M
Infleqtion Inc. said today it has raised $100 million from a host of venture capital investors and the government services contractor Science Applications International Corp. to accelerate the development of its neutral atom-based quantum computers. The company’s latest round was led by new, existing and strategic investors, including SAIC, Glynn Capital, Morgan Stanley’s Counterpoint Global fund, ...
Snowflake buys Crunchy Data to add more bite to its AI agents
Snowflake Inc. said today it’s buying a database startup called Crunchy Data Solutions Inc. in a $250 million deal that’s expected to close imminently, bolstering its agentic artificial intelligence capabilities. Crunchy Data’s team of about 100 employees will join Snowflake once the deal closes and its technology wlll become the foundation of a new offering called ...
Semantic data layer startup Cube automates analytics with AI agents
Cube Dev Inc., the creator of an open-source semantic layer that simplifies access to data from disparate systems, is launching an “agentic analytics” platform that uses artificial intelligence to automate data analytics tasks. With D3, Cube says, it can scale up the productivity of business workers and enable them to explore data independently, without needing ...
Chipmaker Marvell delivers to expectations but its stock declines after-hours
Chipmaker Marvell Technology Inc. reported earnings and revenue that just edged past analysts’ expectations today, but its guidance failed to stir much excitement and its stock was headed lower in extended trading. The company reported first-quarter earnings before certain costs such as stock compensation of 62 cents per share, squeezing past Wall Street’s target of ...
Strong execution and agentic AI tailwinds help UiPath beat expectations
Business automation software company UiPath Inc. is flying high today, with its stock surging more than 11% after hours on better-than-expected financial results and strong guidance for the current quarter. The company reported first-quarter earnings before certain costs such as stock compensation of 11 cents per share, edging past Wall Street’s view of a 10-cent-per-share ...
Dell’s stock moves higher on strong AI server demand and bullish revenue outlook
Dell Technologies Inc. cited strong demand for artificial intelligence servers as the reason for its extremely bullish revenue guidance today, sending its stock higher in the after-hours trading session. The company issued its forecast shortly after posting mixed first-quarter financial results, where it beat analysts’ expectations on sales but came up short on earnings. The ...
EnCharge’s EN100 accelerator chip sets the stage for more powerful on-device AI inference
EnCharge AI Inc. said today its highly efficient artificial intelligence accelerators for client computing devices are almost ready for prime time after more than eight years in development. The startup, which has raised more than $144 million in funding from a host of backers that include Tiger Global, Maverick Silicon and Samsung Ventures, has just ...
Anomalo expands data quality insights to unstructured information
Anomalo Inc. today launched a new tool that aims to help enterprises keep check on the unstructured information that’s becoming critical to the success of artificial intelligence systems. The Databricks Inc.- and Snowflake Inc.-backed startup says its new Unstructured Data Monitoring tool gives enterprises an easy way to spot any problems with the enormous volumes of ...
