Mike Wheatley
Latest from Mike Wheatley
CoreWeave ups its spending forecast as revenue guidance falls short, and its stock sinks
Shares of the cloud data center company CoreWeave Inc. were trading more than 8% lower after-hours following mixed first-quarter earnings results and a lower-than-expected forecast for the current quarter. The company also increased its capital expenditures spending forecast, further eroding investor confidence in what has been one of the hottest stocks on Wall Street so ...
AI product team startup Pit raises $16M from a16z and others to automate enterprise workflows
Legendary venture capital firm Andreessen Horowitz is backing the artificial intelligence-native “product team-as-a-service” startup Pit in its first major funding round. It served as the lead investor in the $16 million round, announced today. It also saw participation from Lakestar and senior executives from AI giants OpenAI Group PBC and Anthropic PBC, as well as ...
Anthropic is letting Claude agents ‘dream’ so they don’t sleep on the job
Anthropic PBC said today it’s giving its AI agents the ability to “dream” and remember past interactions and work they’ve performed so they can identify recurring mistakes and improve over time. In an update announced at the Code with Claude developer conference, Anthropic said it’s giving Claude Managed Agents a new “dreaming” capability. It’s not ...
Arm’s stock sinks even as it reveals strong interest in its CPUs for AI servers
Shares of Arm Holdings plc surprisingly lost ground in extended trading today after the chip design firm reported fourth-quarter financial results that surpassed Wall Street’s expectations. Arm also revealed an encouraging figure relating to its plans to start manufacturing complete central processing units itself. It reported earnings before certain costs such as stock compensation of 60 cents ...
Collibra’s new AI Command Center promises to combat agentic hallucinations
Big data management startup Collibra BV is trying to position itself as the nerve center for artificial intelligence agents with the launch of its new AI Command Center offering. It’s designed to give enterprises a simple way to orchestrate fleets of governed AI agents in real time with minimal hassle. With Collibra’s AI Command Center, companies ...
Arista’s stock declines despite another solid earnings and revenue beat
Shares of Arista Networks Inc. were tumbling in late trading today, even though the company delivered a solid earnings and revenue beat and offered guidance that came in above Wall Street’s expectations. For the first quarter of fiscal 2026, Arista delivered earnings before certain costs such as stock compensation of 87 cents per share, while ...
AMD’s stock rises on surging demand for CPUs and GPUs for AI workloads
Semiconductor giant Advanced Micro Devices Inc. coasted to another solid earnings and revenue beat as it delivered its first-quarter financial results today. Its guidance for the current quarter came up strong too, thanks to soaring demands for data center chips that power artificial intelligence workloads. The company reported earnings before certain costs such as stock ...
OpenAI’s new GPT-5.5 Instant makes ChatGPT smarter, with more concise and reliable responses
OpenAI Group PBC is replacing the default model in ChatGPT with the launch of GPT-5.5 Instant, claiming users will notice fewer hallucinations when it’s discussing “sensitive topics” such as finance, law and healthcare. ChatGPT should also feel “smarter and more accurate” in general, OpenAI said. In addition, responses should also feel more concise, with the ...
Astera Labs debuts new Scorpio smart fabric data center switch to scale up AI compute clusters
Networking chip company Astera Labs Inc. is trying to ease the traffic congestion in artificial intelligence data centers with the launch of the latest generation of its Scorpio smart data fabric switch family, the X-series. According to the company, it’s the largest open and “memory-semantic” fabric switch in the industry, designed to help hyperscale data ...
QuantWare raises $178M to become the TSMC of quantum computing
Netherlands-based quantum computing hardware company QuantWare B.V. said today it has raised $178 million in funding to accelerate its plans of creating an “open architecture” for the industry. The round was announced alongside the debut of VIO-40K, a new quantum processor architecture that supports the development of chips with up to 10,000 qubits, about 100 ...