Mike Wheatley
Latest from Mike Wheatley
Storage industry pioneer Pure Storage Inc. delivered strong financial results today, with earnings and revenue both coming in ahead of Wall Street’s targets. Moreover, bolstered by an optimistic outlook, Pure Storage’s stock rose more than 8% in extended trading. The company reported …
Nutanix comfortably beats forecasts despite uncertain macroeconomic backdrop
Storage infrastructure giant Nutanix Inc. reported solid second-quarter financial results today, and its stock was trading higher in after-hours trading as its revenue forecast for fiscal 2024 topped Wall Street’s expectations. The company reported an encouraging second-quarter profit of $32.8 million, improving …
Snowflake’s stock tumbles as CEO Frank Slootman steps down and outlook weakens
Cloud data warehouse company Snowflake Inc. shocked investors today when it announced that its billionaire Chief Executive Frank Slootman will be stepping down immediately, to be replaced by Google LLC’s former ad chief Sridhar Ramaswamy. The company followed that announcement with soft …
Lightricks launches LTX Studio to advance realism in text-to-video generation
Photo and video editing application developer Lightricks Ltd. is looking to take generative artificial intelligence to the next level with the launch of a comprehensive text-to-video tool that promises to transform the art of filmmaking. The new tool, announced today, is called …
Startup Slice, which uses generative AI to ensure equity compliance, raises $7M in seed funding
Global equity management startup Slice Global Ltd. is looking to expand after closing on a $7 million seed funding round led by TLV Partners. Today’s round also saw participation from R-Squared Ventures, Jibe Ventures and the international law firms Wilson Sonsini Goodrich …
Cox Enterprises buys gov tech leader OpenGov for $1.8B
Cox Enterprises Inc., one of the largest privately-held conglomerates in the U.S., today announced it’s buying OpenGov in a deal worth $1.8 billion. The company, which is a family-owned provider of communications and automotive services, among other interests, already held a minority stake …
GitHub’s enterprise-grade Copilot tool is now generally available
Microsoft Corp.-owned GitHub today announced a more advanced version of its artificial intelligence-powered coding assistant that can be customized to a company’s codebase and processes. It’s called GitHub Copilot Enterprise and it’s generally available now. It serves as a companion for developers and …
Intel’s new Intel vPro platform to power the next generation of AI PCs
Intel Corp. is attempting to accelerate artificial intelligence with the debut of its new Intel vPro platform, which integrate Intel Arc graphics processing units and Intel Core 14th Gen central processing units in a single package. The new chips, announced at MWC …
Intenseye, which uses AI computer vision to enhance workplace safety, raises $64M
Workplace safety software provider Intenseye Inc. said today it has closed on what is the largest-ever funding round in its category after raising $64 million in an investment led by Lightspeed Venture Partners. The Series B round also saw the participation of …