Mike Wheatley
Latest from Mike Wheatley
Neurelo Inc., a startup that has created a cloud-based data application programming interface platform for PostgreSQL, MongoDB and MySQL databases, launched today armed with $5 million in seed funding. The round was led by Foundation Capital and saw participation from Cortical Ventures, Secure …
Qualcomm beats the Street’s estimates but warns of slow smartphone recovery
Qualcomm Inc. blew past Wall Street’s quarterly earnings and revenue forecasts as it delivered its fiscal first-quarter 2024 results, but its stock traded lower after the smartphone chipmaker issued cautious guidance. The company reported earnings before certain costs such as stock compensation of …
Samsung records lowest annual profit in more than 15 years
Shares of Samsung Electronics Co. Ltd. were trading lower late today after the company delivered its weakest annual earnings in more than a decade, with its operating profit falling by 3% from a year earlier. The company reported fourth-quarter revenue of 67.8 …
Light guidance weighs heavily on AMD, sending its stock lower
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 …