Mike Wheatley
Latest from Mike Wheatley
IBM shutters Cloud for Education service just two years after launch
IBM Corp. has quietly retired its Cloud for Education offering, a service that was launched just a couple of years ago. The service was intended to provide compute infrastructure and services for academic and research lab workloads. Cloud for Education, which made its debut back in 2021, was geared toward educational institutions. The launch came at ...
Kinnu, creator of a generative AI-powered learning app, raises $6.5M in funding
Kinnu Ltd., an education technology startup using generative artificial intelligence to create content for adult learners, has raised $6.5 million in a new funding round announced today. The round was led by LocalGlobe and Cavalry Ventures and saw participation from Spark Capital and Jigsaw, plus angel investors, including Google Ventures’ Tom Hulme and Snyk Inc. ...
Quantagonia raises €4.3M to bridge classical and quantum computers
Quantum computing software startup Quantagonia GmbH said today it has completed its seed funding round, which combined with an earlier pre-seed round brings its total amount raised to €4.3 million (around $4.68 million). Today’s round was led by Tensor Ventures and saw the participation of three European deep tech venture capital firms, plus a state ...
Report: EU expected to launch new antitrust investigation into Microsoft
Microsoft Corp. could find itself the target of a new antitrust investigation in Europe after talks with regulators aimed at averting such a move broke down, Reuters reported Monday. The investigation stems from a 2020 complaint by the Salesforce Inc.-owned messaging app Slack, relating to Microsoft’s 2017 decision to bundle its Teams collaboration application with Office 365, ...
Court filing shows Microsoft Azure generated lower-than-expected $34B in revenue in 2022
Documents filed by antitrust regulators in a U.S. court this week have finally shed some light on one of the cloud computing industry’s biggest secrets: the true size of Microsoft Corp.’s Azure cloud business unit. A report today from The Information revealed that internal documents were briefly posted by federal antitrust regulators on a court ...
US and Netherlands to slap China with new ban on exporting chipmaking equipment
China looks set to suffer another blow in its ongoing trade war with the U.S. amid reports that it will be slapped with further restrictions on the sale of computer chipmaking equipment. Reuters reported today that officials in the U.S. and in the Netherlands are working together to prevent China from getting its hands on ...
VMware partners with Samsung, AMD and RISC-V to accelerate confidential computing
VMware Inc. stepped up its efforts to accelerate the adoption of confidential computing today, announcing an alliance with chipmakers Samsung Electronics Co. Ltd. and Advanced Micro Devices Inc., as well as the RISC-V Keystone community. Along with its new partners, VMware will work to promote an open-source project known as the “Certifier Framework for Confidential ...
Meta’s system cards show how AI powers content recommendations on Facebook and Instagram
Meta Platforms Inc. said today it’s releasing a series of “system cards” that describe how the various artificial intelligence-powered content recommendation systems used by Facebook and Instagram work. The move is designed to increase transparency about how AI surfaces content for individual users, based on their history of interactions, likes, interests and friends lists. In a ...
IP Fabric raises $25M in new funding to improve network visibility and security
Automated network assurance startup IP Fabric Inc. received a big boost today as it closed on a $25 million round of funding. The Series B round was led by One Peak and saw the participation of Senovo and Presto Ventures. IP Fabric presents itself as a leader in the growing network assurance space, helping organizations ...
Micron’s stock rises as CEO says memory chip market has bottomed out
Shares of the computer memory chipmaker Micron Technology Inc. moved higher in extended trading today after its chief executive said the market appears to have bottomed out, following better-than-expected quarterly results. The company reported a third quarter loss of $1.9 billion, reversing quite dramatically from the $2.63 billion profit it posted in the year-ago period. ...