Mike Wheatley
Latest from Mike Wheatley
South African retailer Pick n Pay migrates its entire IT infrastructure to Amazon’s cloud
Amazon Web Services Inc. said today that the South African retail giant Pick n Pay Group has migrated its entire on-premises information technology infrastructure to its public cloud computing platform. The company is holding it up as an example of the seamless transition to its cloud that’s enabled by its migration partner Lemongrass Consulting. Lemongrass ...
Splunk beats forecasts, offers strong guidance, but stock falls on slowdown in new business
Shares of the big-data company Splunk Inc. took a tumble today after it reported a slowdown in its new business pipeline, despite posting better-than-expected second quarter results and boosting its outlook for the fiscal year. The company reported a net loss of $209.7 million for the quarter, down from a $383.9 million loss in the ...
Nvidia’s stock falls as lower gaming sales drag on revenue and guidance
Nvidia Corp.’s stock took another hit today after the company offered a revenue forecast for the current quarter that fell short of analysts’ expectations. That warning came after the company confirmed an expected sharp drop in revenue and profit in the quarter just gone. The company reported net income for the second quarter of just ...
Snowflake’s stock pops on solid revenue beat and strong sales forecast
Cloud data warehouse company Snowflake Inc. is flying high today, its stock up more than 17% in after-hours trading thanks to strong second-quarter financial results and increased guidance for the rest of the year. The company reported a net loss for the quarter of $223 million, rising from a $190 million loss in the same ...
Slim AI automates container vulnerability removal to secure software supply chains
Software container supply chain security firm Slim AI Inc. today announced a revamped version of its Continuous Software Supply Chain Security Solution that it says companies can use to find and remove vulnerabilities on an ongoing basis. In this way, companies can harden their all-important container images and reduce the container attack surface, Slim AI ...
Vector database startup Zilliz raises $60M in Series B funding extension
Startup Zilliz Inc., best known as the creator of the Milvus vector database, announced today it has raised $60 million through an extension to its earlier $43 million Series B round of funding. Prosperity7 Ventures, the diversified growth fund of Aramco Ventures, led the round, which included participation from existing investors such as Temasek’s Pavilion ...
Anyscale raises $99M to build out its distributed AI computing platform
The distributed computing startup Anyscale Inc., founded three years ago by a group of researchers from the University of California at Berkeley, said today it has closed on a $99 million round of funding, adding to the $100 million it raised in December. Today’s Series C round was co-led by existing investors Addition and Intel ...
InfluxData streamlines data pipeline creation for its time-series database
Database startup InfluxData Inc. is adding new functions to its platform today that enable users to collect, process and store time-series data in the InfluxDB Cloud more rapidly. InfluxDB Native Collectors is a new feature that enables developers building with InfluxDB Cloud to subscribe to, process, transform and store real-time data from messaging and other ...
Synthesized and BigID partner on de-identification of sensitive data
British DataOps platform provider Synthesized Ltd. said today it’s partnering with the data protection firm BigID Inc. on a new offering that enables users to generate, mask, subset and then repopulate sensitive data, without risking that some of the information might go missing. Synthesized is the creator of a DataOps platform that’s designed to help ...
Inworld AI raises $50M for its AI-powered, no-code virtual character development studio
Inworld AI said today it has closed on a $50 million early-stage round of funding as it looks to grow adoption of its unique, artificial intelligence-powered virtual character development platform. Today’s Series A round was led by Section 32 and Intel Capital and saw participation from a host of investors including Founders Fund, Accelerator Investments ...