Mike Wheatley
Latest from Mike Wheatley
HCM software firm UKG to integrate Google Cloud’s generative AI
Human capital management software provider Ultimate Kronos Group Inc. said today it’s tapping into Google Cloud’s generative artificial intelligence offerings to transform the decision-making process for business leaders. UKG sells a cloud-based human capital management software platform that offers payroll, talent management, learning and onboarding, workforce management, workforce planning and analytics capabilities. The company explained ...
UVeye, creator of an AI-powered vehicle inspection system, raises $100M in funding
Automated vehicle inspection systems startup UVeye Inc. said today it has closed on a $100 million funding round led by Hanaco VC. The Series D round, which also saw participation from existing investors GM Ventures, CarMax, W.R. Berkley Corporation, F.I.T. Ventures L.P. and various Israeli institutional investors, brings the company’s total amount raised to date ...
Flexible e-commerce funding platform 8fig raises $140M
8fig Ltd., a startup that offers continuous funding and management services to e-commerce businesses, said today it has just closed on a hefty amount of money of its own, raising $140 million in a new financing round. Today’s Series B round, which involves combined equity and debt, was led by Koch Disruptive Technologies and included ...
LightSolver debuts ‘laser processing unit’ as alternative to quantum computing and supercomputers
High-performance computing startup LightSolver Ltd. today announced what it says is the world’s first pure “laser-based processing unit,” providing businesses with an alternative to expensive supercomputers and unstable quantum computing platforms. The LightSolver LPU is designed to solve business challenges that involve multiple variables. Defined as “NP-hard optimization problems,” they traditionally require specific mathematical models ...
Western Digital beats expectations but its losses mount
Western Digital Corp. posted financial results that surpassed Wall Street’s expectations today, only to follow up with weak guidance for the current quarter in a sign that demand for memory chips will likely take longer than expected to recover. The company’s stock initially slumped in extended trading but recovered and ended the day up more ...
Google confirms the Pixel Fold will launch next week
Google LLC has finally confirmed long-running rumors that it will introduce its first foldable smartphone. Today, the company unveiled its upcoming Pixel Fold device, which will be launched at next week’s Google I/O 2023 event. For now, the company is offering a brief teaser of what we can expect, posting a video that shows what ...
Dropbox delivers another quarter of steady revenue growth, pleasing investors
File-sharing company Dropbox Inc. comfortably beat Wall Street’s expectations today as it delivered its fiscal first-quarter financial results, boosting its stock by more than 8% in after-hours trading. The company reported a first-quarter net income of $69 million, down from the $79.7 million profit it recorded one year earlier. Earnings before certain costs such as ...
Strong iPhone sales drive Apple to solid earnings and revenue beat
Apple Inc. returned to form as it delivered its fiscal second-quarter earnings report today, beating Wall Street’s expectations thanks to stronger than expected iPhone sales. The company couldn’t prevent its overall sales declining for the second quarter in a row, though, and its finance chief Luca Maestri warned investors that revenue will likely decline in ...
Dell debuts new managed services for ML developers and data scientists
Dell Technologies Inc. said today it’s hoping to make life easier for application developers and data scientists with the launch of a trio of new managed service offerings. The technology infrastructure giant said today the Dell Managed Developer Cloud, Dell Managed Services for MLOps and Colocation with Dell Technologies Services offerings are all being made ...
Openlayer, creator of tools for testing and verifying machine learning models, raises $4.8M
Openlayer Inc., the creator of a novel platform for testing artificial intelligence and machine learning models, said today it has closed on a $4.8 million seed funding round. The round was led by Quiet Capital and saw participation from Picus Capital, YCombinator, Hack VC, Liquid2 Ventures, Mantis VC and a host of angel investors including Instagram ...