Mike Wheatley
Latest from Mike Wheatley
JFrog’s shares jump as its cloud revenue grows almost 50%
Software supply chain company JFrog Ltd. kicked off its fiscal 2023 year with an impressive earnings and revenue beat, and its share price rose more than 7% in after-hours trading as investors nodded their appreciation. The company reported earnings before certain costs such as stock compensation of six cents per share, blowing past Wall Street’s ...
Cloud growth drives Confluent’s impressive earnings and revenue beat
Big-data streaming company Confluent Inc. delivered a strong earnings and revenue beat as it posted its first-quarter financial results today, sending its stock higher in late trading. The Mountain View, California-based company reported a net loss of $152.6 million, rising from the $112.9 million loss it posted one year earlier. Losses before certain costs such ...
Qualcomm’s stock sinks on revenue decline and warning of worse to come
Shares of smartphone chipmaker Qualcomm Inc. trended down in after-hours today as the company revealed how macroeconomic forces had eaten away at its sales in the second quarter. Its revenue declined 17% compared to the same period one year earlier, and the situation is not going to get better anytime soon, the company said. Qualcomm reported second-quarter ...
Salesforce’s Einstein GPT promises to accelerate sales with generative AI
Salesforce Inc. said today it’s adding new generative artificial intelligence and real-time data capabilities to its Sales Cloud, Service Cloud and Data Cloud offerings. The updates include an enhanced version of Einstein, which is Salesforce’s trust AI assistant for all things customer relationship management, and a new version of Tableau specifically for sales teams. The new ...
Aisera taps generative AI to process customer and employee service requests
Aisera Inc., a well-funded startup that provides artificial intelligence tools for companies to enhance employee and customer experiences, said today it’s partnering with Microsoft Corp. to deliver a new AI copilot for enterprise service experiences. According to Aisera, enterprise customer service teams will be able to use the AI Copilot to improve self-service, productivity and ...
AMD’s stock sags on 9% revenue decline and soft guidance
Computer chipmaker Advanced Micro Devices Inc. delivered first-quarter financial results today that came in above expectations, but its stock fell on a weak outlook for the current quarter, even as officials promised renewed growth in the second half of the year. The company reported earnings before certain costs such as stock compensation of 60 cents ...
Nvidia to announce breakthrough AI research for computer graphics
Researchers from Nvidia Corp. have announced a number of innovations focused on helping developers and artists combine artificial intelligence with computer graphics software to bring their creative ideas to life. The company says it will release no less than 18 new research papers detailing its innovations at SIGGRAPH 2023, an annual conference focused on computer ...
New Relic debuts Grok, a generative AI assistant for observability operations
Having already introduced observability tools for generative artificial intelligence models such as ChatGPT, New Relic Inc. is now turning around and leveraging generative AI’s capabilities to assist with observability tasks. The company said today it’s launching a new AI assistant for observability called Grok in limited preview that will eliminate the need for engineers to ...
SAP adds more AI smarts to its enterprise resource planning software with IBM Watson
Software giant SAP SE said today it’s expanding its long-running partnership with IBM Corp. to embed IBM Watson artificial intelligence smarts into its wide range of enterprise resource planning systems. The company said IBM Watson will be integrated with numerous offerings, including its digital assistant SAP Start, which serves as a unified entry point into ...
Box embeds generative AI into its Content Cloud
Cloud content management provider Box Inc. is integrating OpenAI LP’s most advanced generative artificial intelligence models into Box Content Cloud, making it easier for enterprise workers to extract insights from the data they work with. Announced at Box’s Content Cloud Summit today, Box AI is billed as a suite of AI capabilities that will primarily ...