Mike Wheatley
Latest from Mike Wheatley
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 ...
Arista Networks beats expectations, but weakening demand weighs on stock
Shares of Arista Networks Inc. fell more than 6% in extended trading today after the company warned that some of its biggest customers might be about to cut back on spending. The warning came as a surprise, as Arista had just delivered strong first-quarter earnings results that comfortably beat Wall Street’s expectations, sending its stock ...
Alteryx delivers mixed earnings results as it plans to cut 11% of its staff
Big-data company Alteryx Inc.’s shares fell sharply in extended trading today after it delivered mixed results in its first-quarter earnings report and offered weak guidance for the months ahead. The report came as Alteryx announced a “workforce reduction plan” in which it will lay off 11% of its staff. These Alteryx layoffs are expected to ...
Intel posts its biggest-ever loss, but stock rises on signs of a turnaround
Chipmaker Intel Corp. posted the biggest quarterly loss in its history today and said it expects to remain in the red in the coming quarter, amid a sharp decline in personal computer sales that has seriously dented its business. The company reported a first-quarter net loss of $2.8 billion, or 66 cents a share, reversing ...
Amazon’s stock dips on uncertainty over AWS cloud growth
Shares of Amazon.com Inc. initially popped in extended trading as the company reported a solid first-quarter earnings beat, but investor sentiment rapidly cooled as company executives raised concerns over the growth of Amazon Web Services Inc., its cloud computing subsidiary, and the stock ended the day down more than 2%. Amazon reported first-quarter revenue of ...