Mike Wheatley
Latest from Mike Wheatley
Pinecone scales its vector database to support more demanding workloads
Vector database startup Pinecone Systems Inc. today announced a new, high-performance deployment option for customers that need to support the most demanding enterprise use cases. It’s called Dedicated Read Nodes or DRN, and it’s now available in public preview, giving customers access to reserved capacity for low-latency queries with predictable performance and cost. The company explained ...
Procure AI lands $13M in funding to automate business procurement tasks
The business of sourcing components and supplies and agreeing contractual terms might not be very exciting, but it sure is important, and that’s precisely why Procure AI Ltd.’s seed funding round is worthy of attention. The startup today said it has raised $13 million in an investment round led by Headline, with participation from C4 Ventures, ...
Kovant wants to become the nerve center of enterprise agentic AI operations after pre-seed funding
Swedish agentic operations startup Kovant, officially known as Kovan AB, today is launching its platform globally after closing on $1.5 million in a pre-seed funding round led by J12 Ventures. The round also saw participation from Ampli, Green Ventures and a number of prominent angel investors. Stockholm-based Kovant says it wants to help industrial enterprises ...
Dismal revenue outlook crushes optimism around Nutanix and its stock tanks
Shares of Nutanix Inc. tanked in late trading today after the company cut its full-year revenue outlook and delivered mixed financial results, with sales falling short of Wall Street’s estimates. The stock was down more than 16%, wiping out modest gains it had made earlier in the year. For fiscal 2026, the company said it’s ...
NetApp raises its full-year earnings and revenue forecast and its stock rises
Data storage company NetApp Inc. delivered earnings and revenue that came in ahead of Wall Street’s forecasts and raised its guidance for the full year, citing strong demand from customers pursuing artificial intelligence projects. Investors liked what they saw, and the company’s stock moved higher in extended trading. The company reported second-quarter earnings before certain ...
Dell’s stock rises on AI server demand, but HP slides after announcing layoffs and weak guidance
Shares of the personal computer makers Dell Technologies Inc. and HP Inc. were heading in opposite directions in the after-hours market today after offering contrasting guidance for the next three months. In the case of Dell, which is still led by its namesake founder Michael Dell (pictured) investors looked bullish after the company forecast stronger-than-expected ...
Firefly AI says it can make apps almost invulnerable to cloud outages
Cloud infrastructure-as-code startup Firefly AI is turning its attention to cyberattack recovery with a new Cloud Resilience Posture Management offering. Starting today, it says it can help enterprises recover from major cyberattacks and cloud outages in minutes, simply by teleporting their entire application environments onto fresh infrastructure that’s ready to spring into action at a ...
Agentic resiliency startup Vijil raises $17M to safeguard AI agents continuously
A startup called Vijil Inc. said today it has raised $17 million in funding to accelerate the development of its artificial intelligence agent resiliency platform. The round was led by BrightMind Partners and included participation from Mayfield and Gradient, bringing the company’s total amount raised to $23 million. Vijil is building the “trust infrastructure” for ...
SUSE’s MCP Server tech preview lays foundation for AI-assisted Linux infrastructure
Enterprise Linux company SUSE SE today announced a milestone in its mission to create an artificial intelligence-assisted computing infrastructure, where complexity is brushed aside in favor of simple, natural language commands. The company has just launched a tech preview of the SUSE Multi-Linux Manager and Trento Model Context Protocol server, as part of its ongoing ...
Microsoft debuts Fara-7B, a small ‘computer-use’ model that runs natively on PCs
Microsoft Corp. today showcased its vision of an agentic artificial intelligence future for everyday consumers with the launch of its newest model Fara-7B, which can run locally on personal computers and is smart enough to use them to complete tasks. The company said in a blog post that Fara-7B is its first agentic small language ...