Mike Wheatley
Latest from Mike Wheatley
Generative artificial intelligence models such as ChatGPT are known to consume vast amounts of energy, but few people are aware of the enormous amounts of water required to keep them up and running too. In their latest environmental reports, Microsoft Corp. and …
Meta Platforms reportedly building open-source generative AI system to rival OpenAI’s ChatGPT
Facebook and Instagram parent Meta Platforms Inc. is looking to rival OpenAI LP in the generative artificial intelligence landscape with an alternative, but open-source model that’s likely to be as powerful as GPT-4. Meta’s new model will be “several times more powerful” …
Anthropic announces Claude Pro, a paid subscription for its generative AI chatbot
Generative artificial intelligence startup Anthropic, one of the major rivals to OpenAI LP and ChatGPT, today announced the availability of a paid subscription plan that offers users advanced chatbot features. Claude Pro is the first paid plan for Anthropic’s Claude 2 chatbot …
SAP acquires German startup LeanIX to help customers modernize their tech stacks
German enterprise resource planning software giant SAP SE today said it has snapped up a startup called LeanIX GmbH, which sells tools that offer enterprises a complete picture of their entire software stacks. The financial terms of the deal were not disclosed, …
DocuSign brushes aside macro pressures, topping forecasts to send its stock higher
Shares of the electronic signature company DocuSign Inc. rose 3% higher in after-hours trading today after it reported earnings that beat expectations and raised its full-year outlook. The gains helped erase an earlier decline of just over 1% during the regular trading …
Report: Big-data company Alteryx holding talks about possible sale
The publicly traded big data software company Alteryx Inc. is reportedly exploring the possibility of a sale to private equity firms, having seen its market capitalization fall by almost half over the last 12 months. A report by Reuters says Alteryx is …
Strong earnings and revenue beats overshadow soft guidance to send Couchbase’s stock higher
Cloud database-as-a-service company Couchbase Inc. beat analysts’ expectations as its second-quarter revenue rose 8%, sending its stock about 3% higher in extended trading. The company reported a loss before certain costs such as stock compensation of 17 cents per share, coming in …
UiPath’s earnings and revenue beats send stock higher, despite conservative forecast
Shares of UiPath Inc. ticked up more than 5% in extended trading today, as its strong second-quarter earnings and revenue beats overshadowed a light forecast for the current quarter. The company reported a loss of $60.4 million, down by almost 50% from the …
Pynt raises $6M as it announces general availability of its API security autopilot
Pynt Inc., creator of an security autopilot tool for application programming interfaces, said today it has closed on a $6 million seed funding round as it launches its platform into general availability. Today’s round was led by Joule Ventures and saw participation …
Slack adds new generative AI tools to enhance collaboration, automation and team work
Hot on the heels of Slack Sales Elevate and Slack GPT, Salesforce Inc. today announced yet more artificial intelligence capabilities in its collaboration tool with Slack AI, Workflow Builder and Slack Lists. Announced a week ahead of Salesforce’s Dreamforce 2023 conference in San …