Mike Wheatley
Latest from Mike Wheatley
Google’s PaLM-E embeds vision with ChatGPT-style AI model to power autonomous robots
Researchers from Google LLC and the Technical University of Berlin this week unveiled an artificial intelligence-powered robot trained on a multimodal embodied visual-language model with more than 562 billion parameters. PaLM-E, as the model is called, integrates AI-powered vision and language to enable autonomous robotic control, allowing the robot to perform a wide range of ...
Generative AI startup Anthropic raises another $300M, bringing its value to $4.1B
Barely a month after raising hundreds of millions of dollars in funding from Google LLC, the San Francisco-based artificial intelligence startup Anthropic has closed on another round of financing that’s said to be worth $300 million. The round, which brings Anthropic’s value to $4.1 billion, was led by Spark Capital. The news was first reported ...
MongoDB’s stock falls as light revenue outlook overshadows solid earnings beat
A light revenue forecast for the coming quarter and full year weighed heavily on MongoDB Inc.’s stock in extended trading today, overshadowing what was a strong fourth-quarter earnings and revenue beat. The database company reported earnings before certain costs such as stock compensation of 57 cents per share on revenue of $361.3 million, up 36% ...
SAP debuts Datasphere, the next generation of its cloud data warehouse
Business software giant SAP SE said it’s aiming to help enterprises eliminate the complexities of accessing and using data scattered across disparate systems and locations with today’s launch of its new SAP Datasphere platform. SAP Datasphere is the next generation of SAP Data Warehouse Cloud, designed to serve as the main, centralized integration point for ...
Google I/O 2023 developer conference to kick off on May 10
Google LLC today revealed that its annual I/O conference for developers will take place on May 10 near its headquarters in Mountain View, California, but it will involve only a “limited live audience” and will be open to everyone else online. Google I/O is an annual event that’s geared for developers building on Android and Google ...
Couchbase beats earnings and revenue targets and its stock inches higher
Shares of the database company Couchbase Inc. were trading higher after-hours today, after it posted fourth-quarter financial results that beat Wall Street’s expectations. The company reported a loss before certain costs such as stock compensation of 18 cents per share, well ahead of Wall Street’s forecast of a 34-cent loss. Revenue for the period rose ...
Kubernetes traffic replication startup Speedscale raises $9M
Kubernetes traffic replication startup Speedscale Inc. said today it’s ready for primetime after raising $9 million via its pre-seed and seed funding rounds. The funding was led by Grotech Ventures and saw participation from Sierra Ventures, Tech Square Ventures, Correlation Ventures, CreativeCo, Tom Noonan, Wally Wang and TIE Atlanta. Although relatively unheard of, Speedscale claims ...
PerfectScale launches SaaS tool for Kubernetes performance and cost optimization
PerfectScale Inc. announced the general availability of its continuous optimization platform for Kubernetes today, giving companies a new option to automate the stability of their information technology environments. The software-as-a-service platform is aimed at companies that manage distributed, large-scale Kubernetes environments, which are used to manage modern, containerized applications. As PerfectScale explains, optimizing these environments ...
SOCi raises $120M to beef up its multi-location marketing platform with AI
SOCi Inc., the creator of a marketing software platform that’s aimed at multi-location brands, said today it has closed on a bumper $120 million round of funding that it plans to invest in artificial intelligence-powered products. Today’s round was led by JMI Equity, a growth equity firm that specializes in enterprise software startups. The round ...
Domo founder Josh James returns to the company’s hot seat as its new CEO
Business intelligence software firm Domo Inc. did an about-face today, announcing that founder and former Chief Executive Josh James has returned to the hot seat, replacing outgoing CEO John Mellor. News of Domo’s executive reshuffle came as the company reported fourth-quarter financial results that beat Wall Street’s expectations. Despite that, the company’s stock fell 4% ...