Mike Wheatley
Latest from Mike Wheatley
LexCheck, creator of AI-powered contract review software, raises $17M
Artificial intelligence-powered contract acceleration and intelligence startup LexCheck Inc. said today it’s ready to grow its platform after closing on a $17 million early-stage funding round. Mayfield Fund led the Series A round, though LexCheck didn’t name any other participants. The company said it will use the funds from today’s round to accelerate the delivery of ...
Meta shares Hasher-Matcher-Actioner tool for detecting and deleting terrorist content online
Meta Platforms Inc., the parent company of Facebook, today said it’s open-sourcing a new piece of software that will allow other internet firms to prevent the spread of terrorist-related material, including violent and extremist images and videos, across the web. The software is known as the Hasher-Matcher-Actioner tool. It will be shared with other social ...
Box Shield adds ‘Ethical Walls’ feature to prevent conflicts of interest
Cloud storage company Box Inc. said today it’s enhancing its Box Shield security tools with new capabilities that include an “Ethical Walls” feature that creates an information barrier to prevent conflicts of interest and the improper use of confidential data. In addition, the security suite is getting an advanced malware scanning capability to reduce the ...
Meta AI’s updated data2vec algorithm enables faster, more efficient self-learning for vision, speech and text AI
Meta Platforms Inc.’s artificial intelligence research team today announced an updated version of its powerful data2vec algorithm that enables extremely efficient self-supervised learning for vision, speech and text-based AI models. The original data2vec was launched in January to overcome the limitations of self-supervised learning, which is a technique where machines can learn without relying on ...
AI-powered consumer insights platform Zappi raises $170M
The artificial intelligence-powered and big-data-focused consumer insights platform ZappiStore Ltd. today said it has closed on a bumper $170 million round of funding led by Sumeru Equity Partners and other co-investors. Zappi, as the company likes to be known, is the creator of a novel ad testing platform that provides creators with centralized access to ...
Snyk closes on $196.5M late-stage funding round but its value drops
Cybersecurity startup Snyk Ltd. announced today that it has closed on a $196.5 million late-stage round of funding led by the Qatar Investment Authority. New investors Evolution Equity Partners, G Squared and Irving Investors also participated in the Series G round, along with existing backers boldstart ventures, Sands Capital and Tiger Global. The deal values ...
Oracle’s stock posts small gain as cloud powers strong revenue growth
Shares of database giant Oracle Corp. ticked up slightly in after-hours trading today after it reported fiscal first quarter results that beat analysts’ expectations, but its earnings forecast for the coming quarter came in lighter than expected. The company reported earnings before certain costs such as stock compensation of $1.21 cents per share, coming in ...
DocuSign’s stock soars as it crushes earnings and revenue estimates
The electronic signature software firm DocuSign Inc. finally caught a break today, posting stronger-than-expected third-quarter financial results that sent its stock much higher in extended trading. The company reported earnings before certain costs such as stock compensation of 57 cents per share, down by just a penny from a year earlier and coming in ahead ...
Broadcom’s stock rises on solid earnings beat as chip sales stay strong
Computer chip giant Broadcom Inc. delivered fiscal fourth-quarter earnings and revenue today that topped expectations, followed by an outlook that came in ahead of estimates, sending its stock higher in extended trading today. Shares of the company rose more than 3% in the after-hours trading session, adding a rise of about 2.5% earlier in the ...
AWS, Google, Microsoft and Oracle all get a piece of the Pentagon’s $9B JWCC cloud computing contract
The Pentagon announced today that Amazon Web Services Inc., Microsoft Corp., Google LLC and Oracle Corp. have each been awarded a share of a $9 billion cloud computing contract that will run through 2028. The Joint Warfighting Cloud Capability contract is aimed at delivering enterprise-wide cloud computing capabilities to the U.S. Defense Department, across all ...