Mike Wheatley
Latest from Mike Wheatley
Intel debuts powerful Max Series CPUs and GPUs for high-performance computing and AI
Intel Corp. is looking to compete with rivals Advanced Micro Devices Inc. and Nvidia Corp. in the high-performance computing and artificial intelligence markets with the launch of its latest product family, the Intel Max. The Intel Max series is comprised of both central processing units and graphics processing units. The Intel Xeon CPU Max Series, ...
Rackspace racks up another loss as restructuring plans take shape
Troubled cloud services provider Rackspace Technology Inc. appears to have carved out a little breathing space after delivering third-quarter financial results that beat expectations today. The company reported earnings before costs such as stock compensation of 10 cents per share, edging past Wall Street’s target of nine cents per share. Revenue for the period rose ...
Observe.AI to infuse conversational intelligence into Zoom’s Contact Center platform
Intelligent contact center software firm Z21 Labs Inc., better known as Observe.AI, said today it’s integrating its conversation intelligence capabilities with Zoom Video Communications Inc.’s new contact center offering. With the integration, companies that use Zoom Contact Center to handle customer service operations will benefit from a range of artificial intelligence-powered insights into their customer ...
GitHub expands AI-powered Copilot to developer teams
The popular software development hosting service GitHub Inc. is making life easier for coders of all shapes and sizes with a raft of updates and new features announced at its annual GitHub Universe event today. The big news is that GitHub’s artificial intelligence-powered Copilot tool is being made available to businesses of all sizes. The ...
New Relic’s stock moves higher on earnings and revenue beat
Observability firm New Relic Inc. delivered strong fiscal second-quarter financial results today, topping Wall Street’s expectations on earnings and revenue. The company reported earnings before certain costs such as stock compensation of 13 cents per share on revenue of $226.9 million, up 16% from a year ago. Analysts had been targeting a loss of six ...
GlobalFoundries delivers record earnings on sustained demand for lower-end commodity chips
Shares of the computer chipmaker GlobalFoundries Inc. gained ground in regular trading today after the company reported solid third-quarter financial results that topped Wall Street’s expectations. The contract chip manufacturer reported earnings before certain costs such as stock compensation of 67 cents per share, up by seven cents from the same quarter last year and ...
Equinix debuts highly distributed, low-latency bare metal deployment option for VMware Cloud
Data center infrastructure firm Equinix Inc. said today it’s partnering with virtualization software giant VMware Inc. to give enterprises a new, bare metal deployment option for VMware Cloud. The new offering is called VMware Cloud on Equinix Metal. It’s billed as a distributed cloud service that enables companies to deploy higher performing and more cost-effective applications ...
Exotanium raises $12M to optimize cloud efficiency while reducing costs by up to 90%
Cloud resource optimization startup Exotanium Inc. said today it has secured the funds it needs to support its future product roadmap after closing on a $12 million Series A round of funding led by Cambium Capital and Celesta Capital. Exotanium is a startup with a lot of promise, offering cloud infrastructure optimization tools that it ...
Weak guidance sends Five9’s stock down in after-hours trading
Call center software provider Five9 Inc.’s stock took a hammering in after-hours trading today after the company provided weak guidance for the coming quarter and full year. The company did quite well in the quarter just gone, reporting earnings before certain costs such as stock compensation of 39 cents per share. That came in above ...
DigitalOcean’s weak outlook raises concerns of cloud computing slowdown
Developer-focused cloud computing infrastructure provider DigitalOcean Holdings Inc. beat expectations today as it posted its third quarter financial results, but tepid guidance suggests it’s not immune to weakness in the public cloud market. The company reported net income of $9.4 million for the quarter. Earnings before certain costs such as stock compensation, came to 38 cents ...