Mike Wheatley
Latest from Mike Wheatley
Microsoft’s new Supply Chain Platform combines data and AI to help fix logistics and inventory problems
Microsoft Corp. wants to help enterprises keep on top of their supply chain management operations, so they can save on carbon emissions and ensure the kinds of global shortages of products that hit the world during the COVID-19 pandemic can be avoided in future. To that end, the company announced the launch of the new ...
Strong user growth helps gamified learning app Duolingo beat expectations
Language learning platform Duolingo Inc. managed to beat Wall Street’s expectations for its third-quarter financial results, but its stock fell slightly in after-hours trading. The company reported a loss before certain costs such as stock compensation of 46 cents per share, improving from the 98-cent loss it posted a year earlier. Revenue for the period ...
D-Wave reports strong revenue growth as it expands its customer base
Quantum computing systems maker D-Wave Systems Inc. displayed strong revenue growth today but its third-quarter financial results were mixed, as it fell short of Wall Street’s earnings targets. The company, an early pioneer in quantum computing, reported a loss before costs such as stock compensation of 11 cents per share on revenue of $1.7 million, ...
Dell refreshes its PowerEdge server systems with models powered by AMD’s EPYC Genoa CPUs
Dell Technologies Inc. has announced a revamped lineup of PowerEdge servers that will be powered by Advanced Micro Devices Inc.’s 4th Gen EPYC Genoa central processing units. The latest generation of AMD’s EPYC chips were unveiled today, and Dell wasted little time in showing how it intends to put that newer silicon to use in ...
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 ...