Mike Wheatley
Latest from Mike Wheatley
Strong data center chip sales help keep Nvidia’s head above water
Shares of the computer graphics chip giant Nvidia Corp. gained slightly in after-hours trading, despite its revenue guidance for the coming quarter falling just shy of analysts’ expectations. The chipmaker delivered mixed results in its third-quarter report. Earnings before certain costs such as stock compensation came to 58 cents per share, below Wall Street’s forecast ...
Cisco’s stock rises after networking giant reveals strong earnings, restructuring plan
Shares of Cisco Systems Inc. traded higher in extended trading today thanks to better-than-expected earnings and revenue during the company’s fiscal first quarter as well as full-year guidance. Cisco reported quarterly earnings before certain costs such as stock compensation of 86 cents per share on revenue of $13.63 billion, up 6% from a year earlier. The results ...
Secrets management-as-a-service startup Akeyless raises $65M
Akeyless Security Ltd., a software-as-a-service-based secrets management startup for DevOps and information technology workloads, said today it has closed on $65 million in new funding. The Series B round was led by NGP Capital and brings Akeyless’s total amount raised to date to $80 million. Existing investors Team8 Capital and Jerusalem Venture Partners also participated ...
AMD announces its reprogrammable Versal AI chips are ready for space-based deployments
Artificial intelligence inference is about to become a lot more viable for makers of commercial space satellites thanks to Advanced Micro Devices Inc., which said today the latest version of its reprogrammable Versal system-on-a-chip is ready for takeoff. More specifically, the company said that its XQR Versal AI Core chip has officially been granted a Class ...
AI-powered video and audio editing app Descript raises $50M
Audio and video editing platform Descript Inc. said today it has closed on a $50 million round of funding led by the OpenAI Startup Fund, which was created by OpenAI Inc. and its partners, including Microsoft Corp. Andreessen Horowitz, Redpoint Ventures, Spark Capital and ex-Y Combinator partner Daniel Gross also participated in the Series C ...
SAP launches low-code app development tools for business users
Enterprise software firm SAP SE is aiming to make life easier for business professionals with the launch of a new, low-code tool that should help them to become citizen developers. SAP is hoping business users might want to build their own business-focused applications atop its enterprise software platform. SAP Build is said to be a ...
TigerGraph Cloud gets interactive insights and advanced machine learning development tools
TigerGraph Inc. today updated TigerGraph Cloud, its fully managed graph database service, with new capabilities that will enable users to extract more insights from their business data and accelerate the development of machine learning applications. The company is a well-funded database startup that has raised more than $170 million to date, closing on its most recent ...
Distributed file system startup WekaIO closes on bumper $135M funding round
Big-data platform provider WekaIO Inc. said today it has closed on a hefty $135 million late-stage funding round led by Generation Investment Management, doubling its valuation in the process. A host of other investors participated in the oversubscribed Series D round. They include 10D, Atreides Management, Celesta Capital, Gemini Ventures, Hewlett Packard Enterprise, Hitachi Ventures, ...
Google Cloud joins forces with multiple healthcare partners to boost data access and improve outcomes
Google Cloud announced today at this year’s HLTH 2022 event that it’s working with organizations across the healthcare sector to help them transform their technology stacks into an open and collaborative ecosystem that it says can significantly improve patient outcomes. In a blog post, Google Cloud Director of Global Healthcare Solutions Aashima Gupta said the ...
Dell’s newest PowerEdge servers make HPC, AI and quantum computing available to companies of all sizes
Dell Technologies Inc. said today it’s expanding its portfolio of high-performance computing server lineup with a range of new systems that combine the latest silicon hardware from Nvidia Corp. and Intel Corp. The new Dell PowerEdge servers were designed in collaboration with those chipmakers and will enable businesses of any size to perform workloads such ...