Mike Wheatley
Latest from Mike Wheatley
Database giant Oracle Corp. missed expectations on revenue by a whisker as it reported its fiscal 2023 third-quarter earnings results today, sending its stock down in extended trading. The company reported a net income for the quarter of $1.9 billion, or 68 …
AI21 Labs debuts Jurassic-2, an advanced large language model for text-based generative AI
Generative artificial intelligence research lab AI21 Labs Ltd. is releasing what it claims is the world’s most customizable large language model, Jurassic-2, for organizations that want to build advanced, chat-based AI applications at large scale. Ai21 Labs is both an AI research …
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 …
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 …
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 …
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 …
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 …
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 …
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, …
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 …