Mike Wheatley
Latest from Mike Wheatley
Dremio Cloud debuts an agentic data lakehouse operated by AI agents
Big data lakehouse company Dremio Corp. today announced a new, highly automated and fully-managed version of its platform called Dremio Cloud, promising to free data engineers from drudgery and make them 10 times as productive as they were before. Dremio is the creator of a specialized “agentic” data lakehouse platform that combines the capabilities of data ...
Neuron7 combines deterministic AI with autonomous reasoning to prevent agent hallucinations
Service intelligence startup Neuron7 Inc. said today it has come up with a solution to solve the reliability challenges that prevent enterprises from adopting artificial intelligence agents. That solution is Neuro, which launched today. The company described Neuro as a next-generation AI agent designed specifically for service and support environments that combines deterministic algorithms with ...
JFrog’s stock leaps on big cloud revenue growth and strong guidance
Shares of the software supply chain company JFrog Ltd. shot up more than 25% in extended trading today after it posted solid third-quarter results that flew past analysts’ expectations and followed with strong guidance going forward. The company reported earnings before certain costs such as stock compensation of 22 cents per share, whizzing past Wall ...
Drax model from aiOla makes AI speech recognition viable and reliable in noisy environments
Artificial intelligence startup aiOla says it’s ready to take on giants such as OpenAI Group PBC and Alibaba Holdings Ltd. in the field of speech recognition with a new voice AI model based on flow-matching training techniques. The new model is called Drax, and it reinvents the way AI speech algorithms are trained to better ...
Vast Data and CoreWeave team up to provide enhanced AI data services
Data infrastructure giant Vast Data Inc. said today it’s expanding its collaboration with the cloud data center operator CoreWeave Inc., signing a $1.17 billion commercial agreement that fortifies VAST AI OS as the primary data foundation for cloud-based artificial intelligence workloads. CoreWeave has emerged as one of the darlings of Wall Street since going public ...
HubSpot’s stock plummets on weak sales guidance and slowing growth
Marketing and sales software giant HubSpot Inc. delivered solid financial results today, breezing past Wall Street’s expectations on earnings and revenue, but its stock went into freefall after-hours on the back of tepid guidance for the current quarter. The company reported adjusted third-quarter earnings per share of $2.67, comfortably ahead of the Street’s target of ...
Qualcomm and Arm beat expectations, but investors’ reactions are mixed
Chipmakers Qualcomm Inc. and Arm Holdings Plc both delivered strong numbers today as their latest earnings results beat Wall Street’s expectations, but their stocks were heading in opposite directions in the wake of today’s reports. In the case of Qualcomm, it must be wondering what it did wrong, for it posted some impressive results that ...
Arista Networks beats expectations but its guidance worries investors
Arista Networks Inc. posted higher revenue and profit during the third quarter, but its guidance for the current quarter suggests sales growth will slow to a crawl on a sequential basis. The cloud networking company reported earnings before certain costs such as stock compensation of 75 cents per share, surpassing the analyst consensus estimate of ...
Supermicro’s stock tumbles on weak earnings and mixed guidance
Server maker Super Micro Computer Inc.’s stock took a nosedive in extended trading today after the company missed expectations with its first-quarter results. The company’s stock fell more than 9% after it reported earnings before certain costs such as stock compensation of 35 cents per share, trailing Wall Street’s 40-cent-per-share forecast. Revenue also came up ...
AMD’s revenue and profit jump again, but stock falls as margins disappoint
Advanced Micro Devices Inc. delivered sharp increases in both profit and revenue today as it pushed deeper into the artificial intelligence data center market, but its stock headed lower in late trading after its profit margin guidance disappointed investors. The chipmaker reported third-quarter earnings before certain costs such as stock compensation of $1.20 per share, ...