Mike Wheatley
Latest from Mike Wheatley
Report: SoftBank to create its first special-purpose acquisition company
SoftBank Group Corp. is preparing to raise between $500 million and $600 million via an initial public offering of its first special-purpose acquisition company, Axios reported late Sunday, citing multiple sources. The investment giant, which is known for backing promising technology startups, is said to be prepping for at least two additional SPACs, which are ...
Nvidia gets its own AI store in the AWS Marketplace
Nvidia Corp. is getting its own storefront in Amazon Web Services Inc.’s AWS Marketplace. Under an announcement today, customers will be able to download directly more than 20 of Nvidia’s NGC software resources to speed up their artificial intelligence deployments in healthcare, robotics, data science and other projects. Nvidia NGC is a catalog of graphics ...
IBM and Salesforce team up to help verify workers’ vaccination status
With COVID-19 vaccination programs finally kicking off in the U.S. and elsewhere in the world, IBM Corp. and Salesforce.com Inc. are teaming up to provide a secure way for people to verify their health status so they can get back to work safely. The companies said today they’re integrating IBM’s Digital Health Pass with Salesforce’s ...
Process automation startup UiPath files for IPO expected in the first half of 2021
Fast-growing robotic process automation startup UiPath Inc. is setting its sights on Wall Street after filing confidential paperwork for an initial public offering that will likely come in the first half of 2021. UiPath hasn’t yet determined a price for the offering, but Bloomberg, which first reported the news today, speculated it could put the company’s ...
Fetch.ai debuts a decentralized Mobility Framework for delivery drivers
U.K.-based artificial intelligence lab Fetch.ai Ltd. today announced the launch of its Mobility Framework that helps support delivery drivers by eliminating the middleman. Fetch.ai says that although the delivery economy has boomed throughout the COVID-19 pandemic, it’s concerned that the majority of the profits in that business are being sucked up by what it calls “big ...
Texas and nine other Republican-led states accuse Google of online ad stranglehold
Texas Attorney General Ken Paxton and nine other states have slapped Google LLC with a lawsuit accusing it of anticompetitive practices in its online advertising business. The complaint filed today targets Google’s alleged stranglehold of the online advertising technology market. Paxton announced the lawsuit in a video posted to Twitter, though the full complaint is ...
Google buys Neverware, whose software turns old PCs into Chromebooks
Google LLC has quietly acquired a company called Neverware Inc. that sells software to transform old personal computers and Macs into Chromebook devices. The acquisition was announced today by Neverware on Twitter, and Google later confirmed the news in a statement. Google had taken part in the company’s Series B funding round three years ago. Neverware’s ...
Scalable log analytics provider ChaosSearch raises $40M in new funding
Log data analytics platform company ChaosSearch Inc. said today it has closed on a $40 million round of funding. New York-based growth equity firm Stripes and Moore Strategic Ventures led the Series B round, which brings the company’s total amount raised to more than $59 million. Stripes partner Ron Shah is joining the board. ChaosSearch ...
Twitter to host its real-time services on Amazon’s cloud
Amazon Web Services Inc. rolled out another marquee cloud customer today, saying Twitter Inc. has chosen to deliver Twitter timelines on its cloud infrastructure. Under the multiyear deal, Twitter will use AWS’s cloud infrastructure to support the delivery of millions of tweets around the world. It marks the first time that the social media giant ...
Amazon argues for a correction of ‘flawed’ Pentagon JEDI cloud contract award
Amazon.com Inc. is ratcheting up its legal challenge to the U.S. Defense Department’s decision to award the $10 billion Joint Enterprise Defense Infrastructure cloud computing contract to its rival Microsoft Corp. In a redacted Oct. 23 court filing unsealed today, the company’s Amazon Web Services Inc. unit argued Microsoft’s bid must be “invalidated.” It said ...