Mike Wheatley
Latest from Mike Wheatley
ServiceNow buys artificial intelligence pioneer Element AI
ServiceNow Inc. is beefing up its artificial intelligence development capabilities with the acquisition today of a company called Element AI Inc. that’s widely known as one of the pioneers in the field. Montreal-based Element AI launched back in 2016 as a professional services firm focused on helping traditional enterprises implement machine learning. The startup garnered ...
Ongoing COVID-19 lockdowns spark big rise in global PC sales
Research firm International Data Corp. said today that demand boosted by ongoing COVID-19 pandemic lockdowns in Europe, Middle East and Africa will help drive double-digit growth in the region’s personal computer market, ending years of declining sales. The need to continue working and studying from home during the coronavirus pandemic has created renewed demand for ...
France orders big tech firms to start paying digital tax
France is moving ahead with its plan to implement a controversial digital tax on big tech companies, sending out notices to various companies today informing them they’ll be required to pay up if they want to continue doing business there. The tax is being championed by the French Economy Minister Bruno Le Maire, who argues ...
Microsoft to open its most sustainable data center in Sweden next year
Microsoft Corp. said this week it’s planning to open in Sweden next year what it says will be one of the most advanced and sustainable data center locations it has ever built. The company said the new region, which consists of data centers in Gävle Sandviken and Staffanstorp, will help it to achieve its longstanding ...
Amazon debuts a fully managed version of Apache Airflow for data processing workloads
Amazon Web Services Inc. added to its growing catalog of big data services today with the launch of a new managed offering that helps customers execute data processing workloads in the cloud. The new service, called Amazon Managed Workflows for Apache Airflow, is meant to aid users of the open-source Apache Airflow tool that’s used ...
Pure Storage beats earnings and revenue targets but stock falls again
Data center storage company Pure Storage Inc. saw its stock lose almost 5% of its value in after-hours trading today despite posting third-quarter revenue and profit that edged past analysts’ expectations. The company, best known for its flash memory-based hardware and software storage products, reported a profit before certain costs such as stock compensation of a ...
Dell delivers another earnings beat on remote-work demand
Dell Technologies Inc. delivered another solid quarter today, crushing Wall Street’s estimates thanks to strong demand for personal computers as people continue to work and learn from home. The company, led by its founder, Chairman and Chief Executive Michael Dell (pictured), reported a third-quarter profit before certain costs such as stock compensation of $2.03 per share. ...
Hasty raises $3.7M in funding to speed up computer vision AI training
Artificial intelligence startup Hasty GmbH said today it has nabbed $3.7 million in seed funding as it looks to speed up the development of its next-generation annotation tool for computer vision. Shasta Ventures led the seed funding round, together with participation from coparion and iRobot Ventures. Hasty has built an annotation tool that’s used to ...
Amazon Translate makes it easier to generate customized translations
Amazon Web Services Inc. said today it’s enhancing its Amazon Translate machine translation service with a new feature that gives users more control over their output. Amazon Translate is an automated translation service that uses machine learning to convert text between different languages. The service is provided via an application programming interface that allows companies ...
Nutanix stock rallies as earnings top estimates and guidance rises
Shares of Nutanix Inc. shares rallied in after-hours trading today after the data center software and services company posted better-than-expected first-quarter financial results and provided strong guidance for the three months ahead. The company reported a loss before certain costs such as stock compensation of 44 cents per share on revenue of $312.8 million. Wall Street had ...