Mike Wheatley
Latest from Mike Wheatley
Agentic e-commerce startup ZyG gets $58M to help solo inventors compete with the biggest global brands
When it comes to product innovation, global brands have an enormous advantage over smaller companies thanks to their massive scale, extensive resources, marketing expertise and robust supply chains, so the little guy can barely compete. But that may change with the arrival of artificial intelligence agents. That’s precisely the mission of ZyG Edge Inc., an ...
Evervault raises $25M to scale its ‘secure-by-default’ approach to payment data encryption
Payment data encryption startup Evervault Inc. said today it’s aiming to become the internet’s “clearing house for sensitive data” after raising $25 million in a Series B round of funding. The round was led by Ribbit Capital and saw participation from Sequoia Capital and Index Ventures, bringing the company’s total amount raised to date to ...
Big tech companies sign Trump’s voluntary pledge to protect Americans from rising electricity costs
Executives from big technology giants including Google LLC, Microsoft Corp. and Amazon.com Inc. met at the White House today, where they made the solemn promise to bear the cost of new electricity generation to power their data centers. The companies signed a pledge alongside U.S. President Donal Trump (pictured) to try to mitigate concerns that ...
Broadcom’s AI chip business jumps 106% as it cruises to another solid earnings and revenue beat
Artificial intelligence chipmaker Broadcom Inc. showed little sign of slowing down as it delivered its latest financial results, easing past Wall Street’s expectations and offering solid guidance for the current quarter — sending its stock 4% higher in extended trading. The company reported first-quarter adjusted earnings of $2.05 per share, beating the analysts’ projection of ...
Box brushes aside fears of AI’s threat with powerful earnings beat
Box Inc. bucked the trend of software companies crumbling in the face of the artificial intelligence threat, crushing Wall Street’s profit forecast, beating expectations on earnings, and offering solid guidance going forward. The news sent Box’s stock up more than 4% in extended trading. The cloud content management company reported earnings before certain costs such ...
Intel unveils cutting-edge Xeon 6+ CPUs with 288 cores, targeting AI-ready networks
Intel Corp. today unveiled its most advanced central processing unit so far, targeting artificial intelligence networks and other data center applications. Announced at the MWC telecom conference in Barcelona, the Xeon 6+ CPU, codenamed “Clearwater Forest,” is targeted at networks and cloud infrastructures and is based on a complex multi-chiplet design that combines 12 compute ...
OpenAI makes ChatGPT feel less ‘cringe’ with GPT-5.3 Instant update
OpenAI Group PBC says ChatGPT is going to feel less cringeworthy and awkward thanks to an update that means the default experience is now powered by GPT-5.3-Instant. The company announced the new model update in a blog post today, saying GPT-5.3-Instant will reduce the number of overly cautious refusals and unnecessary disclaimers and deliver more ...
MongoDB’s stock craters as lower guidance whips up investors’ AI software fears
Investors bailed on the database company MongoDB Inc. today after it crushed expectations in its latest financial results, only to follow up with miserable guidance for the current quarter. The soft guidance triggered further jitters among investors worried that the rise of artificial intelligence might upend the business models of software companies, and MongoDB’s stock ...
Google’s newest AI agents bring telcos a step closer to autonomous network operations
Google LLC is getting closer to fulfilling its vision of enabling truly autonomous network operations with the launch of its latest artificial intelligence agents. They’ll help telecommunications providers to build and maintain digital twins of their networks that can be used to predict their behavior under real-world conditions and test the impact of upgrades before ...
Report: Nvidia is working on a top-secret AI inference chip that could debut next month
Nvidia Corp. is reportedly working on a dedicated inference processor that will be used by OpenAI Group PBC and other artificial intelligence companies to develop faster and more efficient models, according to a report late Friday in the Wall Street Journal. The new inference platform is expected to be launched at Nvidia’s annual GTC developer ...