Mike Wheatley
Latest from Mike Wheatley
Pure Storage and Nutanix beat expectations again, but Wall Street is nonplussed
Data storage pioneers Pure Storage Inc. and Nutanix Inc. failed to move the needle much in after-hours trading, despite posting solid results in their latest financial reports today. Both companies offered solid guidance for the current quarter too, but shares of Pure Storage were down slightly in the extended trading session, while Nutanix remained flat. ...
Salesforce posts strong results and bullish guidance as it looks forward to buying Informatica
Salesforce Inc. delivered a solid earnings and revenue beat just one day after announcing a plan to acquire the data management software pioneer Informatica Inc. for $8 billion. The company also delivered strong guidance for the current quarter and raised its full-year earnings and revenue forecast. Yet investors were nonplussed, and its stock rose only ...
Nvidia delivers another earnings and revenue beat on rampant data center growth
Nvidia Corp.‘s shares rose almost 5% in extended trading after the company reported better-than-expected earnings and revenue, with its data center business growing 73% year-over-year. The growth was impressive enough that investors were even willing to forgive Nvidia’s guidance miss, and its stock rose 4% after-hours. The company reported first-quarter earnings before certain costs such as ...
Bit Cloud builds more visibility and control into AI-generated applications
Composable software pioneer Bit Cloud said today it’s building on the capabilities of generative artificial intelligence coding tools such as GitHub Copilot with the launch of a new AI agent that can go much further than generating snippets of code. Bit Cloud said Hope AI is generally available starting today. It allows anyone to spin ...
Atlas Cloud optimizes AI inference service to boost GPU throughput
Cloud infrastructure startup Atlas Cloud today launched a highly optimized artificial intelligence inference service that it says dramatically reduces the computational requirements of even the most demanding AI workloads. The new service, called Atlas Inference, is designed to provide companies with a more cost-effective and simpler environment in which they can deploy and run their large ...
Monte Carlo turns its gaze to unstructured data quality issues
Data observability firm Monte Carlo Data Inc. is turning its attention to unstructured information, introducing a new capability that will allow enterprises to monitor the enormous volumes of text, images, video and audio files that are so vital for artificial intelligence workloads. The company’s new unstructured data monitoring engine represents an effort to fix one ...
Mistral AI gives developers a complete toolkit for building AI agents
French generative artificial intelligence startup Mistral AI, a rival to OpenAI, Anthropic PBC, Google LLC and others, has jumped into agentic AI development with the launch of a new application programming interface. The new Agents API announced today equips developers with powerful tools for building sophisticated AI agents based on Mistral AI’s large language models, ...
Anthropic’s Claude gets chatty with voice mode in beta
Anthropic PBC has achieved parity with OpenAI, Google LLC and others with the launch of a new “voice mode” for its Claude-powered chatbot applications, enabling more conversational interactions for users. Available in beta test now, Claude’s voice mode makes it possible for users to engage in “complete spoken conversations” with the generative artificial intelligence-powered assistant. ...
Box’s stock jumps 17% as it beats expectations and raises full-year forecast on agentic AI boost
Shares of the cloud content storage company Box Inc. jumped late today after it logged better-than-expected earnings and sales and raised its full-year guidance, saying it’s seeing traction with its new agentic artificial intelligence offerings. The company reported first-quarter earnings before certain costs such as stock compensation of 30 cents per share, beating Wall Street’s ...
Bito bites off $5.7M in funding to take on GitHub Copilot in AI coding
Bito Inc., the creator of an artificial intelligence-driven code review platform, is looking to take on GitHub Copilot and other players in the coding industry after closing on $5.7 million in funding today. The seed funding round was led by Vela Partners and saw participation from NextView Ventures, Maxitech Ventures, Eniac Ventures and others, bringing ...
