Mike Wheatley
Latest from Mike Wheatley
Snowflake’s stock slips on slowing sales as it expands Anthropic deal
Snowflake Inc. beat analysts’ expectations on earnings and revenue in its third quarter, offered solid guidance and struck a new multiyear deal with Anthropic PBC, but its stock plunged in extended trading after the results failed to meet the lofty bar of some investors. The data management software giant reported earnings before certain costs such ...
Salesforce’s AI bets gain momentum, but overall growth remains sluggish
Salesforce Inc. delivered mixed financial results and mixed guidance for the coming quarter, but its stock moved higher in late trading thanks to some encouraging progress from its agentic artificial intelligence initiatives. The company reported third-quarter earnings before certain costs such as stock compensation of $3.25 per share, crushing the analyst consensus estimate of just ...
AWS simplifies AI agent customization with automated reinforcement learning
Amazon Web Services Inc. wants to solve the efficiency challenges of artificial intelligence agents and reduce their overall inference demands, and it’s tackling the problem with more advanced model customization tools. The company announced today at its annual customer conference AWS re:Invent that it’s introducing a new Reinforcement Fine Tuning or RFT feature in Amazon Bedrock, ...
AI startup Vambe raises $14M to automate conversational commerce
Vambe AI Inc., the creator of a conversational business-to-consumer commerce platform that automates sales operations and customer support, said today it has raised $14 million in an early-stage funding. The Series A round was led by Monashees and saw participation from a host of other investors, including Cathay Latam, Atlantico, Tekton Ventures, Chile Ventures, SkyDeck ...
Marvell bets big on optical interconnects, buying Celestial AI for up to $5.5B
Chipmaker Marvell Technology Inc. said today it has agreed to acquire a networking startup called Celestial AI Inc. that’s developing optical interconnect technology to enable more rapid data center communications. The deal will see Marvell fork out at least $3.25 billion in cash and stock, and potentially up to $5.5 billion if it hits agreed ...
Shares of Pure Storage sink after earnings results fail to impress
Flash storage pioneer Pure Storage Inc. raised its full-year guidance today, but its stock fell hard in late trading after it failed to beat the market’s expectations in its latest quarterly earnings results. The company reported third-quarter earnings before certain costs such as stock compensation of 58 cents per share, matching the analysts’ consensus estimate. ...
Salesforce targets nonprofits with its agentic enterprise vision
Salesforce Inc. has made another gambit in its vertical approach to agentic artificial intelligence, rolling out a series of AI agents that are tightly integrated with its Nonprofit Cloud platform. Announced today, Agentforce Nonprofit features a suite of purpose-built AI agents designed to automate some of the most pressing tasks for nonprofit organizations, including fundraising, ...
AWS puts Kiro and other AI agents to work on truly autonomous software development
Amazon Web Services Inc. is using its annual AWS re:Invent 2025 extravaganza this week in Las Vegas to show how it’s putting artificial intelligence agents to work in enterprise environments. The cloud giant is moving on from the days of passive generative AI chatbots, building highly autonomous and massively scalable digital workers that can collaborate ...
Stack Overflow launches AI Assist chatbot for developers
Stack Exchange Inc., the company behind the leading developer resource Stack Overflow, today announced the public launch of its new AI Assist feature. The company says it provides users with access to a ChatGPT-like conversational experience that will answer coding-related questions with unprecedented accuracy. Unlike other general-purpose artificial intelligence chatbots, Stack Overflow’s AI Assist has been ...
Artificial Superintelligence Alliance members launch first cloud GPU cluster to power decentralized AI
Decentralized artificial intelligence has a lot of ground to make up if it wants to compete with centralized AI providers such as OpenAI Group PBC and Google Cloud, but it’s getting a big boost today with the launch of Singularity Compute Inc.’s first cloud computing cluster. The company, which serves as the for-profit infrastructure arm ...